COE Results — Jun 2018 Ex 2

COE Prices — Jun 2018 Ex 2

Bidding Date: Wednesday, 20 June 2018

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$34,110	↓ -$2,316
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$33,900	↓ -$2,100
Cat C	Goods Vehicles & Buses	$32,001	↑ +$2,099
Cat D	Motorcycles	$6,889	↓ -$112
Cat E	Open (All Vehicle Types)	$34,400	↓ -$2,600

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1446	1818	1437	1.26×
Cat B	1316	1729	1311	1.31×
Cat C	308	548	293	1.78×
Cat D	527	771	517	1.46×
Cat E	581	868	580	1.49×

Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.

What Stood Out

• Biggest mover: Cat E, −7.0%. Overall, 1 of 5 categories rose and 4 fell.
• Record: Cat A set a new low for our records (since July 2017).
• Record: Cat B set a new low for our records (since July 2017).
• Record: Cat E set a new low for our records (since July 2017).
• Unusual: Cat A ($34,110) closed above Cat B ($33,900), so small cars cost more in COE than large ones this round.
• Most contested: Cat C, with 1.78 bids for every COE available.

Category by Category

Cat A (small cars) dropped $2,316 (−6.4%) to $34,110. That is its 3rd fall in a row. It is the lowest Cat A premium in our records, which begin in July 2017. A year earlier, in Jul 2017 Ex 1, it was $42,801, so the premium is 20.3% lower year on year.

Cat B (large cars) dropped $2,100 (−5.8%) to $33,900. That is its 3rd fall in a row. It is the lowest Cat B premium in our records, which begin in July 2017. A year earlier, in Jul 2017 Ex 1, it was $49,802, so the premium is 31.9% lower year on year.

Cat E (open category) dropped $2,600 (−7.0%) to $34,400. It is the lowest Cat E premium in our records, which begin in July 2017. A year earlier, in Jul 2017 Ex 1, it was $49,899, so the premium is 31.1% lower year on year.

Cat C (goods vehicles) climbed $2,099 (+7.0%) to $32,001. A year earlier, in Jul 2017 Ex 1, it was $40,212, so the premium is 20.4% lower year on year. That puts it at the bottom of its 12-month range of $29,901 to $58,036.

Cat D (motorcycles) fell $112 (−1.6%) to $6,889. That is its 3rd fall in a row. It is the lowest Cat D premium since Dec 2017 Ex 1 ($6,552). A year earlier, in Jul 2017 Ex 1, it was $6,001, so the premium is 14.8% higher year on year.

Bidding Competition

Bidding competition in every category was close to its usual level for the past year.

New to COE bidding? Read how COE bidding works and what each COE category covers.

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Browse results: ← Jun 2018 Ex 1 · Jul 2018 Ex 1 →

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Results sourced from LTA/Singapore government data via the Steer SG data pipeline. This is an informational service. We are not affiliated with LTA, Singapore government, or any car dealer.