COE Results — Jul 2018 Ex 2

COE Prices — Jul 2018 Ex 2

Bidding Date: Wednesday, 18 July 2018

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$32,699	↑ +$7,699
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$32,551	↑ +$1,551
Cat C	Goods Vehicles & Buses	$30,889	↓ -$203
Cat D	Motorcycles	$6,189	↓ -$325
Cat E	Open (All Vehicle Types)	$32,809	↑ +$1,808

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1443	3100	1412	2.15×
Cat B	1285	1919	1278	1.49×
Cat C	320	538	249	1.68×
Cat D	537	772	533	1.44×
Cat E	558	1082	558	1.94×

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

What Stood Out

• Biggest mover: Cat A, +30.8%. Overall, 3 of 5 categories rose and 2 fell.
• Unusual: Cat A ($32,699) closed above Cat B ($32,551), so small cars cost more in COE than large ones this round.
• Most contested: Cat A, with 2.15 bids for every COE available.

Category by Category

Cat A (small cars) jumped $7,699 (+30.8%) to $32,699. A year earlier, in Jul 2017 Ex 2, it was $44,002, so the premium is 25.7% lower year on year. That puts it in the lower part of its 12-month range of $25,000 to $47,112.

Cat B (large cars) climbed $1,551 (+5.0%) to $32,551. A year earlier, in Jul 2017 Ex 2, it was $50,001, so the premium is 34.9% lower year on year. That puts it at the bottom of its 12-month range of $31,000 to $57,414.

Cat E (open category) climbed $1,808 (+5.8%) to $32,809. A year earlier, in Jul 2017 Ex 2, it was $50,101, so the premium is 34.5% lower year on year. That puts it at the bottom of its 12-month range of $31,001 to $57,501.

Cat C (goods vehicles) dipped $203 (−0.7%) to $30,889. A year earlier, in Jul 2017 Ex 2, it was $42,809, so the premium is 27.8% 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 $325 (−5.0%) to $6,189. That is its 5th fall in a row. It is the lowest Cat D premium since Nov 2017 Ex 2 ($5,992). A year earlier, in Jul 2017 Ex 2, it was $5,851, so the premium is 5.8% higher year on year.

Bidding Competition

Cat A drew 2.15 bids per COE, well above its 12-month average of 1.36. Cat E drew 1.94 bids per COE, well above its 12-month average of 1.63. Some COEs went unallocated: Cat C (71 of 320). Unallocated COEs are added to the next exercise’s quota.

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

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Browse results: ← Jul 2018 Ex 1 · Aug 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.