COE Results — Aug 2018 Ex 2

COE Prices — Aug 2018 Ex 2

Bidding Date: Wednesday, 15 August 2018

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$31,997	↓ -$1,801
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$32,429	↓ -$1,952
Cat C	Goods Vehicles & Buses	$29,902	↓ -$487
Cat D	Motorcycles	$4,889	↓ -$625
Cat E	Open (All Vehicle Types)	$32,311	↓ -$1,109

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1695	2948	1695	1.74×
Cat B	1272	2031	1259	1.60×
Cat C	409	635	204	1.55×
Cat D	824	1176	823	1.43×
Cat E	527	927	525	1.76×

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

What Stood Out

• Biggest mover: Cat D, −11.3%. Overall, every category fell.
• Narrow gap: Cat B is only $432 above Cat A.
• Unusual: the Open category ($32,311) closed below Cat B ($32,429). Cat E can be used for any vehicle, so it normally sits at or above Cat B.
• Most contested: Cat E, with 1.76 bids for every COE available.

Category by Category

Cat A (small cars) dropped $1,801 (−5.3%) to $31,997. A year earlier, in Aug 2017 Ex 2, it was $42,900, so the premium is 25.4% 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) dropped $1,952 (−5.7%) to $32,429. A year earlier, in Aug 2017 Ex 2, it was $51,000, so the premium is 36.4% 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) fell $1,109 (−3.3%) to $32,311. A year earlier, in Aug 2017 Ex 2, it was $50,000, so the premium is 35.4% 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) fell $487 (−1.6%) to $29,902. That is its 4th fall in a row. A year earlier, in Aug 2017 Ex 2, it was $42,004, so the premium is 28.8% lower year on year. That puts it at the bottom of its 12-month range of $29,901 to $58,036.

Cat D (motorcycles) plunged $625 (−11.3%) to $4,889. That is its 7th fall in a row. It is the lowest Cat D premium since Aug 2017 Ex 2 ($3,512). A year earlier, in Aug 2017 Ex 2, it was $3,512, so the premium is 39.2% higher year on year.

Bidding Competition

Cat A drew 1.74 bids per COE, well above its 12-month average of 1.43. Cat B drew 1.60 bids per COE, well above its 12-month average of 1.37. Some COEs went unallocated: Cat C (205 of 409). 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: ← Aug 2018 Ex 1 · Sep 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.