COE Results — Sep 2018 Ex 2

COE Prices — Sep 2018 Ex 2

Bidding Date: Wednesday, 19 September 2018

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$28,000	↓ -$2,209
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$31,307	↓ -$694
Cat C	Goods Vehicles & Buses	$27,104	↑ +$103
Cat D	Motorcycles	$4,214	↓ -$176
Cat E	Open (All Vehicle Types)	$32,000	↑ +$199

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1664	2059	1655	1.24×
Cat B	1278	1859	1269	1.45×
Cat C	542	921	529	1.70×
Cat D	821	1098	821	1.34×
Cat E	530	928	519	1.75×

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

What Stood Out

• Biggest mover: Cat A, −7.3%. Overall, 2 of 5 categories rose and 3 fell.
• Most contested: Cat E, with 1.75 bids for every COE available.

Category by Category

Cat A (small cars) dropped $2,209 (−7.3%) to $28,000. That is its 3rd fall in a row. A year earlier, in Sep 2017 Ex 2, it was $42,902, so the premium is 34.7% 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) fell $694 (−2.2%) to $31,307. That is its 3rd fall in a row. A year earlier, in Sep 2017 Ex 2, it was $49,189, 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) inched up $199 (+0.6%) to $32,000. A year earlier, in Sep 2017 Ex 2, it was $49,012, so the premium is 34.7% 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) inched up $103 (+0.4%) to $27,104. A year earlier, in Sep 2017 Ex 2, it was $46,890, so the premium is 42.2% lower year on year. That puts it at the bottom of its 12-month range of $27,001 to $58,036.

Cat D (motorcycles) fell $176 (−4.0%) to $4,214. That is its 9th fall in a row. It is the lowest Cat D premium since Aug 2017 Ex 2 ($3,512). A year earlier, in Sep 2017 Ex 2, it was $5,501, so the premium is 23.4% lower year on year.

Bidding Competition

Cat A drew 1.24 bids per COE, well below its 12-month average of 1.47.

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

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Browse results: ← Sep 2018 Ex 1 · Oct 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.