COE Results — Oct 2018 Ex 2

COE Prices — Oct 2018 Ex 2

Bidding Date: Wednesday, 17 October 2018

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$25,556	↓ -$2,901
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$31,302	↑ +$1
Cat C	Goods Vehicles & Buses	$29,501	↑ +$1,000
Cat D	Motorcycles	$3,951	↓ -$158
Cat E	Open (All Vehicle Types)	$32,900	↑ +$348

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1674	1811	1672	1.08×
Cat B	1273	1856	1267	1.46×
Cat C	350	470	349	1.34×
Cat D	819	1201	819	1.47×
Cat E	539	779	527	1.45×

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

What Stood Out

• Biggest mover: Cat A, −10.2%. Overall, 2 of 5 categories rose and 2 fell.
• Most contested: Cat D, with 1.47 bids for every COE available.

Category by Category

Cat A (small cars) plunged $2,901 (−10.2%) to $25,556. It is the lowest Cat A premium since Jul 2018 Ex 1 ($25,000). A year earlier, in Oct 2017 Ex 2, it was $41,617, so the premium is 38.6% lower year on year.

Cat B (large cars) was unchanged at $31,302. A year earlier, in Oct 2017 Ex 2, it was $49,996, so the premium is 37.4% 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) rose $348 (+1.1%) to $32,900. That is its 3rd rise in a row. A year earlier, in Oct 2017 Ex 2, it was $52,000, so the premium is 36.7% 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) rose $1,000 (+3.5%) to $29,501. That is its 3rd rise in a row. A year earlier, in Oct 2017 Ex 2, it was $51,890, so the premium is 43.1% 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 $158 (−3.8%) to $3,951. That is its 11th fall in a row. It is the lowest Cat D premium since Aug 2017 Ex 2 ($3,512). A year earlier, in Oct 2017 Ex 2, it was $4,903, so the premium is 19.4% lower year on year.

Bidding Competition

Cat A drew 1.08 bids per COE, well below its 12-month average of 1.43.

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

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Browse results: ← Oct 2018 Ex 1 · Nov 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.