COE Results — Dec 2018 Ex 1

COE Prices — Dec 2018 Ex 1

Bidding Date: Wednesday, 5 December 2018

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$23,568	↓ -$1,432
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$31,001	↓ -$100
Cat C	Goods Vehicles & Buses	$27,009	↓ -$500
Cat D	Motorcycles	$3,399	↑ +$410
Cat E	Open (All Vehicle Types)	$30,851	↓ -$108

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1878	2177	1878	1.16×
Cat B	1239	1780	1230	1.44×
Cat C	329	489	328	1.49×
Cat D	1121	1483	1113	1.32×
Cat E	552	1021	546	1.85×

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

What Stood Out

• Biggest mover: Cat D, +13.7%. Overall, 1 of 5 categories rose and 4 fell.
• Record: Cat A set a new low for our records (since July 2017).
• Record: Cat E set a new low for our records (since July 2017).
• Unusual: the Open category ($30,851) closed below Cat B ($31,001). Cat E can be used for any vehicle, so it normally sits at or above Cat B.
• Most contested: Cat E, with 1.85 bids for every COE available.

Category by Category

Cat A (small cars) dropped $1,432 (−5.7%) to $23,568. It is the lowest Cat A premium in our records, which begin in July 2017. A year earlier, in Dec 2017 Ex 1, it was $42,339, so the premium is 44.3% lower year on year.

Cat B (large cars) dipped $100 (−0.3%) to $31,001. It is the lowest Cat B premium since Jul 2018 Ex 1 ($31,000). A year earlier, in Dec 2017 Ex 1, it was $53,711, so the premium is 42.3% lower year on year.

Cat E (open category) dipped $108 (−0.3%) to $30,851. That is its 3rd fall in a row. It is the lowest Cat E premium in our records, which begin in July 2017. A year earlier, in Dec 2017 Ex 1, it was $54,334, so the premium is 43.2% lower year on year.

Cat C (goods vehicles) fell $500 (−1.8%) to $27,009. A year earlier, in Dec 2017 Ex 1, it was $42,000, so the premium is 35.7% lower year on year. That puts it at the bottom of its 12-month range of $27,001 to $45,112.

Cat D (motorcycles) jumped $410 (+13.7%) to $3,399. A year earlier, in Dec 2017 Ex 1, it was $6,552, so the premium is 48.1% lower year on year. That puts it in the lower part of its 12-month range of $2,509 to $8,451.

Bidding Competition

Cat A drew 1.16 bids per COE, well below its 12-month average of 1.38.

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

---

Browse results: ← Nov 2018 Ex 2 · Dec 2018 Ex 2 →

← All COE Results

---

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.