COE Results — Dec 2018 Ex 2

COE Prices — Dec 2018 Ex 2

Bidding Date: Wednesday, 19 December 2018

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$25,501	↑ +$1,933
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$31,001	→ $0
Cat C	Goods Vehicles & Buses	$27,001	↓ -$8
Cat D	Motorcycles	$3,789	↑ +$390
Cat E	Open (All Vehicle Types)	$31,809	↑ +$958

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1890	2729	1887	1.44×
Cat B	1243	1804	1235	1.45×
Cat C	333	503	318	1.51×
Cat D	1114	1375	1114	1.23×
Cat E	545	778	545	1.43×

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

What Stood Out

• Biggest mover: Cat D, +11.5%. Overall, 3 of 5 categories rose and 0 fell.
• Most contested: Cat C, with 1.51 bids for every COE available.

Category by Category

Cat A (small cars) climbed $1,933 (+8.2%) to $25,501. A year earlier, in Dec 2017 Ex 2, it was $38,200, so the premium is 33.2% lower year on year. That puts it in the lower part of its 12-month range of $23,568 to $41,400.

Cat B (large cars) was unchanged at $31,001. A year earlier, in Dec 2017 Ex 2, it was $47,002, so the premium is 34.0% lower year on year. That puts it at the bottom of its 12-month range of $31,000 to $47,002.

Cat E (open category) rose $958 (+3.1%) to $31,809. A year earlier, in Dec 2017 Ex 2, it was $48,011, so the premium is 33.7% lower year on year. That puts it at the bottom of its 12-month range of $30,851 to $48,011.

Cat C (goods vehicles) was unchanged at $27,001. That is its 3rd fall in a row. It is the lowest Cat C premium since Sep 2018 Ex 1 ($27,001). A year earlier, in Dec 2017 Ex 2, it was $45,112, so the premium is 40.1% lower year on year.

Cat D (motorcycles) jumped $390 (+11.5%) to $3,789. That is its 3rd rise in a row. A year earlier, in Dec 2017 Ex 2, it was $7,501, so the premium is 49.5% 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 E drew 1.43 bids per COE, well below its 12-month average of 1.71.

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

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Browse results: ← Dec 2018 Ex 1 · Jan 2019 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.