COE Bidding Results

COE Results — Feb 2019 Ex 1

COEresultsFebruary 2019Singapore COECertificate of Entitlement

Cat A

$25,689

Small cars

Cat B

$34,509

Large cars

Cat C

$26,378

Goods vehicles

Cat D

$3,709

Motorcycles

Cat E

$35,310

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COE Prices — Feb 2019 Ex 1

Bidding Date: Wednesday, 6 February 2019

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$25,689↓ -$481
Cat BCars > 1,600cc or 130bhp (or 110kW)$34,509↑ +$520
Cat CGoods Vehicles & Buses$26,378↑ +$148
Cat DMotorcycles$3,709↑ +$820
Cat EOpen (All Vehicle Types)$35,310↑ +$1,621

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1662237116531.43×
Cat B1202193711691.61×
Cat C3264663241.43×
Cat D83411648341.40×
Cat E4035453921.35×

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

What Stood Out

  • Biggest mover: Cat D, +28.4%. Overall, 4 of 5 categories rose and 1 fell.
  • Most contested: Cat B, with 1.61 bids for every COE available.
  • Supply: the total quota shrank −12.3% to 4,427 COEs.

Category by Category

Cat A (small cars) fell $481 (−1.8%) to $25,689. A year earlier, in Feb 2018 Ex 1, it was $40,000, so the premium is 35.8% lower year on year. That puts it in the lower part of its 12-month range of $23,568 to $40,000.

Cat B (large cars) rose $520 (+1.5%) to $34,509. That is its 3rd rise in a row. It is the highest Cat B premium since Jun 2018 Ex 1 ($36,000). A year earlier, in Feb 2018 Ex 1, it was $42,322, so the premium is 18.5% lower year on year.

Cat E (open category) rose $1,621 (+4.8%) to $35,310. That is its 4th rise in a row. It is the highest Cat E premium since Jun 2018 Ex 1 ($37,000). A year earlier, in Feb 2018 Ex 1, it was $39,903, so the premium is 11.5% lower year on year.

Cat C (goods vehicles) inched up $148 (+0.6%) to $26,378. A year earlier, in Feb 2018 Ex 1, it was $38,303, so the premium is 31.1% lower year on year. That puts it at the bottom of its 12-month range of $26,230 to $38,303.

Cat D (motorcycles) jumped $820 (+28.4%) to $3,709. A year earlier, in Feb 2018 Ex 1, it was $8,451, so the premium is 56.1% 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 E drew 1.35 bids per COE, well below its 12-month average of 1.67.

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Browse results: ← Jan 2019 Ex 2 · Feb 2019 Ex 2 →

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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.

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