COE Bidding Results

COE Results — Mar 2019 Ex 2

COEresultsMarch 2019Singapore COECertificate of Entitlement

Cat A

$26,659

Small cars

Cat B

$39,401

Large cars

Cat C

$27,021

Goods vehicles

Cat D

$3,469

Motorcycles

Cat E

$41,000

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COE Prices — Mar 2019 Ex 2

Bidding Date: Wednesday, 20 March 2019

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$26,659↑ +$350
Cat BCars > 1,600cc or 130bhp (or 110kW)$39,401↑ +$2,440
Cat CGoods Vehicles & Buses$27,021↑ +$11
Cat DMotorcycles$3,469↓ -$133
Cat EOpen (All Vehicle Types)$41,000↑ +$3,380

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1650220416471.34×
Cat B1201187811951.56×
Cat C3044113041.35×
Cat D83410398251.25×
Cat E3977303961.84×

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

What Stood Out

  • Biggest mover: Cat E, +9.0%. Overall, 3 of 5 categories rose and 1 fell.
  • Cat B is at its highest since Feb 2018 Ex 1.
  • Cat E is at its highest since Jan 2018 Ex 2.
  • Most contested: Cat E, with 1.84 bids for every COE available.

Category by Category

Cat A (small cars) rose $350 (+1.3%) to $26,659. That is its 3rd rise in a row. It is the highest Cat A premium since Nov 2018 Ex 1 ($28,199). A year earlier, in Mar 2018 Ex 2, it was $38,000, so the premium is 29.8% lower year on year.

Cat B (large cars) climbed $2,440 (+6.6%) to $39,401. That is its 6th rise in a row. It is the highest Cat B premium since Feb 2018 Ex 1 ($42,322). A year earlier, in Mar 2018 Ex 2, it was $37,010, so the premium is 6.5% higher year on year.

Cat E (open category) climbed $3,380 (+9.0%) to $41,000. That is its 7th rise in a row. It is the highest Cat E premium since Jan 2018 Ex 2 ($44,000). A year earlier, in Mar 2018 Ex 2, it was $38,000, so the premium is 7.9% higher year on year.

Cat C (goods vehicles) was unchanged at $27,021. That is its 4th rise in a row. It is the highest Cat C premium since Nov 2018 Ex 2 ($27,509). A year earlier, in Mar 2018 Ex 2, it was $35,001, so the premium is 22.8% lower year on year.

Cat D (motorcycles) fell $133 (−3.7%) to $3,469. That is its 3rd fall in a row. A year earlier, in Mar 2018 Ex 2, it was $7,602, so the premium is 54.4% lower year on year. That puts it in the lower part of its 12-month range of $2,509 to $7,602.

Bidding Competition

Bidding competition in every category was close to its usual level for the past year.

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


Browse results: ← Mar 2019 Ex 1 · Apr 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.

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