COE Bidding Results

COE Results — Apr 2019 Ex 2

COEresultsApril 2019Singapore COECertificate of Entitlement

Cat A

$33,199

Small cars

Cat B

$48,000

Large cars

Cat C

$32,001

Goods vehicles

Cat D

$3,452

Motorcycles

Cat E

$52,410

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COE Prices — Apr 2019 Ex 2

Bidding Date: Wednesday, 17 April 2019

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$33,199↑ +$4,040
Cat BCars > 1,600cc or 130bhp (or 110kW)$48,000↑ +$4,898
Cat CGoods Vehicles & Buses$32,001↑ +$4,412
Cat DMotorcycles$3,452↓ -$49
Cat EOpen (All Vehicle Types)$52,410↑ +$4,201

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1653224916031.36×
Cat B1205163411811.36×
Cat C3045602841.84×
Cat D83511298341.35×
Cat E3986673911.68×

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

What Stood Out

  • Biggest mover: Cat C, +16.0%. Overall, 4 of 5 categories rose and 1 fell.
  • Cat B is at its highest since Dec 2017 Ex 1.
  • Cat E is at its highest since Dec 2017 Ex 1.
  • Most contested: Cat C, with 1.84 bids for every COE available.

Category by Category

Cat A (small cars) jumped $4,040 (+13.9%) to $33,199. That is its 5th rise in a row. It is the highest Cat A premium since Aug 2018 Ex 1 ($33,798). A year earlier, in Apr 2018 Ex 2, it was $38,510, so the premium is 13.8% lower year on year.

Cat B (large cars) jumped $4,898 (+11.4%) to $48,000. That is its 8th rise in a row. It is the highest Cat B premium since Dec 2017 Ex 1 ($53,711). A year earlier, in Apr 2018 Ex 2, it was $37,330, so the premium is 28.6% higher year on year.

Cat E (open category) climbed $4,201 (+8.7%) to $52,410. That is its 9th rise in a row. It is the highest Cat E premium since Dec 2017 Ex 1 ($54,334). A year earlier, in Apr 2018 Ex 2, it was $38,389, so the premium is 36.5% higher year on year.

Cat C (goods vehicles) jumped $4,412 (+16.0%) to $32,001. That is its 6th rise in a row. It is the highest Cat C premium since Jun 2018 Ex 2 ($32,001). A year earlier, in Apr 2018 Ex 2, it was $34,202, so the premium is 6.4% lower year on year.

Cat D (motorcycles) fell $49 (−1.4%) to $3,452. A year earlier, in Apr 2018 Ex 2, it was $7,115, so the premium is 51.5% lower year on year. That puts it in the lower part of its 12-month range of $2,509 to $7,204.

Bidding Competition

Some COEs went unallocated: Cat C (20 of 304). Unallocated COEs are added to the next exercise’s quota.

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


Browse results: ← Apr 2019 Ex 1 · May 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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