COE Results — May 2019 Ex 2

COE Prices — May 2019 Ex 2

Bidding Date: Wednesday, 15 May 2019

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$27,000	↓ -$9,704
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$42,564	↓ -$5,446
Cat C	Goods Vehicles & Buses	$27,400	↓ -$1,159
Cat D	Motorcycles	$3,202	↓ -$150
Cat E	Open (All Vehicle Types)	$47,000	↓ -$5,502

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1475	1799	1475	1.22×
Cat B	1163	1407	1161	1.21×
Cat C	409	600	406	1.47×
Cat D	898	1193	886	1.33×
Cat E	382	626	375	1.64×

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

What Stood Out

• Biggest mover: Cat A, −26.4%. Overall, every category fell.
• Most contested: Cat E, with 1.64 bids for every COE available.

Category by Category

Cat A (small cars) plunged $9,704 (−26.4%) to $27,000. A year earlier, in May 2018 Ex 2, it was $38,001, so the premium is 28.9% lower year on year. That puts it in the lower part of its 12-month range of $23,568 to $38,001.

Cat B (large cars) plunged $5,446 (−11.3%) to $42,564. A year earlier, in May 2018 Ex 2, it was $37,989, so the premium is 12.0% higher year on year. That puts it in the upper part of its 12-month range of $31,000 to $48,010.

Cat E (open category) plunged $5,502 (−10.5%) to $47,000. A year earlier, in May 2018 Ex 2, it was $38,700, so the premium is 21.4% higher year on year. That puts it in the upper part of its 12-month range of $30,851 to $52,502.

Cat C (goods vehicles) fell $1,159 (−4.1%) to $27,400. A year earlier, in May 2018 Ex 2, it was $29,901, so the premium is 8.4% lower year on year. That puts it in the lower part of its 12-month range of $26,230 to $32,001.

Cat D (motorcycles) fell $150 (−4.5%) to $3,202. That is its 3rd fall in a row. It is the lowest Cat D premium since Jan 2019 Ex 2 ($2,889). A year earlier, in May 2018 Ex 2, it was $7,115, so the premium is 55.0% lower year on year.

Bidding Competition

Cat B drew 1.21 bids per COE, well below its 12-month average of 1.49.

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

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Browse results: ← May 2019 Ex 1 · Jun 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.