COE Results — Jun 2019 Ex 2
Cat A
$26,999
Small cars
Cat B
$35,906
Large cars
Cat C
$25,501
Goods vehicles
Cat D
$3,000
Motorcycles
Cat E
$39,400
Open category
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COE Prices — Jun 2019 Ex 2
Bidding Date: Wednesday, 19 June 2019
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $26,999 | ↓ -$3,010 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $35,906 | ↓ -$3,822 |
| Cat C | Goods Vehicles & Buses | $25,501 | ↓ -$1 |
| Cat D | Motorcycles | $3,000 | ↓ -$90 |
| Cat E | Open (All Vehicle Types) | $39,400 | ↓ -$2,602 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1424 | 1742 | 1225 | 1.22× |
| Cat B | 1141 | 1418 | 1137 | 1.24× |
| Cat C | 393 | 607 | 390 | 1.54× |
| Cat D | 909 | 1187 | 906 | 1.31× |
| Cat E | 381 | 536 | 380 | 1.41× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat A, −10.0%. Overall, 0 of 5 categories rose and 4 fell.
- Most contested: Cat C, with 1.54 bids for every COE available.
Category by Category
Cat A (small cars) plunged $3,010 (−10.0%) to $26,999. A year earlier, in Jun 2018 Ex 2, it was $34,110, so the premium is 20.8% lower year on year. That puts it in the lower part of its 12-month range of $23,568 to $36,704.
Cat B (large cars) dropped $3,822 (−9.6%) to $35,906. That is its 3rd fall in a row. It is the lowest Cat B premium since Feb 2019 Ex 2 ($35,403). A year earlier, in Jun 2018 Ex 2, it was $33,900, so the premium is 5.9% higher year on year.
Cat E (open category) dropped $2,602 (−6.2%) to $39,400. That is its 3rd fall in a row. It is the lowest Cat E premium since Mar 2019 Ex 1 ($37,620). A year earlier, in Jun 2018 Ex 2, it was $34,400, so the premium is 14.5% higher year on year.
Cat C (goods vehicles) was unchanged at $25,501. That is its 4th fall in a row. It is the lowest Cat C premium in our records, which begin in July 2017. A year earlier, in Jun 2018 Ex 2, it was $32,001, so the premium is 20.3% lower year on year.
Cat D (motorcycles) fell $90 (−2.9%) to $3,000. That is its 5th fall in a row. It is the lowest Cat D premium since Jan 2019 Ex 2 ($2,889). A year earlier, in Jun 2018 Ex 2, it was $6,889, so the premium is 56.5% lower year on year.
Bidding Competition
Cat B drew 1.24 bids per COE, well below its 12-month average of 1.47. Some COEs went unallocated: Cat A (199 of 1,424). 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: ← Jun 2019 Ex 1 · Jul 2019 Ex 1 →
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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