COE Results — Jul 2019 Ex 1

COE Prices — Jul 2019 Ex 1

Bidding Date: Wednesday, 3 July 2019

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$28,589	↑ +$1,590
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$34,000	↓ -$1,906
Cat C	Goods Vehicles & Buses	$25,089	↓ -$412
Cat D	Motorcycles	$3,081	↑ +$81
Cat E	Open (All Vehicle Types)	$36,901	↓ -$2,499

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1431	1795	1428	1.25×
Cat B	1141	1390	1135	1.22×
Cat C	390	649	382	1.66×
Cat D	902	1141	890	1.26×
Cat E	379	523	377	1.38×

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

What Stood Out

• Biggest mover: Cat E, −6.3%. Overall, 2 of 5 categories rose and 3 fell.
• Most contested: Cat C, with 1.66 bids for every COE available.

Category by Category

Cat A (small cars) climbed $1,590 (+5.9%) to $28,589. A year earlier, in Jul 2018 Ex 1, it was $25,000, so the premium is 14.4% higher 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 $1,906 (−5.3%) to $34,000. That is its 4th fall in a row. It is the lowest Cat B premium since Jan 2019 Ex 2 ($33,989). A year earlier, in Jul 2018 Ex 1, it was $31,000, so the premium is 9.7% higher year on year.

Cat E (open category) dropped $2,499 (−6.3%) to $36,901. That is its 4th fall in a row. It is the lowest Cat E premium since Feb 2019 Ex 2 ($36,667). A year earlier, in Jul 2018 Ex 1, it was $31,001, so the premium is 19.0% higher year on year.

Cat C (goods vehicles) fell $412 (−1.6%) to $25,089. That is its 5th fall in a row. It is the lowest Cat C premium in our records, which begin in July 2017. A year earlier, in Jul 2018 Ex 1, it was $31,092, so the premium is 19.3% lower year on year.

Cat D (motorcycles) rose $81 (+2.7%) to $3,081. A year earlier, in Jul 2018 Ex 1, it was $6,514, so the premium is 52.7% lower year on year. That puts it in the lower part of its 12-month range of $2,509 to $6,514.

Bidding Competition

Cat B drew 1.22 bids per COE, well below its 12-month average of 1.47. Cat E drew 1.38 bids per COE, well below its 12-month average of 1.64.

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

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Browse results: ← Jun 2019 Ex 2 · Jul 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.