COE Bidding Results

COE Results — Aug 2019 Ex 1

COEresultsAugust 2019Singapore COECertificate of Entitlement

Cat A

$32,725

Small cars

Cat B

$40,001

Large cars

Cat C

$27,800

Goods vehicles

Cat D

$4,400

Motorcycles

Cat E

$40,512

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COE Prices — Aug 2019 Ex 1

Bidding Date: Wednesday, 7 August 2019

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$32,725↑ +$6,058
Cat BCars > 1,600cc or 130bhp (or 110kW)$40,001↑ +$595
Cat CGoods Vehicles & Buses$27,800↑ +$3,201
Cat DMotorcycles$4,400↑ +$846
Cat EOpen (All Vehicle Types)$40,512↑ +$623

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1059202310591.91×
Cat B1047148710431.42×
Cat C2924922731.68×
Cat D75110407511.38×
Cat E3575893531.65×

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

What Stood Out

  • Biggest mover: Cat D, +23.8%. Overall, every category rose.
  • Most contested: Cat A, with 1.91 bids for every COE available.
  • Supply: the total quota shrank −20.9% to 3,506 COEs.

Category by Category

Cat A (small cars) jumped $6,058 (+22.7%) to $32,725. A year earlier, in Aug 2018 Ex 1, it was $33,798, so the premium is 3.2% lower year on year. That puts it in the upper part of its 12-month range of $23,568 to $36,704.

Cat B (large cars) rose $595 (+1.5%) to $40,001. A year earlier, in Aug 2018 Ex 1, it was $34,381, so the premium is 16.3% higher year on year. That puts it mid-way through its 12-month range of $31,001 to $48,010.

Cat E (open category) rose $623 (+1.6%) to $40,512. A year earlier, in Aug 2018 Ex 1, it was $33,420, so the premium is 21.2% higher year on year. That puts it mid-way through its 12-month range of $30,851 to $52,502.

Cat C (goods vehicles) jumped $3,201 (+13.0%) to $27,800. A year earlier, in Aug 2018 Ex 1, it was $30,389, so the premium is 8.5% lower year on year. That puts it mid-way through its 12-month range of $24,599 to $32,001.

Cat D (motorcycles) jumped $846 (+23.8%) to $4,400. That is its 3rd rise in a row. It is the highest Cat D premium since Aug 2018 Ex 2 ($4,889). A year earlier, in Aug 2018 Ex 1, it was $5,514, so the premium is 20.2% lower year on year.

Bidding Competition

Cat A drew 1.91 bids per COE, well above its 12-month average of 1.35. Some COEs went unallocated: Cat C (19 of 292). Unallocated COEs are added to the next exercise’s quota. The Cat A quota fell −34.8% to 1,059 from the previous exercise.

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


Browse results: ← Jul 2019 Ex 2 · Aug 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.

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