COE Bidding Results

COE Results — Aug 2019 Ex 2

COEresultsAugust 2019Singapore COECertificate of Entitlement

Cat A

$31,917

Small cars

Cat B

$38,602

Large cars

Cat C

$26,501

Goods vehicles

Cat D

$4,301

Motorcycles

Cat E

$40,002

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COE Prices — Aug 2019 Ex 2

Bidding Date: Wednesday, 21 August 2019

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$31,917↓ -$808
Cat BCars > 1,600cc or 130bhp (or 110kW)$38,602↓ -$1,399
Cat CGoods Vehicles & Buses$26,501↓ -$1,299
Cat DMotorcycles$4,301↓ -$99
Cat EOpen (All Vehicle Types)$40,002↓ -$510

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1062172510621.62×
Cat B1045141510431.35×
Cat C2834462831.58×
Cat D74210105741.36×
Cat E3635933531.63×

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

What Stood Out

  • Biggest mover: Cat C, −4.7%. Overall, every category fell.
  • Most contested: Cat E, with 1.63 bids for every COE available.

Category by Category

Cat A (small cars) fell $808 (−2.5%) to $31,917. A year earlier, in Aug 2018 Ex 2, it was $31,997, so the premium is roughly flat 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) fell $1,399 (−3.5%) to $38,602. A year earlier, in Aug 2018 Ex 2, it was $32,429, so the premium is 19.0% higher year on year. That puts it mid-way through its 12-month range of $31,001 to $48,010.

Cat E (open category) fell $510 (−1.3%) to $40,002. A year earlier, in Aug 2018 Ex 2, it was $32,311, so the premium is 23.8% higher year on year. That puts it mid-way through its 12-month range of $30,851 to $52,502.

Cat C (goods vehicles) fell $1,299 (−4.7%) to $26,501. A year earlier, in Aug 2018 Ex 2, it was $29,902, so the premium is 11.4% lower year on year. That puts it in the lower part of its 12-month range of $24,599 to $32,001.

Cat D (motorcycles) fell $99 (−2.3%) to $4,301. A year earlier, in Aug 2018 Ex 2, it was $4,889, so the premium is 12.0% lower year on year. That puts it at the top of its 12-month range of $2,509 to $4,400.

Bidding Competition

Cat A drew 1.62 bids per COE, well above its 12-month average of 1.36. Some COEs went unallocated: Cat D (168 of 742). Unallocated COEs are added to the next exercise’s quota.

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Browse results: ← Aug 2019 Ex 1 · Sep 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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