COE Results — Nov 2019 Ex 2

COE Prices — Nov 2019 Ex 2

Bidding Date: Wednesday, 20 November 2019

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$32,000	↑ +$2,000
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$39,700	↓ -$309
Cat C	Goods Vehicles & Buses	$24,502	↓ -$890
Cat D	Motorcycles	$3,921	↓ -$179
Cat E	Open (All Vehicle Types)	$40,889	↑ +$788

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1023	1468	1012	1.43×
Cat B	1019	1331	1016	1.31×
Cat C	322	495	322	1.54×
Cat D	698	974	692	1.40×
Cat E	390	540	383	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 A, +6.7%. Overall, 2 of 5 categories rose and 3 fell.
• Most contested: Cat C, with 1.54 bids for every COE available.

Category by Category

Cat A (small cars) climbed $2,000 (+6.7%) to $32,000. A year earlier, in Nov 2018 Ex 2, it was $25,000, so the premium is 28.0% higher 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) dipped $309 (−0.8%) to $39,700. A year earlier, in Nov 2018 Ex 2, it was $31,101, so the premium is 27.6% 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 $788 (+2.0%) to $40,889. A year earlier, in Nov 2018 Ex 2, it was $30,959, so the premium is 32.1% 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 $890 (−3.5%) to $24,502. That is its 3rd fall in a row. It is the lowest Cat C premium in our records, which begin in July 2017. A year earlier, in Nov 2018 Ex 2, it was $27,509, so the premium is 10.9% lower year on year.

Cat D (motorcycles) fell $179 (−4.4%) to $3,921. A year earlier, in Nov 2018 Ex 2, it was $2,989, so the premium is 31.2% higher year on year. That puts it in the upper part of its 12-month range of $2,889 to $4,400.

Bidding Competition

Bidding competition in every category was close to its usual level for the past year.

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

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Browse results: ← Nov 2019 Ex 1 · Dec 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.