COE Results — Dec 2019 Ex 1

COE Prices — Dec 2019 Ex 1

Bidding Date: Wednesday, 4 December 2019

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$33,009	↑ +$1,009
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$37,900	↓ -$1,800
Cat C	Goods Vehicles & Buses	$23,704	↓ -$798
Cat D	Motorcycles	$3,789	↓ -$132
Cat E	Open (All Vehicle Types)	$38,889	↓ -$2,000

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1030	1386	1013	1.35×
Cat B	1013	1265	1003	1.25×
Cat C	318	402	315	1.26×
Cat D	693	908	678	1.31×
Cat E	384	518	377	1.35×

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

What Stood Out

• Biggest mover: Cat E, −4.9%. Overall, 1 of 5 categories rose and 4 fell.
• Most contested: Cat E, with 1.35 bids for every COE available.

Category by Category

Cat A (small cars) rose $1,009 (+3.2%) to $33,009. A year earlier, in Dec 2018 Ex 1, it was $23,568, so the premium is 40.1% 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) fell $1,800 (−4.5%) to $37,900. That is its 3rd fall in a row. A year earlier, in Dec 2018 Ex 1, it was $31,001, so the premium is 22.3% higher year on year. That puts it mid-way through its 12-month range of $31,001 to $48,010.

Cat E (open category) fell $2,000 (−4.9%) to $38,889. A year earlier, in Dec 2018 Ex 1, it was $30,851, so the premium is 26.1% higher year on year. That puts it in the lower part of its 12-month range of $30,851 to $52,502.

Cat C (goods vehicles) fell $798 (−3.3%) to $23,704. 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 Dec 2018 Ex 1, it was $27,009, so the premium is 12.2% lower year on year.

Cat D (motorcycles) fell $132 (−3.4%) to $3,789. A year earlier, in Dec 2018 Ex 1, it was $3,399, so the premium is 11.5% higher year on year. That puts it mid-way through its 12-month range of $2,889 to $4,400.

Bidding Competition

Cat E drew 1.35 bids per COE, well below its 12-month average of 1.59.

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

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Browse results: ← Nov 2019 Ex 2 · Dec 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.