COE Bidding Results

COE Results — Dec 2019 Ex 2

COEresultsDecember 2019Singapore COECertificate of Entitlement

Cat A

$32,889

Small cars

Cat B

$36,000

Large cars

Cat C

$23,200

Goods vehicles

Cat D

$3,658

Motorcycles

Cat E

$37,989

Open category

COE Prices — Dec 2019 Ex 2

Bidding Date: Wednesday, 18 December 2019

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$32,889↓ -$120
Cat BCars > 1,600cc or 130bhp (or 110kW)$36,000↓ -$1,900
Cat CGoods Vehicles & Buses$23,200↓ -$504
Cat DMotorcycles$3,658↓ -$131
Cat EOpen (All Vehicle Types)$37,989↓ -$900

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1029125610131.22×
Cat B1015125110151.23×
Cat C3184413071.39×
Cat D6978506961.22×
Cat E3844963731.29×

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

What Do These Results Mean?

The Category A COE (cars ≤ 1,600cc and 130bhp) closed at $32,889 this exercise. The Category B COE (larger or more powerful cars) closed at $36,000. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $37,989.

Cat B prices fell by -$1,900 compared to the previous exercise, offering some relief to buyers of larger cars.

The Open category (Cat E) fell by -$900, serving as a benchmark for overall COE market sentiment.

About Singapore COE Bidding

Singapore’s Certificate of Entitlement (COE) system manages vehicle population through a Uniform Price Sealed-Bid Auction held twice monthly.

How it works:

  1. LTA sets the quota for each of the five categories
  2. Buyers submit sealed bids over a 10-day exercise window
  3. Bids are ranked highest to lowest; all successful bidders pay the lowest winning bid (the Quota Premium, QP)
  4. A COE is valid for 10 years and can be renewed for another 5 or 10 years

The five COE categories:

  • Cat A — Cars with engine ≤ 1,600cc and ≤ 130bhp
  • Cat B — Cars with engine > 1,600cc or > 130bhp
  • Cat C — Goods vehicles and buses
  • Cat D — Motorcycles
  • Cat E — Open category (any vehicle, no restrictions)

Browse results: ← Dec 2019 Ex 1 · Jan 2020 Ex 1 →

← All COE Results


Results sourced from LTA/Singapore government data via the COE Price Tracker data pipeline. This is an informational service. We are not affiliated with LTA, Singapore government, or any car dealer.

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