COE Results — Mar 2020 Ex 1

COE Prices — Mar 2020 Ex 1

Bidding Date: Wednesday, 4 March 2020

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$32,699	↓ -$300
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$32,801	↓ -$88
Cat C	Goods Vehicles & Buses	$24,202	↓ -$799
Cat D	Motorcycles	$4,310	↑ +$1
Cat E	Open (All Vehicle Types)	$32,500	↓ -$801

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	978	1436	973	1.47×
Cat B	987	1347	987	1.36×
Cat C	315	504	315	1.60×
Cat D	593	785	587	1.32×
Cat E	333	512	331	1.54×

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

What Stood Out

• Biggest mover: Cat C, −3.2%. Overall, 0 of 5 categories rose and 4 fell.
• Cat E is at its lowest since Dec 2018 Ex 2.
• Narrow gap: Cat B is only $102 above Cat A.
• Unusual: the Open category ($32,500) closed below Cat B ($32,801). Cat E can be used for any vehicle, so it normally sits at or above Cat B.
• Most contested: Cat C, with 1.60 bids for every COE available.

Category by Category

Cat A (small cars) dipped $300 (−0.9%) to $32,699. A year earlier, in Mar 2019 Ex 1, it was $26,309, so the premium is 24.3% higher year on year. That puts it in the upper part of its 12-month range of $26,309 to $36,704.

Cat B (large cars) dipped $88 (−0.3%) to $32,801. A year earlier, in Mar 2019 Ex 1, it was $36,961, so the premium is 11.3% lower year on year. That puts it in the lower part of its 12-month range of $30,890 to $48,010.

Cat E (open category) fell $801 (−2.4%) to $32,500. That is its 4th fall in a row. It is the lowest Cat E premium since Dec 2018 Ex 2 ($31,809). A year earlier, in Mar 2019 Ex 1, it was $37,620, so the premium is 13.6% lower year on year.

Cat C (goods vehicles) fell $799 (−3.2%) to $24,202. A year earlier, in Mar 2019 Ex 1, it was $27,010, so the premium is 10.4% lower year on year. That puts it in the lower part of its 12-month range of $23,200 to $32,001.

Cat D (motorcycles) was unchanged at $4,310. A year earlier, in Mar 2019 Ex 1, it was $3,602, so the premium is 19.7% higher year on year. That puts it in the upper part of its 12-month range of $3,000 to $4,610.

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: ← Feb 2020 Ex 2 · Mar 2020 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.