COE Results — Sep 2020 Ex 1

COE Prices — Sep 2020 Ex 1

Bidding Date: Wednesday, 2 September 2020

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$37,766	↑ +$2,056
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$41,510	↑ +$2,708
Cat C	Goods Vehicles & Buses	$26,644	↑ +$1,638
Cat D	Motorcycles	$7,399	↓ -$33
Cat E	Open (All Vehicle Types)	$40,790	↑ +$2,680

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1035	1737	1035	1.68×
Cat B	904	1715	892	1.90×
Cat C	354	525	350	1.48×
Cat D	496	691	488	1.39×
Cat E	470	672	470	1.43×

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

What Stood Out

• Biggest mover: Cat E, +7.0%. Overall, 4 of 5 categories rose and 1 fell.
• Cat A is at its highest since May 2018 Ex 2.
• Unusual: the Open category ($40,790) closed below Cat B ($41,510). Cat E can be used for any vehicle, so it normally sits at or above Cat B.
• Most contested: Cat B, with 1.90 bids for every COE available.

Category by Category

Cat A (small cars) climbed $2,056 (+5.8%) to $37,766. That is its 3rd rise in a row. It is the highest Cat A premium since May 2018 Ex 2 ($38,001). A year earlier, in Sep 2019 Ex 1, it was $31,783, so the premium is 18.8% higher year on year.

Cat B (large cars) climbed $2,708 (+7.0%) to $41,510. That is its 3rd rise in a row. It is the highest Cat B premium since Oct 2019 Ex 2 ($41,805). A year earlier, in Sep 2019 Ex 1, it was $36,001, so the premium is 15.3% higher year on year.

Cat E (open category) climbed $2,680 (+7.0%) to $40,790. That is its 5th rise in a row. It is the highest Cat E premium since Nov 2019 Ex 2 ($40,889). A year earlier, in Sep 2019 Ex 1, it was $37,912, so the premium is 7.6% higher year on year.

Cat C (goods vehicles) climbed $1,638 (+6.6%) to $26,644. That is its 3rd rise in a row. It is the highest Cat C premium since Aug 2019 Ex 1 ($27,800). A year earlier, in Sep 2019 Ex 1, it was $25,502, so the premium is 4.5% higher year on year.

Cat D (motorcycles) dipped $33 (−0.4%) to $7,399. A year earlier, in Sep 2019 Ex 1, it was $4,089, so the premium is 80.9% higher year on year. That puts it at the top of its 12-month range of $3,601 to $7,702.

Bidding Competition

Cat B drew 1.90 bids per COE, well above its 12-month average of 1.48.

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

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Browse results: ← Aug 2020 Ex 2 · Sep 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.