COE Bidding Results

COE Results — Oct 2020 Ex 2

COEresultsOctober 2020Singapore COECertificate of Entitlement

Cat A

$37,334

Small cars

Cat B

$40,990

Large cars

Cat C

$33,778

Goods vehicles

Cat D

$7,300

Motorcycles

Cat E

$39,889

Open category

COE Prices — Oct 2020 Ex 2

Bidding Date: Wednesday, 21 October 2020

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$37,334↑ +$800
Cat BCars > 1,600cc or 130bhp (or 110kW)$40,990↑ +$300
Cat CGoods Vehicles & Buses$33,778↑ +$689
Cat DMotorcycles$7,300↓ -$151
Cat EOpen (All Vehicle Types)$39,889↓ -$412

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A91613239071.44×
Cat B79312727931.60×
Cat C3165383151.70×
Cat D4235604101.32×
Cat E4306723731.56×

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 $37,334 this exercise. The Category B COE (larger or more powerful cars) closed at $40,990. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $39,889.

Cat B prices rose by +$300 compared to the previous exercise, reflecting stronger demand from buyers of premium vehicles.

The Open category (Cat E) fell by -$412, 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: ← Oct 2020 Ex 1 · Nov 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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