COE Bidding Results

COE Results — Jan 2021 Ex 2

COEresultsJanuary 2021Singapore COECertificate of Entitlement

Cat A

$43,501

Small cars

Cat B

$50,100

Large cars

Cat C

$40,999

Goods vehicles

Cat D

$7,589

Motorcycles

Cat E

$51,900

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COE Prices — Jan 2021 Ex 2

Bidding Date: Wednesday, 20 January 2021

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$43,501↑ +$2,892
Cat BCars > 1,600cc or 130bhp (or 110kW)$50,100↑ +$1,099
Cat CGoods Vehicles & Buses$40,999↑ +$5,099
Cat DMotorcycles$7,589↑ +$88
Cat EOpen (All Vehicle Types)$51,900↑ +$2,411

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A96613099461.36×
Cat B1018133810181.31×
Cat C3816713781.76×
Cat D5487065351.29×
Cat E4667054581.51×

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

What Stood Out

  • Biggest mover: Cat C, +14.2%. Overall, every category rose.
  • Cat A is at its highest since Nov 2017 Ex 2.
  • Cat B is at its highest since Dec 2017 Ex 1.
  • Cat E is at its highest since May 2019 Ex 1.
  • Most contested: Cat C, with 1.76 bids for every COE available.

Category by Category

Cat A (small cars) climbed $2,892 (+7.1%) to $43,501. It is the highest Cat A premium since Nov 2017 Ex 2 ($46,791). A year earlier, in Jan 2020 Ex 2, it was $35,010, so the premium is 24.3% higher year on year.

Cat B (large cars) rose $1,099 (+2.2%) to $50,100. It is the highest Cat B premium since Dec 2017 Ex 1 ($53,711). A year earlier, in Jan 2020 Ex 2, it was $37,705, so the premium is 32.9% higher year on year.

Cat E (open category) rose $2,411 (+4.9%) to $51,900. It is the highest Cat E premium since May 2019 Ex 1 ($52,502). A year earlier, in Jan 2020 Ex 2, it was $37,500, so the premium is 38.4% higher year on year.

Cat C (goods vehicles) jumped $5,099 (+14.2%) to $40,999. That is its 4th rise in a row. It is the highest Cat C premium since Dec 2017 Ex 2 ($45,112). A year earlier, in Jan 2020 Ex 2, it was $25,001, so the premium is 64.0% higher year on year.

Cat D (motorcycles) rose $88 (+1.2%) to $7,589. A year earlier, in Jan 2020 Ex 2, it was $4,610, so the premium is 64.6% higher year on year. That puts it at the top of its 12-month range of $4,309 to $7,702.

Bidding Competition

Cat A drew 1.36 bids per COE, well below its 12-month average of 1.60. Cat B drew 1.31 bids per COE, well below its 12-month average of 1.64.

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


Browse results: ← Jan 2021 Ex 1 · Feb 2021 Ex 1 →

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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.

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