COE Results — Feb 2021 Ex 1

COE Prices — Feb 2021 Ex 1

Bidding Date: Wednesday, 3 February 2021

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$42,000	↓ -$1,501
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$46,790	↓ -$3,310
Cat C	Goods Vehicles & Buses	$45,001	↑ +$4,002
Cat D	Motorcycles	$7,506	↓ -$83
Cat E	Open (All Vehicle Types)	$49,778	↓ -$2,122

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	885	1098	881	1.24×
Cat B	943	1107	943	1.17×
Cat C	276	510	276	1.85×
Cat D	572	705	572	1.23×
Cat E	300	435	300	1.45×

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

What Stood Out

• Biggest mover: Cat C, +9.8%. Overall, 1 of 5 categories rose and 4 fell.
• Most contested: Cat C, with 1.85 bids for every COE available.
• Supply: the total quota shrank −11.9% to 2,976 COEs.

Category by Category

Cat A (small cars) fell $1,501 (−3.5%) to $42,000. A year earlier, in Feb 2020 Ex 1, it was $30,010, so the premium is 40.0% higher year on year. That puts it in the upper part of its 12-month range of $30,010 to $43,501.

Cat B (large cars) dropped $3,310 (−6.6%) to $46,790. A year earlier, in Feb 2020 Ex 1, it was $30,890, so the premium is 51.5% higher year on year. That puts it in the upper part of its 12-month range of $30,012 to $50,100.

Cat E (open category) fell $2,122 (−4.1%) to $49,778. A year earlier, in Feb 2020 Ex 1, it was $34,900, so the premium is 42.6% higher year on year. That puts it in the upper part of its 12-month range of $32,500 to $51,900.

Cat C (goods vehicles) climbed $4,002 (+9.8%) to $45,001. That is its 5th rise in a row. It is the highest Cat C premium since Dec 2017 Ex 2 ($45,112). A year earlier, in Feb 2020 Ex 1, it was $25,013, so the premium is 79.9% higher year on year.

Cat D (motorcycles) fell $83 (−1.1%) to $7,506. A year earlier, in Feb 2020 Ex 1, it was $4,401, so the premium is 70.6% 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 1.24 bids per COE, well below its 12-month average of 1.59. Cat B drew 1.17 bids per COE, well below its 12-month average of 1.63.

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

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Browse results: ← Jan 2021 Ex 2 · Feb 2021 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.