COE Results — Feb 2021 Ex 2

COE Prices — Feb 2021 Ex 2

Bidding Date: Wednesday, 17 February 2021

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$41,001	↓ -$999
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$46,002	↓ -$788
Cat C	Goods Vehicles & Buses	$40,890	↓ -$4,111
Cat D	Motorcycles	$7,500	↓ -$6
Cat E	Open (All Vehicle Types)	$47,506	↓ -$2,272

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	903	1226	900	1.36×
Cat B	942	1168	938	1.24×
Cat C	259	424	223	1.64×
Cat D	554	715	554	1.29×
Cat E	304	503	302	1.65×

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

What Stood Out

• Biggest mover: Cat C, −9.1%. Overall, every category fell.
• Most contested: Cat E, with 1.65 bids for every COE available.

Category by Category

Cat A (small cars) fell $999 (−2.4%) to $41,001. A year earlier, in Feb 2020 Ex 2, it was $32,999, so the premium is 24.2% higher year on year. That puts it in the upper part of its 12-month range of $31,210 to $43,501.

Cat B (large cars) fell $788 (−1.7%) to $46,002. A year earlier, in Feb 2020 Ex 2, it was $32,889, so the premium is 39.9% 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 $2,272 (−4.6%) to $47,506. A year earlier, in Feb 2020 Ex 2, it was $33,301, so the premium is 42.7% 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) dropped $4,111 (−9.1%) to $40,890. A year earlier, in Feb 2020 Ex 2, it was $25,001, so the premium is 63.6% higher year on year. That puts it in the upper part of its 12-month range of $22,002 to $45,001.

Cat D (motorcycles) dipped $6 (−0.1%) to $7,500. A year earlier, in Feb 2020 Ex 2, it was $4,309, so the premium is 74.1% higher year on year. That puts it at the top of its 12-month range of $4,309 to $7,702.

Bidding Competition

Cat B drew 1.24 bids per COE, well below its 12-month average of 1.63. Some COEs went unallocated: Cat C (36 of 259). Unallocated COEs are added to the next exercise’s quota.

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

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Browse results: ← Feb 2021 Ex 1 · Mar 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.