COE Bidding Results

COE Results — Feb 2021 Ex 2

COEresultsFebruary 2021Singapore COECertificate of Entitlement

Cat A

$41,001

Small cars

Cat B

$46,002

Large cars

Cat C

$40,890

Goods vehicles

Cat D

$7,500

Motorcycles

Cat E

$47,506

Open category

COE Prices — Feb 2021 Ex 2

Bidding Date: Wednesday, 17 February 2021

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$41,001↓ -$999
Cat BCars > 1,600cc or 130bhp (or 110kW)$46,002↓ -$788
Cat CGoods Vehicles & Buses$40,890↓ -$4,111
Cat DMotorcycles$7,500↓ -$6
Cat EOpen (All Vehicle Types)$47,506↓ -$2,272

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A90312269001.36×
Cat B94211689381.24×
Cat C2594242231.64×
Cat D5547155541.29×
Cat E3045033021.65×

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 $41,001 this exercise. The Category B COE (larger or more powerful cars) closed at $46,002. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $47,506.

Cat B prices fell by -$788 compared to the previous exercise, offering some relief to buyers of larger cars.

The Open category (Cat E) fell by -$2,272, 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: ← Feb 2021 Ex 1 · Mar 2021 Ex 1 →

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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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