COE Results — Mar 2021 Ex 1

COE Prices — Mar 2021 Ex 1

Bidding Date: Wednesday, 3 March 2021

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$41,996	↑ +$995
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$45,001	↓ -$1,001
Cat C	Goods Vehicles & Buses	$37,513	↓ -$3,377
Cat D	Motorcycles	$7,752	↑ +$252
Cat E	Open (All Vehicle Types)	$47,001	↓ -$505

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	887	1175	887	1.32×
Cat B	942	1121	926	1.19×
Cat C	255	480	248	1.88×
Cat D	542	707	524	1.30×
Cat E	296	450	296	1.52×

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

What Stood Out

• Biggest mover: Cat C, −8.3%. Overall, 2 of 5 categories rose and 3 fell.
• Most contested: Cat C, with 1.88 bids for every COE available.

Category by Category

Cat A (small cars) rose $995 (+2.4%) to $41,996. A year earlier, in Mar 2020 Ex 1, it was $32,699, so the premium is 28.4% 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 $1,001 (−2.2%) to $45,001. That is its 3rd fall in a row. It is the lowest Cat B premium since Nov 2020 Ex 2 ($41,101). A year earlier, in Mar 2020 Ex 1, it was $32,801, so the premium is 37.2% higher year on year.

Cat E (open category) fell $505 (−1.1%) to $47,001. That is its 3rd fall in a row. A year earlier, in Mar 2020 Ex 1, it was $32,500, so the premium is 44.6% 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) dropped $3,377 (−8.3%) to $37,513. A year earlier, in Mar 2020 Ex 1, it was $24,202, so the premium is 55.0% 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) rose $252 (+3.4%) to $7,752. It is the highest Cat D premium since Mar 2018 Ex 1 ($8,009). A year earlier, in Mar 2020 Ex 1, it was $4,310, so the premium is 79.9% higher year on year.

Bidding Competition

Cat A drew 1.32 bids per COE, well below its 12-month average of 1.57. Cat B drew 1.19 bids per COE, well below its 12-month average of 1.61.

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

---

Browse results: ← Feb 2021 Ex 2 · Mar 2021 Ex 2 →

← All COE Results

---

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.