COE Results — Mar 2021 Ex 2

COE Prices — Mar 2021 Ex 2

Bidding Date: Wednesday, 17 March 2021

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$44,589	↑ +$2,593
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$47,001	↑ +$2,000
Cat C	Goods Vehicles & Buses	$39,589	↑ +$2,076
Cat D	Motorcycles	$7,791	↑ +$39
Cat E	Open (All Vehicle Types)	$47,806	↑ +$805

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	886	1186	879	1.34×
Cat B	946	1222	932	1.29×
Cat C	292	507	286	1.74×
Cat D	542	700	538	1.29×
Cat E	298	430	291	1.44×

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

What Stood Out

• Biggest mover: Cat A, +6.2%. Overall, every category rose.
• Cat A is at its highest since Nov 2017 Ex 2.
• Most contested: Cat C, with 1.74 bids for every COE available.

Category by Category

Cat A (small cars) climbed $2,593 (+6.2%) to $44,589. It is the highest Cat A premium since Nov 2017 Ex 2 ($46,791). A year earlier, in Mar 2020 Ex 2, it was $31,210, so the premium is 42.9% higher year on year.

Cat B (large cars) rose $2,000 (+4.4%) to $47,001. A year earlier, in Mar 2020 Ex 2, it was $30,012, so the premium is 56.6% 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) rose $805 (+1.7%) to $47,806. A year earlier, in Mar 2020 Ex 2, it was $32,500, so the premium is 47.1% 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 $2,076 (+5.5%) to $39,589. A year earlier, in Mar 2020 Ex 2, it was $22,002, so the premium is 79.9% 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) inched up $39 (+0.5%) to $7,791. It is the highest Cat D premium since Mar 2018 Ex 1 ($8,009). A year earlier, in Mar 2020 Ex 2, it was $4,489, so the premium is 73.6% higher year on year.

Bidding Competition

Cat B drew 1.29 bids per COE, well below its 12-month average of 1.60.

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

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Browse results: ← Mar 2021 Ex 1 · Apr 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.