COE Bidding Results

COE Results — May 2021 Ex 1

COEresultsMay 2021Singapore COECertificate of Entitlement

Cat A

$48,002

Small cars

Cat B

$60,001

Large cars

Cat C

$43,001

Goods vehicles

Cat D

$8,011

Motorcycles

Cat E

$63,002

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COE Prices — May 2021 Ex 1

Bidding Date: Wednesday, 5 May 2021

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$48,002↓ -$1,638
Cat BCars > 1,600cc or 130bhp (or 110kW)$60,001↓ -$1,189
Cat CGoods Vehicles & Buses$43,001↓ -$1,000
Cat DMotorcycles$8,011↑ +$11
Cat EOpen (All Vehicle Types)$63,002↑ +$902

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A83211008031.32×
Cat B81912448131.52×
Cat C1572611191.66×
Cat D6509016391.39×
Cat E2683872681.44×

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

What Stood Out

  • Biggest mover: Cat A, −3.3%. Overall, 2 of 5 categories rose and 3 fell.
  • Record: Cat E set a new high for our records (since July 2017).
  • Most contested: Cat C, with 1.66 bids for every COE available.
  • Supply: the total quota shrank −7.8% to 2,726 COEs.

Category by Category

Cat A (small cars) fell $1,638 (−3.3%) to $48,002. That puts it at the top of its 12-month range of $32,699 to $49,640.

Cat B (large cars) fell $1,189 (−1.9%) to $60,001. That puts it at the top of its 12-month range of $35,001 to $61,190.

Cat E (open category) rose $902 (+1.5%) to $63,002. That is its 4th rise in a row. It is the highest Cat E premium in our records, which begin in July 2017.

Cat C (goods vehicles) fell $1,000 (−2.3%) to $43,001. That puts it at the top of its 12-month range of $23,888 to $45,001.

Cat D (motorcycles) inched up $11 (+0.1%) to $8,011. It is the highest Cat D premium since Feb 2018 Ex 1 ($8,451).

Bidding Competition

Some COEs went unallocated: Cat C (38 of 157). Unallocated COEs are added to the next exercise’s quota. The Cat B quota fell −14.3% to 819 from the previous exercise.

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


Browse results: ← Apr 2021 Ex 2 · May 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.

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