COE Bidding Results

COE Results — May 2021 Ex 2

COEresultsMay 2021Singapore COECertificate of Entitlement

Cat A

$41,801

Small cars

Cat B

$58,089

Large cars

Cat C

$41,701

Goods vehicles

Cat D

$8,701

Motorcycles

Cat E

$62,000

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COE Prices — May 2021 Ex 2

Bidding Date: Wednesday, 19 May 2021

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$41,801↓ -$6,201
Cat BCars > 1,600cc or 130bhp (or 110kW)$58,089↓ -$1,912
Cat CGoods Vehicles & Buses$41,701↓ -$1,300
Cat DMotorcycles$8,701↑ +$690
Cat EOpen (All Vehicle Types)$62,000↓ -$1,002

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A83512098341.45×
Cat B81710898171.33×
Cat C164315831.92×
Cat D6289046251.44×
Cat E2664002601.50×

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

What Stood Out

  • Biggest mover: Cat A, −12.9%. Overall, 1 of 5 categories rose and 4 fell.
  • Most contested: Cat C, with 1.92 bids for every COE available.

Category by Category

Cat A (small cars) plunged $6,201 (−12.9%) to $41,801. That puts it mid-way through its 12-month range of $32,699 to $49,640.

Cat B (large cars) fell $1,912 (−3.2%) to $58,089. That puts it in the upper part of its 12-month range of $35,001 to $61,190.

Cat E (open category) fell $1,002 (−1.6%) to $62,000. That puts it at the top of its 12-month range of $34,989 to $63,002.

Cat C (goods vehicles) fell $1,300 (−3.0%) to $41,701. That puts it in the upper part of its 12-month range of $23,888 to $45,001.

Cat D (motorcycles) climbed $690 (+8.6%) to $8,701. It is the highest Cat D premium in our records, which begin in July 2017.

Bidding Competition

Cat B drew 1.33 bids per COE, well below its 12-month average of 1.60. Some COEs went unallocated: Cat C (81 of 164). 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.


Browse results: ← May 2021 Ex 1 · Jun 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.

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