COE Results — Sep 2021 Ex 1

COE Prices — Sep 2021 Ex 1

Bidding Date: Wednesday, 1 September 2021

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$47,000	↑ +$311
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$62,600	↑ +$1,599
Cat C	Goods Vehicles & Buses	$40,001	↓ -$9
Cat D	Motorcycles	$9,689	↑ +$189
Cat E	Open (All Vehicle Types)	$64,700	↓ -$201

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	804	1124	790	1.40×
Cat B	791	1080	788	1.37×
Cat C	122	211	113	1.73×
Cat D	445	562	445	1.26×
Cat E	206	319	190	1.55×

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

What Stood Out

• Biggest mover: Cat B, +2.6%. Overall, 3 of 5 categories rose and 1 fell.
• Record: Cat B set a new high for our records (since July 2017).
• Most contested: Cat C, with 1.73 bids for every COE available.

Category by Category

Cat A (small cars) inched up $311 (+0.7%) to $47,000. A year earlier, in Sep 2020 Ex 1, it was $37,766, so the premium is 24.5% higher year on year. That puts it in the upper part of its 12-month range of $35,990 to $49,640.

Cat B (large cars) rose $1,599 (+2.6%) to $62,600. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Sep 2020 Ex 1, it was $41,510, so the premium is 50.8% higher year on year.

Cat E (open category) dipped $201 (−0.3%) to $64,700. A year earlier, in Sep 2020 Ex 1, it was $40,790, so the premium is 58.6% higher year on year. That puts it at the top of its 12-month range of $39,500 to $64,901.

Cat C (goods vehicles) was unchanged at $40,001. A year earlier, in Sep 2020 Ex 1, it was $26,644, so the premium is 50.1% higher year on year. That puts it in the upper part of its 12-month range of $26,644 to $45,001.

Cat D (motorcycles) rose $189 (+2.0%) to $9,689. That is its 5th rise in a row. It is the highest Cat D premium in our records, which begin in July 2017. A year earlier, in Sep 2020 Ex 1, it was $7,399, so the premium is 31.0% higher year on year.

Bidding Competition

Some COEs went unallocated: Cat C (9 of 122), Cat E (16 of 206). 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.

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Browse results: ← Aug 2021 Ex 2 · Sep 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.