COE Results — Sep 2021 Ex 2

COE Prices — Sep 2021 Ex 2

Bidding Date: Wednesday, 15 September 2021

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$48,000	↑ +$1,000
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$68,310	↑ +$5,710
Cat C	Goods Vehicles & Buses	$39,000	↓ -$1,001
Cat D	Motorcycles	$9,089	↓ -$600
Cat E	Open (All Vehicle Types)	$70,002	↑ +$5,302

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	803	1040	795	1.30×
Cat B	772	1189	768	1.54×
Cat C	120	203	110	1.69×
Cat D	449	658	443	1.47×
Cat E	198	400	186	2.02×

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

What Stood Out

• Biggest mover: Cat B, +9.1%. Overall, 3 of 5 categories rose and 2 fell.
• Record: Cat B set a new high for our records (since July 2017).
• Record: Cat E set a new high for our records (since July 2017).
• Most contested: Cat E, with 2.02 bids for every COE available.

Category by Category

Cat A (small cars) rose $1,000 (+2.1%) to $48,000. That is its 3rd rise in a row. It is the highest Cat A premium since Jun 2021 Ex 1 ($48,510). A year earlier, in Sep 2020 Ex 2, it was $38,504, so the premium is 24.7% higher year on year.

Cat B (large cars) climbed $5,710 (+9.1%) to $68,310. That is its 3rd rise in a row. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Sep 2020 Ex 2, it was $40,989, so the premium is 66.7% higher year on year.

Cat E (open category) climbed $5,302 (+8.2%) to $70,002. It is the highest Cat E premium in our records, which begin in July 2017. A year earlier, in Sep 2020 Ex 2, it was $41,001, so the premium is 70.7% higher year on year.

Cat C (goods vehicles) fell $1,001 (−2.5%) to $39,000. That is its 3rd fall in a row. A year earlier, in Sep 2020 Ex 2, it was $28,589, so the premium is 36.4% higher year on year. That puts it in the upper part of its 12-month range of $28,589 to $45,001.

Cat D (motorcycles) dropped $600 (−6.2%) to $9,089. A year earlier, in Sep 2020 Ex 2, it was $7,331, so the premium is 24.0% higher year on year. That puts it in the upper part of its 12-month range of $7,251 to $9,689.

Bidding Competition

Cat E drew 2.02 bids per COE, well above its 12-month average of 1.60. Some COEs went unallocated: Cat C (10 of 120), Cat E (12 of 198). 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: ← Sep 2021 Ex 1 · Oct 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.