COE Results — Nov 2021 Ex 1

COE Prices — Nov 2021 Ex 1

Bidding Date: Wednesday, 3 November 2021

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$53,709	↑ +$1,000
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$82,801	↑ +$2,591
Cat C	Goods Vehicles & Buses	$42,001	↑ +$1,500
Cat D	Motorcycles	$9,381	↑ +$71
Cat E	Open (All Vehicle Types)	$88,000	↑ +$3,000

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	536	834	531	1.56×
Cat B	587	839	581	1.43×
Cat C	92	173	89	1.88×
Cat D	417	543	409	1.30×
Cat E	159	257	155	1.62×

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

What Stood Out

• Biggest mover: Cat C, +3.7%. Overall, every category rose.
• Record: Cat A set a new high for our records (since July 2017).
• 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 C, with 1.88 bids for every COE available.
• Supply: the total quota shrank −24.5% to 1,791 COEs.

Category by Category

Cat A (small cars) rose $1,000 (+1.9%) to $53,709. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Nov 2020 Ex 1, it was $35,990, so the premium is 49.2% higher year on year.

Cat B (large cars) rose $2,591 (+3.2%) to $82,801. That is its 6th rise in a row. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Nov 2020 Ex 1, it was $39,000, so the premium is 112.3% higher year on year.

Cat E (open category) rose $3,000 (+3.5%) to $88,000. That is its 4th rise in a row. It is the highest Cat E premium in our records, which begin in July 2017. A year earlier, in Nov 2020 Ex 1, it was $39,500, so the premium is 122.8% higher year on year.

Cat C (goods vehicles) rose $1,500 (+3.7%) to $42,001. A year earlier, in Nov 2020 Ex 1, it was $31,502, so the premium is 33.3% higher year on year. That puts it in the upper part of its 12-month range of $30,334 to $45,001.

Cat D (motorcycles) inched up $71 (+0.8%) to $9,381. A year earlier, in Nov 2020 Ex 1, it was $7,251, so the premium is 29.4% higher year on year. That puts it in the upper part of its 12-month range of $7,251 to $9,689.

Bidding Competition

The Cat A quota fell −33.9% to 536 from the previous exercise. The Cat B quota fell −24.2% to 587 from the previous exercise.

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

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Browse results: ← Oct 2021 Ex 2 · Nov 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.