COE Bidding Results

COE Results — Dec 2021 Ex 1

COEresultsDecember 2021Singapore COECertificate of Entitlement

Cat A

$57,010

Small cars

Cat B

$80,401

Large cars

Cat C

$45,000

Goods vehicles

Cat D

$9,401

Motorcycles

Cat E

$85,000

Open category

COE Prices — Dec 2021 Ex 1

Bidding Date: Wednesday, 1 December 2021

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$57,010↑ +$2,009
Cat BCars > 1,600cc or 130bhp (or 110kW)$80,401↑ +$800
Cat CGoods Vehicles & Buses$45,000↑ +$1,498
Cat DMotorcycles$9,401↑ +$20
Cat EOpen (All Vehicle Types)$85,000↓ -$1,001

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A5367715251.44×
Cat B5938225931.39×
Cat C93147931.58×
Cat D4205844001.39×
Cat E1492451451.64×

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

What Do These Results Mean?

The Category A COE (cars ≤ 1,600cc and 130bhp) closed at $57,010 this exercise. The Category B COE (larger or more powerful cars) closed at $80,401. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $85,000.

Cat B prices rose by +$800 compared to the previous exercise, reflecting stronger demand from buyers of premium vehicles.

The Open category (Cat E) fell by -$1,001, serving as a benchmark for overall COE market sentiment.

About Singapore COE Bidding

Singapore’s Certificate of Entitlement (COE) system manages vehicle population through a Uniform Price Sealed-Bid Auction held twice monthly.

How it works:

  1. LTA sets the quota for each of the five categories
  2. Buyers submit sealed bids over a 10-day exercise window
  3. Bids are ranked highest to lowest; all successful bidders pay the lowest winning bid (the Quota Premium, QP)
  4. A COE is valid for 10 years and can be renewed for another 5 or 10 years

The five COE categories:

  • Cat A — Cars with engine ≤ 1,600cc and ≤ 130bhp
  • Cat B — Cars with engine > 1,600cc or > 130bhp
  • Cat C — Goods vehicles and buses
  • Cat D — Motorcycles
  • Cat E — Open category (any vehicle, no restrictions)

Browse results: ← Nov 2021 Ex 2 · Dec 2021 Ex 2 →

← All COE Results


Results sourced from LTA/Singapore government data via the COE Price Tracker data pipeline. This is an informational service. We are not affiliated with LTA, Singapore government, or any car dealer.

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