COE Results — Jan 2022 Ex 1

COE Prices — Jan 2022 Ex 1

Bidding Date: Wednesday, 5 January 2022

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$57,599	↓ -$1,202
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$77,700	↓ -$3,289
Cat C	Goods Vehicles & Buses	$42,200	↓ -$1,800
Cat D	Motorcycles	$9,689	↑ +$88
Cat E	Open (All Vehicle Types)	$82,501	↓ -$1,388

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	543	760	533	1.40×
Cat B	587	712	586	1.21×
Cat C	90	198	87	2.20×
Cat D	431	573	429	1.33×
Cat E	149	193	149	1.30×

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

What Stood Out

• Biggest mover: Cat C, −4.1%. Overall, 1 of 5 categories rose and 4 fell.
• Most contested: Cat C, with 2.20 bids for every COE available.

Category by Category

Cat A (small cars) fell $1,202 (−2.0%) to $57,599. A year earlier, in Jan 2021 Ex 1, it was $40,609, so the premium is 41.8% higher year on year. That puts it at the top of its 12-month range of $40,609 to $58,801.

Cat B (large cars) fell $3,289 (−4.1%) to $77,700. A year earlier, in Jan 2021 Ex 1, it was $49,001, so the premium is 58.6% higher year on year. That puts it in the upper part of its 12-month range of $45,001 to $82,801.

Cat E (open category) fell $1,388 (−1.7%) to $82,501. That is its 4th fall in a row. A year earlier, in Jan 2021 Ex 1, it was $49,489, so the premium is 66.7% higher year on year. That puts it in the upper part of its 12-month range of $47,001 to $88,000.

Cat C (goods vehicles) fell $1,800 (−4.1%) to $42,200. A year earlier, in Jan 2021 Ex 1, it was $35,900, so the premium is 17.5% higher year on year. That puts it in the upper part of its 12-month range of $35,900 to $45,001.

Cat D (motorcycles) inched up $88 (+0.9%) to $9,689. That is its 3rd rise in a row. It is the highest Cat D premium since Sep 2021 Ex 1 ($9,689). A year earlier, in Jan 2021 Ex 1, it was $7,501, so the premium is 29.2% higher year on year.

Bidding Competition

Cat E drew 1.30 bids per COE, well below its 12-month average of 1.66.

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

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Browse results: ← Dec 2021 Ex 2 · Jan 2022 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.