COE Bidding Results

COE Results — Feb 2022 Ex 1

COEresultsFebruary 2022Singapore COECertificate of Entitlement

Cat A

$60,761

Small cars

Cat B

$86,102

Large cars

Cat C

$44,001

Goods vehicles

Cat D

$10,010

Motorcycles

Cat E

$87,000

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COE Prices — Feb 2022 Ex 1

Bidding Date: Wednesday, 2 February 2022

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$60,761↑ +$2,863
Cat BCars > 1,600cc or 130bhp (or 110kW)$86,102↑ +$4,101
Cat CGoods Vehicles & Buses$44,001↑ +$1,000
Cat DMotorcycles$10,010↑ +$10
Cat EOpen (All Vehicle Types)$87,000↑ +$3,089

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A5428195421.51×
Cat B5508655491.57×
Cat C80149801.86×
Cat D4065554051.37×
Cat E1802691711.49×

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

What Stood Out

  • Biggest mover: Cat B, +5.0%. 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).
  • Most contested: Cat C, with 1.86 bids for every COE available.

Category by Category

Cat A (small cars) rose $2,863 (+4.9%) to $60,761. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Feb 2021 Ex 1, it was $42,000, so the premium is 44.7% higher year on year.

Cat B (large cars) climbed $4,101 (+5.0%) to $86,102. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Feb 2021 Ex 1, it was $46,790, so the premium is 84.0% higher year on year.

Cat E (open category) rose $3,089 (+3.7%) to $87,000. A year earlier, in Feb 2021 Ex 1, it was $49,778, so the premium is 74.8% higher year on year. That puts it at the top of its 12-month range of $47,001 to $88,000.

Cat C (goods vehicles) rose $1,000 (+2.3%) to $44,001. A year earlier, in Feb 2021 Ex 1, it was $45,001, so the premium is 2.2% lower year on year. That puts it in the upper part of its 12-month range of $36,134 to $45,001.

Cat D (motorcycles) inched up $10 (+0.1%) to $10,010. 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 Feb 2021 Ex 1, it was $7,506, so the premium is 33.4% higher year on year.

Bidding Competition

Some COEs went unallocated: Cat E (9 of 180). 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.


Browse results: ← Jan 2022 Ex 2 · Feb 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.

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