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

Open category

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 Do These Results Mean?

The Category A COE (cars ≤ 1,600cc and 130bhp) closed at $60,761 this exercise. The Category B COE (larger or more powerful cars) closed at $86,102. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $87,000.

Cat B prices rose by +$4,101 compared to the previous exercise, reflecting stronger demand from buyers of premium vehicles.

The Open category (Cat E) rose by +$3,089, 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: ← Jan 2022 Ex 2 · Feb 2022 Ex 2 →

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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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