COE Results — Feb 2022 Ex 2
Cat A
$63,000
Small cars
Cat B
$93,590
Large cars
Cat C
$46,501
Goods vehicles
Cat D
$10,589
Motorcycles
Cat E
$93,102
Open category
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COE Prices — Feb 2022 Ex 2
Bidding Date: Wednesday, 16 February 2022
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $63,000 | ↑ +$2,239 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $93,590 | ↑ +$7,488 |
| Cat C | Goods Vehicles & Buses | $46,501 | ↑ +$2,500 |
| Cat D | Motorcycles | $10,589 | ↑ +$579 |
| Cat E | Open (All Vehicle Types) | $93,102 | ↑ +$6,102 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 536 | 876 | 524 | 1.63× |
| Cat B | 559 | 939 | 554 | 1.68× |
| Cat C | 76 | 194 | 61 | 2.55× |
| Cat D | 420 | 521 | 416 | 1.24× |
| Cat E | 180 | 300 | 180 | 1.67× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat B, +8.7%. 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).
- Unusual: the Open category ($93,102) closed below Cat B ($93,590). Cat E can be used for any vehicle, so it normally sits at or above Cat B.
- Most contested: Cat C, with 2.55 bids for every COE available.
Category by Category
Cat A (small cars) rose $2,239 (+3.7%) to $63,000. That is its 3rd rise in a row. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Feb 2021 Ex 2, it was $41,001, so the premium is 53.7% higher year on year.
Cat B (large cars) climbed $7,488 (+8.7%) to $93,590. That is its 3rd rise in a row. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Feb 2021 Ex 2, it was $46,002, so the premium is 103.4% higher year on year.
Cat E (open category) climbed $6,102 (+7.0%) to $93,102. That is its 3rd rise in a row. It is the highest Cat E premium in our records, which begin in July 2017. A year earlier, in Feb 2021 Ex 2, it was $47,506, so the premium is 96.0% higher year on year.
Cat C (goods vehicles) climbed $2,500 (+5.7%) to $46,501. That is its 3rd rise in a row. It is the highest Cat C premium since Nov 2017 Ex 2 ($57,701). A year earlier, in Feb 2021 Ex 2, it was $40,890, so the premium is 13.7% higher year on year.
Cat D (motorcycles) climbed $579 (+5.8%) to $10,589. That is its 6th 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 2, it was $7,500, so the premium is 41.2% higher year on year.
Bidding Competition
Cat A drew 1.63 bids per COE, well above its 12-month average of 1.41. Cat B drew 1.68 bids per COE, well above its 12-month average of 1.40. Some COEs went unallocated: Cat C (15 of 76). 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: ← Feb 2022 Ex 1 · Mar 2022 Ex 1 →
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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