COE Bidding Results

COE Results — Mar 2022 Ex 1

COEresultsMarch 2022Singapore COECertificate of Entitlement

Cat A

$68,501

Small cars

Cat B

$94,889

Large cars

Cat C

$48,889

Goods vehicles

Cat D

$11,400

Motorcycles

Cat E

$98,890

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COE Prices — Mar 2022 Ex 1

Bidding Date: Wednesday, 2 March 2022

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$68,501↑ +$5,501
Cat BCars > 1,600cc or 130bhp (or 110kW)$94,889↑ +$1,299
Cat CGoods Vehicles & Buses$48,889↑ +$2,388
Cat DMotorcycles$11,400↑ +$811
Cat EOpen (All Vehicle Types)$98,890↑ +$5,788

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A5319625261.81×
Cat B5518605511.56×
Cat C76199672.62×
Cat D4056024031.49×
Cat E1903181901.67×

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

What Stood Out

  • Biggest mover: Cat A, +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).
  • Most contested: Cat C, with 2.62 bids for every COE available.

Category by Category

Cat A (small cars) climbed $5,501 (+8.7%) to $68,501. That is its 4th rise in a row. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Mar 2021 Ex 1, it was $41,996, so the premium is 63.1% higher year on year.

Cat B (large cars) rose $1,299 (+1.4%) to $94,889. That is its 4th rise in a row. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Mar 2021 Ex 1, it was $45,001, so the premium is 110.9% higher year on year.

Cat E (open category) climbed $5,788 (+6.2%) to $98,890. That is its 4th rise in a row. It is the highest Cat E premium in our records, which begin in July 2017. A year earlier, in Mar 2021 Ex 1, it was $47,001, so the premium is 110.4% higher year on year.

Cat C (goods vehicles) climbed $2,388 (+5.1%) to $48,889. That is its 4th rise in a row. It is the highest Cat C premium since Nov 2017 Ex 2 ($57,701). A year earlier, in Mar 2021 Ex 1, it was $37,513, so the premium is 30.3% higher year on year.

Cat D (motorcycles) climbed $811 (+7.7%) to $11,400. That is its 7th rise in a row. It is the highest Cat D premium in our records, which begin in July 2017. A year earlier, in Mar 2021 Ex 1, it was $7,752, so the premium is 47.1% higher year on year.

Bidding Competition

Cat A drew 1.81 bids per COE, well above its 12-month average of 1.42. Some COEs went unallocated: Cat C (9 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 2 · Mar 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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