COE Results — Mar 2022 Ex 1
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
Open category
COE Prices — Mar 2022 Ex 1
Bidding Date: Wednesday, 2 March 2022
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $68,501 | ↑ +$5,501 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $94,889 | ↑ +$1,299 |
| Cat C | Goods Vehicles & Buses | $48,889 | ↑ +$2,388 |
| Cat D | Motorcycles | $11,400 | ↑ +$811 |
| Cat E | Open (All Vehicle Types) | $98,890 | ↑ +$5,788 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 531 | 962 | 526 | 1.81× |
| Cat B | 551 | 860 | 551 | 1.56× |
| Cat C | 76 | 199 | 67 | 2.62× |
| Cat D | 405 | 602 | 403 | 1.49× |
| Cat E | 190 | 318 | 190 | 1.67× |
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 $68,501 this exercise. The Category B COE (larger or more powerful cars) closed at $94,889. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $98,890.
Cat B prices rose by +$1,299 compared to the previous exercise, reflecting stronger demand from buyers of premium vehicles.
The Open category (Cat E) rose by +$5,788, 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:
- LTA sets the quota for each of the five categories
- Buyers submit sealed bids over a 10-day exercise window
- Bids are ranked highest to lowest; all successful bidders pay the lowest winning bid (the Quota Premium, QP)
- 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: ← Feb 2022 Ex 2 · Mar 2022 Ex 2 →
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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