COE Results — Apr 2022 Ex 1

COE Prices — Apr 2022 Ex 1

Bidding Date: Wednesday, 6 April 2022

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$72,996	↑ +$1,440
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$98,389	↓ -$500
Cat C	Goods Vehicles & Buses	$54,901	↑ +$3,397
Cat D	Motorcycles	$10,503	↑ +$2
Cat E	Open (All Vehicle Types)	$99,999	↑ +$989

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	536	723	536	1.35×
Cat B	550	708	550	1.29×
Cat C	85	210	84	2.47×
Cat D	407	561	405	1.38×
Cat E	180	290	174	1.61×

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

What Stood Out

• Biggest mover: Cat C, +6.6%. Overall, 3 of 5 categories rose and 1 fell.
• Record: Cat A 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 2.47 bids for every COE available.

Category by Category

Cat A (small cars) rose $1,440 (+2.0%) to $72,996. That is its 6th rise in a row. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Apr 2021 Ex 1, it was $45,600, so the premium is 60.1% higher year on year.

Cat B (large cars) dipped $500 (−0.5%) to $98,389. A year earlier, in Apr 2021 Ex 1, it was $52,309, so the premium is 88.1% higher year on year. That puts it at the top of its 12-month range of $52,309 to $98,889.

Cat E (open category) inched up $989 (+1.0%) to $99,999. That is its 6th rise in a row. It is the highest Cat E premium in our records, which begin in July 2017. A year earlier, in Apr 2021 Ex 1, it was $52,200, so the premium is 91.6% higher year on year.

Cat C (goods vehicles) climbed $3,397 (+6.6%) to $54,901. That is its 6th rise in a row. It is the highest Cat C premium since Nov 2017 Ex 2 ($57,701). A year earlier, in Apr 2021 Ex 1, it was $36,134, so the premium is 51.9% higher year on year.

Cat D (motorcycles) was unchanged at $10,503. A year earlier, in Apr 2021 Ex 1, it was $8,000, so the premium is 31.3% higher year on year. That puts it in the upper part of its 12-month range of $8,000 to $11,400.

Bidding Competition

Bidding competition in every category was close to its usual level for the past year.

New to COE bidding? Read how COE bidding works and what each COE category covers.

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Browse results: ← Mar 2022 Ex 2 · Apr 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.