COE Bidding Results

COE Results — Apr 2022 Ex 2

COEresultsApril 2022Singapore COECertificate of Entitlement

Cat A

$68,699

Small cars

Cat B

$90,002

Large cars

Cat C

$52,002

Goods vehicles

Cat D

$9,801

Motorcycles

Cat E

$95,801

Open category

COE Prices — Apr 2022 Ex 2

Bidding Date: Wednesday, 20 April 2022

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$68,699↓ -$4,297
Cat BCars > 1,600cc or 130bhp (or 110kW)$90,002↓ -$8,387
Cat CGoods Vehicles & Buses$52,002↓ -$2,899
Cat DMotorcycles$9,801↓ -$702
Cat EOpen (All Vehicle Types)$95,801↓ -$4,198

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A5327445191.40×
Cat B5606875591.23×
Cat C76181762.38×
Cat D4045393551.33×
Cat E1842951821.60×

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 $68,699 this exercise. The Category B COE (larger or more powerful cars) closed at $90,002. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $95,801.

Cat B prices fell by -$8,387 compared to the previous exercise, offering some relief to buyers of larger cars.

The Open category (Cat E) fell by -$4,198, 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: ← Apr 2022 Ex 1 · May 2022 Ex 1 →

← All COE Results


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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