COE Results — May 2022 Ex 1
Cat A
$70,901
Small cars
Cat B
$92,090
Large cars
Cat C
$50,890
Goods vehicles
Cat D
$9,489
Motorcycles
Cat E
$91,112
Open category
COE Prices — May 2022 Ex 1
Bidding Date: Wednesday, 4 May 2022
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $70,901 | ↑ +$2,202 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $92,090 | ↑ +$2,088 |
| Cat C | Goods Vehicles & Buses | $50,890 | ↓ -$1,112 |
| Cat D | Motorcycles | $9,489 | ↓ -$312 |
| Cat E | Open (All Vehicle Types) | $91,112 | ↓ -$4,689 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 612 | 804 | 612 | 1.31× |
| Cat B | 527 | 699 | 526 | 1.33× |
| Cat C | 104 | 184 | 100 | 1.77× |
| Cat D | 563 | 773 | 560 | 1.37× |
| Cat E | 195 | 283 | 195 | 1.45× |
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 $70,901 this exercise. The Category B COE (larger or more powerful cars) closed at $92,090. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $91,112.
Cat B prices rose by +$2,088 compared to the previous exercise, reflecting stronger demand from buyers of premium vehicles.
The Open category (Cat E) fell by -$4,689, 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: ← Apr 2022 Ex 2 · May 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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