COE Results — May 2022 Ex 2

COE Prices — May 2022 Ex 2

Bidding Date: Wednesday, 18 May 2022

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$68,001	↓ -$2,900
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$95,889	↑ +$3,799
Cat C	Goods Vehicles & Buses	$51,501	↑ +$611
Cat D	Motorcycles	$9,490	↑ +$1
Cat E	Open (All Vehicle Types)	$95,901	↑ +$4,789

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	625	819	623	1.31×
Cat B	528	709	523	1.34×
Cat C	103	220	103	2.14×
Cat D	609	899	600	1.48×
Cat E	191	309	187	1.62×

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

What Stood Out

• Biggest mover: Cat E, +5.3%. Overall, 3 of 5 categories rose and 1 fell.
• Most contested: Cat C, with 2.14 bids for every COE available.

Category by Category

Cat A (small cars) fell $2,900 (−4.1%) to $68,001. A year earlier, in May 2021 Ex 2, it was $41,801, so the premium is 62.7% higher year on year. That puts it in the upper part of its 12-month range of $41,801 to $72,996.

Cat B (large cars) rose $3,799 (+4.1%) to $95,889. A year earlier, in May 2021 Ex 2, it was $58,089, so the premium is 65.1% higher year on year. That puts it at the top of its 12-month range of $56,001 to $98,889.

Cat E (open category) climbed $4,789 (+5.3%) to $95,901. A year earlier, in May 2021 Ex 2, it was $62,000, so the premium is 54.7% higher year on year. That puts it at the top of its 12-month range of $57,700 to $99,999.

Cat C (goods vehicles) rose $611 (+1.2%) to $51,501. A year earlier, in May 2021 Ex 2, it was $41,701, so the premium is 23.5% higher year on year. That puts it in the upper part of its 12-month range of $37,000 to $54,901.

Cat D (motorcycles) was unchanged at $9,490. A year earlier, in May 2021 Ex 2, it was $8,701, so the premium is 9.1% higher year on year. That puts it in the lower part of its 12-month range of $8,501 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: ← May 2022 Ex 1 · Jun 2022 Ex 1 →

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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.