COE Results — Jun 2022 Ex 1

COE Prices — Jun 2022 Ex 1

Bidding Date: Wednesday, 1 June 2022

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$73,801	↑ +$5,800
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$100,684	↑ +$4,795
Cat C	Goods Vehicles & Buses	$53,002	↑ +$1,501
Cat D	Motorcycles	$10,000	↑ +$510
Cat E	Open (All Vehicle Types)	$100,697	↑ +$4,796

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	612	874	607	1.43×
Cat B	528	851	528	1.61×
Cat C	107	203	107	1.90×
Cat D	563	859	542	1.53×
Cat E	190	316	185	1.66×

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

What Stood Out

• Biggest mover: Cat A, +8.5%. Overall, every category rose.
• Record: Cat A set a new high for our records (since July 2017).
• Record: Cat B 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 1.90 bids for every COE available.

Category by Category

Cat A (small cars) climbed $5,800 (+8.5%) to $73,801. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Jun 2021 Ex 1, it was $48,510, so the premium is 52.1% higher year on year.

Cat B (large cars) climbed $4,795 (+5.0%) to $100,684. That is its 3rd rise in a row. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Jun 2021 Ex 1, it was $60,109, so the premium is 67.5% higher year on year.

Cat E (open category) climbed $4,796 (+5.0%) to $100,697. It is the highest Cat E premium in our records, which begin in July 2017. A year earlier, in Jun 2021 Ex 1, it was $61,112, so the premium is 64.8% higher year on year.

Cat C (goods vehicles) rose $1,501 (+2.9%) to $53,002. A year earlier, in Jun 2021 Ex 1, it was $37,002, so the premium is 43.2% 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) climbed $510 (+5.4%) to $10,000. A year earlier, in Jun 2021 Ex 1, it was $8,703, so the premium is 14.9% higher year on year. That puts it mid-way through its 12-month range of $8,501 to $11,400.

Bidding Competition

Cat B drew 1.61 bids per COE, well above its 12-month average of 1.40.

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

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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.