COE Results — Jul 2022 Ex 1

COE Prices — Jul 2022 Ex 1

Bidding Date: Wednesday, 6 July 2022

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$78,001	↑ +$3,012
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$107,800	↑ +$1,799
Cat C	Goods Vehicles & Buses	$54,001	↑ +$990
Cat D	Motorcycles	$10,889	↑ +$587
Cat E	Open (All Vehicle Types)	$110,524	↑ +$6,124

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	617	900	606	1.46×
Cat B	527	695	522	1.32×
Cat C	102	160	91	1.57×
Cat D	582	768	513	1.32×
Cat E	195	340	191	1.74×

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

What Stood Out

• Biggest mover: Cat E, +5.9%. 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 E, with 1.74 bids for every COE available.

Category by Category

Cat A (small cars) rose $3,012 (+4.0%) to $78,001. That is its 3rd rise in a row. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Jul 2021 Ex 1, it was $45,001, so the premium is 73.3% higher year on year.

Cat B (large cars) rose $1,799 (+1.7%) to $107,800. That is its 5th rise in a row. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Jul 2021 Ex 1, it was $56,100, so the premium is 92.2% higher year on year.

Cat E (open category) climbed $6,124 (+5.9%) to $110,524. That is its 4th rise in a row. It is the highest Cat E premium in our records, which begin in July 2017. A year earlier, in Jul 2021 Ex 1, it was $57,700, so the premium is 91.5% higher year on year.

Cat C (goods vehicles) rose $990 (+1.9%) to $54,001. That is its 4th rise in a row. A year earlier, in Jul 2021 Ex 1, it was $38,900, so the premium is 38.8% higher year on year. That puts it at the top of its 12-month range of $38,890 to $54,901.

Cat D (motorcycles) climbed $587 (+5.7%) to $10,889. That is its 4th rise in a row. It is the highest Cat D premium since Mar 2022 Ex 1 ($11,400). A year earlier, in Jul 2021 Ex 1, it was $8,502, so the premium is 28.1% higher year on year.

Bidding Competition

Some COEs went unallocated: Cat C (11 of 102), Cat D (69 of 582). Unallocated COEs are added to the next exercise’s quota.

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

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Browse results: ← Jun 2022 Ex 2 · Jul 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.