COE Bidding Results

COE Results — Aug 2022 Ex 1

COEresultsAugust 2022Singapore COECertificate of Entitlement

Cat A

$80,000

Small cars

Cat B

$107,001

Large cars

Cat C

$56,089

Goods vehicles

Cat D

$11,000

Motorcycles

Cat E

$113,000

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COE Prices — Aug 2022 Ex 1

Bidding Date: Wednesday, 3 August 2022

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$80,000↑ +$1,101
Cat BCars > 1,600cc or 130bhp (or 110kW)$107,001↓ -$3,002
Cat CGoods Vehicles & Buses$56,089↑ +$1,200
Cat DMotorcycles$11,000↑ +$90
Cat EOpen (All Vehicle Types)$113,000↓ -$1,001

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A5546895411.24×
Cat B4746124741.29×
Cat C95168931.77×
Cat D5736965621.21×
Cat E1672931651.75×

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

What Stood Out

  • Biggest mover: Cat B, −2.7%. Overall, 3 of 5 categories rose and 2 fell.
  • Record: Cat A set a new high for our records (since July 2017).
  • Most contested: Cat C, with 1.77 bids for every COE available.
  • Supply: the total quota shrank −7.4% to 1,863 COEs.

Category by Category

Cat A (small cars) rose $1,101 (+1.4%) to $80,000. That is its 5th rise in a row. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Aug 2021 Ex 1, it was $45,189, so the premium is 77.0% higher year on year.

Cat B (large cars) fell $3,002 (−2.7%) to $107,001. A year earlier, in Aug 2021 Ex 1, it was $56,001, so the premium is 91.1% higher year on year. That puts it at the top of its 12-month range of $56,001 to $110,003.

Cat E (open category) dipped $1,001 (−0.9%) to $113,000. A year earlier, in Aug 2021 Ex 1, it was $59,599, so the premium is 89.6% higher year on year. That puts it at the top of its 12-month range of $59,599 to $114,001.

Cat C (goods vehicles) rose $1,200 (+2.2%) to $56,089. That is its 6th rise in a row. It is the highest Cat C premium since Nov 2017 Ex 2 ($57,701). A year earlier, in Aug 2021 Ex 1, it was $42,589, so the premium is 31.7% higher year on year.

Cat D (motorcycles) inched up $90 (+0.8%) to $11,000. That is its 6th rise in a row. It is the highest Cat D premium since Mar 2022 Ex 1 ($11,400). A year earlier, in Aug 2021 Ex 1, it was $8,899, so the premium is 23.6% higher year on year.

Bidding Competition

The Cat A quota fell −11.8% to 554 from the previous exercise. The Cat B quota fell −10.1% to 474 from the previous exercise.

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


Browse results: ← Jul 2022 Ex 2 · Aug 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.

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