COE Results — Aug 2022 Ex 1
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
Open category
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COE Prices — Aug 2022 Ex 1
Bidding Date: Wednesday, 3 August 2022
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $80,000 | ↑ +$1,101 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $107,001 | ↓ -$3,002 |
| Cat C | Goods Vehicles & Buses | $56,089 | ↑ +$1,200 |
| Cat D | Motorcycles | $11,000 | ↑ +$90 |
| Cat E | Open (All Vehicle Types) | $113,000 | ↓ -$1,001 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 554 | 689 | 541 | 1.24× |
| Cat B | 474 | 612 | 474 | 1.29× |
| Cat C | 95 | 168 | 93 | 1.77× |
| Cat D | 573 | 696 | 562 | 1.21× |
| Cat E | 167 | 293 | 165 | 1.75× |
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 →
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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