COE Bidding Results

COE Results — Aug 2022 Ex 2

COEresultsAugust 2022Singapore COECertificate of Entitlement

Cat A

$87,889

Small cars

Cat B

$112,001

Large cars

Cat C

$59,090

Goods vehicles

Cat D

$11,101

Motorcycles

Cat E

$112,001

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COE Prices — Aug 2022 Ex 2

Bidding Date: Wednesday, 17 August 2022

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$87,889↑ +$7,889
Cat BCars > 1,600cc or 130bhp (or 110kW)$112,001↑ +$5,000
Cat CGoods Vehicles & Buses$59,090↑ +$3,001
Cat DMotorcycles$11,101↑ +$101
Cat EOpen (All Vehicle Types)$112,001↓ -$999

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A5518355511.52×
Cat B4716654701.41×
Cat C87196872.25×
Cat D5106735021.32×
Cat E1632731511.67×

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

What Stood Out

  • Biggest mover: Cat A, +9.9%. Overall, 4 of 5 categories rose and 1 fell.
  • 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).
  • Most contested: Cat C, with 2.25 bids for every COE available.

Category by Category

Cat A (small cars) climbed $7,889 (+9.9%) to $87,889. That is its 6th 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 2, it was $46,689, so the premium is 88.2% higher year on year.

Cat B (large cars) rose $5,000 (+4.7%) to $112,001. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Aug 2021 Ex 2, it was $61,001, so the premium is 83.6% higher year on year.

Cat E (open category) dipped $999 (−0.9%) to $112,001. A year earlier, in Aug 2021 Ex 2, it was $64,901, so the premium is 72.6% higher year on year. That puts it at the top of its 12-month range of $64,700 to $114,001.

Cat C (goods vehicles) climbed $3,001 (+5.4%) to $59,090. That is its 7th rise in a row. It is the highest Cat C premium in our records, which begin in July 2017. A year earlier, in Aug 2021 Ex 2, it was $40,010, so the premium is 47.7% higher year on year.

Cat D (motorcycles) inched up $101 (+0.9%) to $11,101. That is its 7th 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 2, it was $9,500, so the premium is 16.9% higher year on year.

Bidding Competition

Some COEs went unallocated: Cat E (12 of 163). 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.


Browse results: ← Aug 2022 Ex 1 · Sep 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.

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