COE Bidding Results

COE Results — Sep 2022 Ex 1

COEresultsSeptember 2022Singapore COECertificate of Entitlement

Cat A

$86,000

Small cars

Cat B

$113,000

Large cars

Cat C

$64,989

Goods vehicles

Cat D

$11,301

Motorcycles

Cat E

$113,299

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COE Prices — Sep 2022 Ex 1

Bidding Date: Wednesday, 7 September 2022

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$86,000↓ -$1,889
Cat BCars > 1,600cc or 130bhp (or 110kW)$113,000↑ +$999
Cat CGoods Vehicles & Buses$64,989↑ +$5,899
Cat DMotorcycles$11,301↑ +$200
Cat EOpen (All Vehicle Types)$113,299↑ +$1,298

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A5567235351.30×
Cat B4706274661.33×
Cat C85179842.11×
Cat D5155885141.14×
Cat E1652601501.58×

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

What Stood Out

  • Biggest mover: Cat C, +10.0%. Overall, 4 of 5 categories rose and 1 fell.
  • Record: Cat B set a new high for our records (since July 2017).
  • Most contested: Cat C, with 2.11 bids for every COE available.

Category by Category

Cat A (small cars) fell $1,889 (−2.1%) to $86,000. A year earlier, in Sep 2021 Ex 1, it was $47,000, so the premium is 83.0% higher year on year. That puts it at the top of its 12-month range of $47,001 to $87,889.

Cat B (large cars) inched up $999 (+0.9%) to $113,000. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Sep 2021 Ex 1, it was $62,600, so the premium is 80.5% higher year on year.

Cat E (open category) rose $1,298 (+1.2%) to $113,299. A year earlier, in Sep 2021 Ex 1, it was $64,700, so the premium is 75.1% higher year on year. That puts it at the top of its 12-month range of $70,002 to $114,001.

Cat C (goods vehicles) climbed $5,899 (+10.0%) to $64,989. That is its 8th rise in a row. It is the highest Cat C premium in our records, which begin in July 2017. A year earlier, in Sep 2021 Ex 1, it was $40,001, so the premium is 62.5% higher year on year.

Cat D (motorcycles) rose $200 (+1.8%) to $11,301. That is its 8th rise in a row. It is the highest Cat D premium since Mar 2022 Ex 1 ($11,400). A year earlier, in Sep 2021 Ex 1, it was $9,689, so the premium is 16.6% higher year on year.

Bidding Competition

Some COEs went unallocated: Cat E (15 of 165). 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 2 · Sep 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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