COE Results — Oct 2022 Ex 1
Cat A
$80,501
Small cars
Cat B
$95,856
Large cars
Cat C
$65,991
Goods vehicles
Cat D
$11,751
Motorcycles
Cat E
$105,001
Open category
COE Prices — Oct 2022 Ex 1
Bidding Date: Wednesday, 5 October 2022
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $80,501 | ↓ -$3,499 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $95,856 | ↓ -$12,195 |
| Cat C | Goods Vehicles & Buses | $65,991 | ↓ -$1,010 |
| Cat D | Motorcycles | $11,751 | ↑ +$162 |
| Cat E | Open (All Vehicle Types) | $105,001 | ↓ -$2,200 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 564 | 724 | 561 | 1.28× |
| Cat B | 474 | 635 | 472 | 1.34× |
| Cat C | 84 | 148 | 83 | 1.76× |
| Cat D | 505 | 624 | 504 | 1.24× |
| Cat E | 179 | 232 | 179 | 1.30× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Do These Results Mean?
The Category A COE (cars ≤ 1,600cc and 130bhp) closed at $80,501 this exercise. The Category B COE (larger or more powerful cars) closed at $95,856. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $105,001.
Cat B prices fell by -$12,195 compared to the previous exercise, offering some relief to buyers of larger cars.
The Open category (Cat E) fell by -$2,200, serving as a benchmark for overall COE market sentiment.
About Singapore COE Bidding
Singapore’s Certificate of Entitlement (COE) system manages vehicle population through a Uniform Price Sealed-Bid Auction held twice monthly.
How it works:
- LTA sets the quota for each of the five categories
- Buyers submit sealed bids over a 10-day exercise window
- Bids are ranked highest to lowest; all successful bidders pay the lowest winning bid (the Quota Premium, QP)
- A COE is valid for 10 years and can be renewed for another 5 or 10 years
The five COE categories:
- Cat A — Cars with engine ≤ 1,600cc and ≤ 130bhp
- Cat B — Cars with engine > 1,600cc or > 130bhp
- Cat C — Goods vehicles and buses
- Cat D — Motorcycles
- Cat E — Open category (any vehicle, no restrictions)
Browse results: ← Sep 2022 Ex 2 · Oct 2022 Ex 2 →
Results sourced from LTA/Singapore government data via the COE Price Tracker data pipeline. This is an informational service. We are not affiliated with LTA, Singapore government, or any car dealer.
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