COE Results — Nov 2022 Ex 2

COE Prices — Nov 2022 Ex 2

Bidding Date: Wednesday, 16 November 2022

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$90,589	↑ +$3,354
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$113,881	↓ -$1,507
Cat C	Goods Vehicles & Buses	$81,802	↑ +$5,500
Cat D	Motorcycles	$12,589	↓ -$600
Cat E	Open (All Vehicle Types)	$114,009	↓ -$2,568

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	459	622	444	1.36×
Cat B	416	568	416	1.37×
Cat C	73	122	73	1.67×
Cat D	445	594	420	1.33×
Cat E	150	242	149	1.61×

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

What Stood Out

• Biggest mover: Cat C, +7.2%. Overall, 2 of 5 categories rose and 3 fell.
• Record: Cat A set a new high for our records (since July 2017).
• Most contested: Cat C, with 1.67 bids for every COE available.

Category by Category

Cat A (small cars) rose $3,354 (+3.8%) to $90,589. That is its 3rd rise in a row. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Nov 2021 Ex 2, it was $55,001, so the premium is 64.7% higher year on year.

Cat B (large cars) fell $1,507 (−1.3%) to $113,881. A year earlier, in Nov 2021 Ex 2, it was $79,601, so the premium is 43.1% higher year on year. That puts it at the top of its 12-month range of $77,700 to $115,388.

Cat E (open category) fell $2,568 (−2.2%) to $114,009. A year earlier, in Nov 2021 Ex 2, it was $86,001, so the premium is 32.6% higher year on year. That puts it at the top of its 12-month range of $82,501 to $116,577.

Cat C (goods vehicles) climbed $5,500 (+7.2%) to $81,802. That is its 3rd rise in a row. It is the highest Cat C premium in our records, which begin in July 2017. A year earlier, in Nov 2021 Ex 2, it was $43,502, so the premium is 88.0% higher year on year.

Cat D (motorcycles) fell $600 (−4.5%) to $12,589. A year earlier, in Nov 2021 Ex 2, it was $9,381, so the premium is 34.2% higher year on year. That puts it in the upper part of its 12-month range of $9,381 to $13,189.

Bidding Competition

Some COEs went unallocated: Cat D (25 of 445). 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.

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Browse results: ← Nov 2022 Ex 1 · Dec 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.