COE Results — Dec 2022 Ex 1

COE Prices — Dec 2022 Ex 1

Bidding Date: Wednesday, 7 December 2022

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$88,503	↓ -$2,086
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$105,501	↓ -$8,380
Cat C	Goods Vehicles & Buses	$81,501	↓ -$301
Cat D	Motorcycles	$12,100	↓ -$489
Cat E	Open (All Vehicle Types)	$110,524	↓ -$3,485

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	458	616	454	1.34×
Cat B	427	568	426	1.33×
Cat C	69	118	68	1.71×
Cat D	441	544	437	1.23×
Cat E	149	266	148	1.79×

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

What Stood Out

• Biggest mover: Cat B, −7.4%. Overall, every category fell.
• Most contested: Cat E, with 1.79 bids for every COE available.

Category by Category

Cat A (small cars) fell $2,086 (−2.3%) to $88,503. A year earlier, in Dec 2021 Ex 1, it was $57,010, so the premium is 55.2% higher year on year. That puts it at the top of its 12-month range of $57,599 to $90,589.

Cat B (large cars) dropped $8,380 (−7.4%) to $105,501. A year earlier, in Dec 2021 Ex 1, it was $80,401, so the premium is 31.2% higher year on year. That puts it in the upper part of its 12-month range of $77,700 to $115,388.

Cat E (open category) fell $3,485 (−3.1%) to $110,524. A year earlier, in Dec 2021 Ex 1, it was $85,000, so the premium is 30.0% higher year on year. That puts it in the upper part of its 12-month range of $82,501 to $116,577.

Cat C (goods vehicles) dipped $301 (−0.4%) to $81,501. A year earlier, in Dec 2021 Ex 1, it was $45,000, so the premium is 81.1% higher year on year. That puts it at the top of its 12-month range of $42,200 to $81,802.

Cat D (motorcycles) fell $489 (−3.9%) to $12,100. A year earlier, in Dec 2021 Ex 1, it was $9,401, so the premium is 28.7% higher year on year. That puts it in the upper part of its 12-month range of $9,489 to $13,189.

Bidding Competition

Bidding competition in every category was close to its usual level for the past year.

New to COE bidding? Read how COE bidding works and what each COE category covers.

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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.