COE Results — Dec 2022 Ex 2

COE Prices — Dec 2022 Ex 2

Bidding Date: Wednesday, 21 December 2022

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$88,007	↓ -$496
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$108,006	↑ +$2,505
Cat C	Goods Vehicles & Buses	$78,200	↓ -$3,301
Cat D	Motorcycles	$11,690	↓ -$410
Cat E	Open (All Vehicle Types)	$109,600	↓ -$924

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	473	618	472	1.31×
Cat B	409	564	409	1.38×
Cat C	69	147	60	2.13×
Cat D	465	647	461	1.39×
Cat E	146	273	143	1.87×

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

What Stood Out

• Biggest mover: Cat C, −4.1%. Overall, 1 of 5 categories rose and 4 fell.
• Most contested: Cat C, with 2.13 bids for every COE available.

Category by Category

Cat A (small cars) dipped $496 (−0.6%) to $88,007. A year earlier, in Dec 2021 Ex 2, it was $58,801, so the premium is 49.7% 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) rose $2,505 (+2.4%) to $108,006. A year earlier, in Dec 2021 Ex 2, it was $80,989, so the premium is 33.4% 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) dipped $924 (−0.8%) to $109,600. That is its 3rd fall in a row. A year earlier, in Dec 2021 Ex 2, it was $83,889, so the premium is 30.6% 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) fell $3,301 (−4.1%) to $78,200. A year earlier, in Dec 2021 Ex 2, it was $44,000, so the premium is 77.7% 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 $410 (−3.4%) to $11,690. That is its 3rd fall in a row. A year earlier, in Dec 2021 Ex 2, it was $9,601, so the premium is 21.8% higher year on year. That puts it mid-way through its 12-month range of $9,489 to $13,189.

Bidding Competition

Some COEs went unallocated: Cat C (9 of 69). 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: ← Dec 2022 Ex 1 · Jan 2023 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.