COE Results — Jan 2023 Ex 1
Cat A
$80,000
Small cars
Cat B
$102,002
Large cars
Cat C
$77,301
Goods vehicles
Cat D
$10,890
Motorcycles
Cat E
$107,889
Open category
COE Prices — Jan 2023 Ex 1
Bidding Date: Wednesday, 4 January 2023
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $80,000 | ↓ -$8,007 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $102,002 | ↓ -$6,004 |
| Cat C | Goods Vehicles & Buses | $77,301 | ↓ -$899 |
| Cat D | Motorcycles | $10,890 | ↓ -$800 |
| Cat E | Open (All Vehicle Types) | $107,889 | ↓ -$1,711 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 462 | 649 | 459 | 1.40× |
| Cat B | 410 | 487 | 410 | 1.19× |
| Cat C | 70 | 183 | 70 | 2.61× |
| Cat D | 445 | 678 | 432 | 1.52× |
| Cat E | 146 | 285 | 146 | 1.95× |
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 $80,000 this exercise. The Category B COE (larger or more powerful cars) closed at $102,002. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $107,889.
Cat B prices fell by -$6,004 compared to the previous exercise, offering some relief to buyers of larger cars.
The Open category (Cat E) fell by -$1,711, 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: ← Dec 2022 Ex 2 · Jan 2023 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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