COE Results — Jun 2023 Ex 1

COE Prices — Jun 2023 Ex 1

Bidding Date: Wednesday, 7 June 2023

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$98,001	↑ +$6,001
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$120,702	↑ +$7,668
Cat C	Goods Vehicles & Buses	$81,801	↑ +$4,300
Cat D	Motorcycles	$11,001	↑ +$399
Cat E	Open (All Vehicle Types)	$120,889	↓ -$4,111

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	581	881	571	1.52×
Cat B	454	719	437	1.58×
Cat C	68	151	60	2.22×
Cat D	555	972	519	1.75×
Cat E	124	280	118	2.26×

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

What Stood Out

• Biggest mover: Cat B, +6.8%. Overall, 4 of 5 categories rose and 1 fell.
• Most contested: Cat E, with 2.26 bids for every COE available.

Category by Category

Cat A (small cars) climbed $6,001 (+6.5%) to $98,001. A year earlier, in Jun 2022 Ex 1, it was $73,801, so the premium is 32.8% higher year on year. That puts it in the upper part of its 12-month range of $74,989 to $103,721.

Cat B (large cars) climbed $7,668 (+6.8%) to $120,702. A year earlier, in Jun 2022 Ex 1, it was $100,684, so the premium is 19.9% higher year on year. That puts it at the top of its 12-month range of $95,856 to $120,889.

Cat E (open category) fell $4,111 (−3.3%) to $120,889. A year earlier, in Jun 2022 Ex 1, it was $100,697, so the premium is 20.1% higher year on year. That puts it in the upper part of its 12-month range of $104,400 to $125,000.

Cat C (goods vehicles) climbed $4,300 (+5.5%) to $81,801. That is its 3rd rise in a row. A year earlier, in Jun 2022 Ex 1, it was $53,002, so the premium is 54.3% higher year on year. That puts it in the upper part of its 12-month range of $53,011 to $91,101.

Cat D (motorcycles) rose $399 (+3.8%) to $11,001. A year earlier, in Jun 2022 Ex 1, it was $10,000, so the premium is 10.0% higher year on year. That puts it in the upper part of its 12-month range of $5,002 to $13,189.

Bidding Competition

Cat E drew 2.26 bids per COE, well above its 12-month average of 1.80. Some COEs went unallocated: Cat C (8 of 68), Cat D (36 of 555). 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: ← May 2023 Ex 2 · Jun 2023 Ex 2 →

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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.