COE Results — Jul 2023 Ex 1

COE Prices — Jul 2023 Ex 1

Bidding Date: Wednesday, 5 July 2023

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$97,000	↑ +$794
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$118,002	↓ -$2,998
Cat C	Goods Vehicles & Buses	$82,223	↓ -$917
Cat D	Motorcycles	$10,090	↓ -$619
Cat E	Open (All Vehicle Types)	$121,000	↓ -$2,000

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	588	756	587	1.29×
Cat B	471	594	470	1.26×
Cat C	77	147	69	1.91×
Cat D	579	846	550	1.46×
Cat E	130	217	119	1.67×

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

What Stood Out

• Biggest mover: Cat D, −5.8%. Overall, 1 of 5 categories rose and 4 fell.
• Most contested: Cat C, with 1.91 bids for every COE available.

Category by Category

Cat A (small cars) inched up $794 (+0.8%) to $97,000. A year earlier, in Jul 2022 Ex 1, it was $78,001, so the premium is 24.4% higher year on year. That puts it in the upper part of its 12-month range of $78,001 to $103,721.

Cat B (large cars) fell $2,998 (−2.5%) to $118,002. A year earlier, in Jul 2022 Ex 1, it was $107,800, so the premium is 9.5% higher year on year. That puts it in the upper part of its 12-month range of $95,856 to $121,000.

Cat E (open category) fell $2,000 (−1.6%) to $121,000. A year earlier, in Jul 2022 Ex 1, it was $110,524, so the premium is 9.5% higher year on year. That puts it in the upper part of its 12-month range of $105,001 to $125,000.

Cat C (goods vehicles) fell $917 (−1.1%) to $82,223. A year earlier, in Jul 2022 Ex 1, it was $54,001, so the premium is 52.3% higher year on year. That puts it in the upper part of its 12-month range of $54,001 to $91,101.

Cat D (motorcycles) dropped $619 (−5.8%) to $10,090. A year earlier, in Jul 2022 Ex 1, it was $10,889, so the premium is 7.3% lower year on year. That puts it in the upper part of its 12-month range of $5,002 to $13,189.

Bidding Competition

Some COEs went unallocated: Cat C (8 of 77), Cat D (29 of 579), Cat E (11 of 130). 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: ← Jun 2023 Ex 2 · Jul 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.