COE Results — Jul 2023 Ex 2

COE Prices — Jul 2023 Ex 2

Bidding Date: Wednesday, 19 July 2023

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$95,202	↓ -$1,798
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$118,001	↓ -$1
Cat C	Goods Vehicles & Buses	$82,001	↓ -$222
Cat D	Motorcycles	$10,501	↑ +$411
Cat E	Open (All Vehicle Types)	$122,110	↑ +$1,110

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	581	728	576	1.25×
Cat B	462	602	453	1.30×
Cat C	69	133	69	1.93×
Cat D	551	840	550	1.52×
Cat E	129	243	128	1.88×

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

What Stood Out

• Biggest mover: Cat D, +4.1%. Overall, 2 of 5 categories rose and 2 fell.
• Most contested: Cat C, with 1.93 bids for every COE available.

Category by Category

Cat A (small cars) fell $1,798 (−1.9%) to $95,202. A year earlier, in Jul 2022 Ex 2, it was $78,899, so the premium is 20.7% higher year on year. That puts it in the upper part of its 12-month range of $78,899 to $103,721.

Cat B (large cars) was unchanged at $118,001. A year earlier, in Jul 2022 Ex 2, it was $110,003, so the premium is 7.3% 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) inched up $1,110 (+0.9%) to $122,110. A year earlier, in Jul 2022 Ex 2, it was $114,001, so the premium is 7.1% 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) dipped $222 (−0.3%) to $82,001. A year earlier, in Jul 2022 Ex 2, it was $54,889, so the premium is 49.4% higher year on year. That puts it in the upper part of its 12-month range of $54,889 to $91,101.

Cat D (motorcycles) rose $411 (+4.1%) to $10,501. A year earlier, in Jul 2022 Ex 2, it was $10,910, so the premium is 3.7% lower year on year. That puts it in the upper part of its 12-month range of $5,002 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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Browse results: ← Jul 2023 Ex 1 · Aug 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.