COE Results — Sep 2023 Ex 1
Cat A
$101,000
Small cars
Cat B
$134,889
Large cars
Cat C
$82,889
Goods vehicles
Cat D
$10,901
Motorcycles
Cat E
$137,000
Open category
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COE Prices — Sep 2023 Ex 1
Bidding Date: Wednesday, 6 September 2023
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $101,000 | ↑ +$1,000 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $134,889 | ↑ +$4,999 |
| Cat C | Goods Vehicles & Buses | $82,889 | ↑ +$88 |
| Cat D | Motorcycles | $10,901 | ↓ -$501 |
| Cat E | Open (All Vehicle Types) | $137,000 | ↑ +$6,000 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 645 | 840 | 640 | 1.30× |
| Cat B | 470 | 723 | 466 | 1.54× |
| Cat C | 115 | 182 | 115 | 1.58× |
| Cat D | 573 | 758 | 569 | 1.32× |
| Cat E | 130 | 219 | 120 | 1.68× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat E, +4.6%. Overall, 4 of 5 categories rose and 1 fell.
- Record: Cat B set a new high for our records (since July 2017).
- Record: Cat E set a new high for our records (since July 2017).
- Most contested: Cat E, with 1.68 bids for every COE available.
Category by Category
Cat A (small cars) rose $1,000 (+1.0%) to $101,000. That is its 3rd rise in a row. It is the highest Cat A premium since May 2023 Ex 1 ($101,001). A year earlier, in Sep 2022 Ex 1, it was $86,000, so the premium is 17.4% higher year on year.
Cat B (large cars) rose $4,999 (+3.8%) to $134,889. That is its 3rd rise in a row. It is the highest Cat B premium in our records, which begin in July 2017. A year earlier, in Sep 2022 Ex 1, it was $113,000, so the premium is 19.4% higher year on year.
Cat E (open category) rose $6,000 (+4.6%) to $137,000. That is its 4th rise in a row. It is the highest Cat E premium in our records, which begin in July 2017. A year earlier, in Sep 2022 Ex 1, it was $113,299, so the premium is 20.9% higher year on year.
Cat C (goods vehicles) inched up $88 (+0.1%) to $82,889. That is its 3rd rise in a row. A year earlier, in Sep 2022 Ex 1, it was $64,989, so the premium is 27.5% higher year on year. That puts it in the upper part of its 12-month range of $64,989 to $91,101.
Cat D (motorcycles) fell $501 (−4.4%) to $10,901. A year earlier, in Sep 2022 Ex 1, it was $11,301, so the premium is 3.5% 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 E (10 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.
Browse results: ← Aug 2023 Ex 2 · Sep 2023 Ex 2 →
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.
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