COE Results — Sep 2023 Ex 2
Cat A
$105,000
Small cars
Cat B
$140,889
Large cars
Cat C
$83,801
Goods vehicles
Cat D
$10,700
Motorcycles
Cat E
$144,640
Open category
Get each COE result on your phone the moment it's out, with price alerts per category. Free, no ads.
COE Prices — Sep 2023 Ex 2
Bidding Date: Wednesday, 20 September 2023
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $105,000 | ↑ +$4,000 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $140,889 | ↑ +$6,000 |
| Cat C | Goods Vehicles & Buses | $83,801 | ↑ +$912 |
| Cat D | Motorcycles | $10,700 | ↓ -$201 |
| Cat E | Open (All Vehicle Types) | $144,640 | ↑ +$7,640 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 651 | 864 | 635 | 1.33× |
| Cat B | 496 | 735 | 494 | 1.48× |
| Cat C | 114 | 153 | 114 | 1.34× |
| Cat D | 502 | 639 | 494 | 1.27× |
| Cat E | 153 | 282 | 144 | 1.84× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat E, +5.6%. Overall, 4 of 5 categories rose and 1 fell.
- Record: Cat A set a new high for our records (since July 2017).
- 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 1.84 bids for every COE available.
Category by Category
Cat A (small cars) rose $4,000 (+4.0%) to $105,000. That is its 4th rise in a row. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Sep 2022 Ex 2, it was $84,000, so the premium is 25.0% higher year on year.
Cat B (large cars) rose $6,000 (+4.4%) to $140,889. That is its 4th 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 2, it was $108,051, so the premium is 30.4% higher year on year.
Cat E (open category) climbed $7,640 (+5.6%) to $144,640. That is its 5th 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 2, it was $107,201, so the premium is 34.9% higher year on year.
Cat C (goods vehicles) rose $912 (+1.1%) to $83,801. That is its 4th rise in a row. It is the highest Cat C premium since Mar 2023 Ex 2 ($85,389). A year earlier, in Sep 2022 Ex 2, it was $67,001, so the premium is 25.1% higher year on year.
Cat D (motorcycles) fell $201 (−1.8%) to $10,700. That is its 3rd fall in a row. A year earlier, in Sep 2022 Ex 2, it was $11,589, so the premium is 7.7% lower year on year. That puts it in the upper part of its 12-month range of $5,002 to $13,189.
Bidding Competition
Some COEs went unallocated: Cat E (9 of 153). 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: ← Sep 2023 Ex 1 · Oct 2023 Ex 1 →
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.
Track Every COE Result Automatically
Get notified the moment new COE results drop. Save your car to see its estimated paper value and get warned before the PARF rebate steps down — plus trend charts, price alerts, and road tax and rebate calculators. All free, no ads.