COE Results — Jan 2026 Ex 2

COE Prices — Jan 2026 Ex 2

Bidding Date: Wednesday, 21 January 2026

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$109,501	↑ +$7,492
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$121,634	↑ +$2,534
Cat C	Goods Vehicles & Buses	$75,202	↓ -$301
Cat D	Motorcycles	$8,860	↑ +$171
Cat E	Open (All Vehicle Types)	$120,891	↓ -$1,109

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1301	2303	1277	1.77×
Cat B	803	1207	800	1.50×
Cat C	283	434	280	1.53×
Cat D	538	609	523	1.13×
Cat E	299	426	299	1.42×

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

What Stood Out

• Biggest mover: Cat A, +7.3%. Overall, 3 of 5 categories rose and 2 fell.
• Unusual: the Open category ($120,891) closed below Cat B ($121,634). Cat E can be used for any vehicle, so it normally sits at or above Cat B.
• Most contested: Cat A, with 1.77 bids for every COE available.

Category by Category

Cat A (small cars) climbed $7,492 (+7.3%) to $109,501. A year earlier, in Jan 2025 Ex 2, it was $93,601, so the premium is 17.0% higher year on year. That puts it mid-way through its 12-month range of $85,000 to $128,105.

Cat B (large cars) rose $2,534 (+2.1%) to $121,634. A year earlier, in Jan 2025 Ex 2, it was $116,625, so the premium is 4.3% higher year on year. That puts it in the lower part of its 12-month range of $109,598 to $141,000.

Cat E (open category) dipped $1,109 (−0.9%) to $120,891. A year earlier, in Jan 2025 Ex 2, it was $115,112, so the premium is 5.0% higher year on year. That puts it in the lower part of its 12-month range of $110,000 to $140,502.

Cat C (goods vehicles) dipped $301 (−0.4%) to $75,202. It is the lowest Cat C premium since Oct 2025 Ex 1 ($74,301). A year earlier, in Jan 2025 Ex 2, it was $65,476, so the premium is 14.9% higher year on year.

Cat D (motorcycles) rose $171 (+2.0%) to $8,860. A year earlier, in Jan 2025 Ex 2, it was $7,721, so the premium is 14.8% higher year on year. That puts it mid-way through its 12-month range of $8,081 to $9,889.

Bidding Competition

Cat E drew 1.42 bids per COE, well below its 12-month average of 1.86.

New to COE bidding? Read how COE bidding works and what each COE category covers.

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Browse results: ← Jan 2026 Ex 1 · Feb 2026 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.