COE Results 2021: Every Bidding Exercise and PQP
COE Results 2021

COE results 2021

Premiums for Cat A to E from every LTA bidding exercise in 2021, and the PQP (the renewal price) for each month.

24 exercisesCat A average $47,425Cat B average $61,222

There were 24 COE bidding exercises in 2021. Cat A ranged from $40,609 (Jan 2021, 1st bidding) to $58,801 (Dec 2021, 2nd bidding), and averaged $47,425. Cat B ranged from $45,001 (Mar 2021, 1st bidding) to $82,801 (Nov 2021, 1st bidding), and averaged $61,222. The Cat A average was 34% higher than in 2020 ($35,404).

2021 Bidding Exercises

Every result in 2021

ExerciseCat ACat BCat CCat DCat E
Jan 2021, 1st bidding$40,609$49,001$35,900$7,501$49,489
Jan 2021, 2nd bidding$43,501$50,100$40,999$7,589$51,900
Feb 2021, 1st bidding$42,000$46,790$45,001$7,506$49,778
Feb 2021, 2nd bidding$41,001$46,002$40,890$7,500$47,506
Mar 2021, 1st bidding$41,996$45,001$37,513$7,752$47,001
Mar 2021, 2nd bidding$44,589$47,001$39,589$7,791$47,806
Apr 2021, 1st bidding$45,600$52,309$36,134$8,000$52,200
Apr 2021, 2nd bidding$49,640$61,190$44,001$8,000$62,100
May 2021, 1st bidding$48,002$60,001$43,001$8,011$63,002
May 2021, 2nd bidding$41,801$58,089$41,701$8,701$62,000
Jun 2021, 1st bidding$48,510$60,109$37,002$8,703$61,112
Jun 2021, 2nd bidding$47,821$56,032$37,000$8,501$58,001
Jul 2021, 1st bidding$45,001$56,100$38,900$8,502$57,700
Jul 2021, 2nd bidding$47,010$59,501$39,523$8,689$60,001
Aug 2021, 1st bidding$45,189$56,001$42,589$8,899$59,599
Aug 2021, 2nd bidding$46,689$61,001$40,010$9,500$64,901
Sep 2021, 1st bidding$47,000$62,600$40,001$9,689$64,700
Sep 2021, 2nd bidding$48,000$68,310$39,000$9,089$70,002
Oct 2021, 1st bidding$47,001$70,200$38,890$9,052$72,756
Oct 2021, 2nd bidding$52,709$80,210$40,501$9,310$85,000
Nov 2021, 1st bidding$53,709$82,801$42,001$9,381$88,000
Nov 2021, 2nd bidding$55,001$79,601$43,502$9,381$86,001
Dec 2021, 1st bidding$57,010$80,401$45,000$9,401$85,000
Dec 2021, 2nd bidding$58,801$80,989$44,000$9,601$83,889

On a phone, swipe the table sideways for Cat C and Cat E.

Renewal Price

PQP by month, 2021

The PQP is the average of every premium in the three calendar months before. It is what renewing a COE cost in that month: the full PQP for 10 years, half for 5.

MonthCat ACat BCat CCat D
Dec 2021$50,570$73,954$40,650$9,317
Nov 2021$47,765$66,387$40,166$9,257
Oct 2021$46,482$60,586$40,004$9,062
Sep 2021$46,704$58,124$39,171$8,799
Aug 2021$46,358$58,306$39,522$8,518
Jul 2021$46,896$57,955$39,807$8,320
Jun 2021$45,272$53,932$40,324$8,043
May 2021$44,138$49,716$40,522$7,759
Apr 2021$42,283$47,316$39,982$7,607
Mar 2021$41,397$47,701$38,480$7,576
Feb 2021$39,844$45,586$34,471$7,500
Jan 2021$38,137$42,683$32,799$7,444

Source: LTA COE bidding results via data.gov.sg.

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