COE Results 2022: Every Bidding Exercise and PQP
COE Results 2022

COE results 2022

Premiums for Cat A to E from every LTA bidding exercise in 2022, and the PQP (the renewal price) for each month.

24 exercisesCat A average $75,809Cat B average $100,946

There were 24 COE bidding exercises in 2022. Cat A ranged from $57,599 (Jan 2022, 1st bidding) to $90,589 (Nov 2022, 2nd bidding), and averaged $75,809. Cat B ranged from $77,700 (Jan 2022, 1st bidding) to $115,388 (Nov 2022, 1st bidding), and averaged $100,946. The Cat A average was 60% higher than in 2021 ($47,425).

2022 Bidding Exercises

Every result in 2022

ExerciseCat ACat BCat CCat DCat E
Jan 2022, 1st bidding$57,599$77,700$42,200$9,689$82,501
Jan 2022, 2nd bidding$57,898$82,001$43,001$10,000$83,911
Feb 2022, 1st bidding$60,761$86,102$44,001$10,010$87,000
Feb 2022, 2nd bidding$63,000$93,590$46,501$10,589$93,102
Mar 2022, 1st bidding$68,501$94,889$48,889$11,400$98,890
Mar 2022, 2nd bidding$71,556$98,889$51,504$10,501$99,010
Apr 2022, 1st bidding$72,996$98,389$54,901$10,503$99,999
Apr 2022, 2nd bidding$68,699$90,002$52,002$9,801$95,801
May 2022, 1st bidding$70,901$92,090$50,890$9,489$91,112
May 2022, 2nd bidding$68,001$95,889$51,501$9,490$95,901
Jun 2022, 1st bidding$73,801$100,684$53,002$10,000$100,697
Jun 2022, 2nd bidding$74,989$106,001$53,011$10,302$104,400
Jul 2022, 1st bidding$78,001$107,800$54,001$10,889$110,524
Jul 2022, 2nd bidding$78,899$110,003$54,889$10,910$114,001
Aug 2022, 1st bidding$80,000$107,001$56,089$11,000$113,000
Aug 2022, 2nd bidding$87,889$112,001$59,090$11,101$112,001
Sep 2022, 1st bidding$86,000$113,000$64,989$11,301$113,299
Sep 2022, 2nd bidding$84,000$108,051$67,001$11,589$107,201
Oct 2022, 1st bidding$80,501$95,856$65,991$11,751$105,001
Oct 2022, 2nd bidding$81,089$110,000$70,201$12,801$108,003
Nov 2022, 1st bidding$87,235$115,388$76,302$13,189$116,577
Nov 2022, 2nd bidding$90,589$113,881$81,802$12,589$114,009
Dec 2022, 1st bidding$88,503$105,501$81,501$12,100$110,524
Dec 2022, 2nd bidding$88,007$108,006$78,200$11,690$109,600

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

Renewal Price

PQP by month, 2022

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 2022$84,903$109,363$71,048$12,204
Nov 2022$83,247$107,652$63,894$11,591
Oct 2022$82,465$109,643$59,344$11,132
Sep 2022$78,930$107,249$55,014$10,701
Aug 2022$74,099$102,078$52,883$10,180
Jul 2022$71,565$97,176$52,552$9,931
Jun 2022$70,109$95,025$51,615$10,198
May 2022$67,586$93,644$49,633$10,468
Apr 2022$63,220$88,862$46,016$10,365
Mar 2022$59,179$83,464$44,118$9,882
Feb 2022$56,670$80,583$43,284$9,576
Jan 2022$54,039$79,034$42,316$9,355

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

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