COE Results — Apr 2024 Ex 1
Cat A
$89,000
Small cars
Cat B
$101,334
Large cars
Cat C
$67,501
Goods vehicles
Cat D
$10,000
Motorcycles
Cat E
$101,002
Open category
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COE Prices — Apr 2024 Ex 1
Bidding Date: Wednesday, 3 April 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $89,000 | ↑ +$3,511 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $101,334 | ↑ +$5,323 |
| Cat C | Goods Vehicles & Buses | $67,501 | ↓ -$2,611 |
| Cat D | Motorcycles | $10,000 | ↑ +$311 |
| Cat E | Open (All Vehicle Types) | $101,002 | ↑ +$5,146 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 975 | 1922 | 970 | 1.97× |
| Cat B | 653 | 1208 | 645 | 1.85× |
| Cat C | 197 | 365 | 196 | 1.85× |
| Cat D | 520 | 610 | 510 | 1.17× |
| Cat E | 164 | 333 | 161 | 2.03× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat B, +5.5%. Overall, 4 of 5 categories rose and 1 fell.
- Unusual: the Open category ($101,002) closed below Cat B ($101,334). Cat E can be used for any vehicle, so it normally sits at or above Cat B.
- Most contested: Cat E, with 2.03 bids for every COE available.
Category by Category
Cat A (small cars) rose $3,511 (+4.1%) to $89,000. That is its 3rd rise in a row. It is the highest Cat A premium since Nov 2023 Ex 1 ($95,689). A year earlier, in Apr 2023 Ex 1, it was $96,501, so the premium is 7.8% lower year on year.
Cat B (large cars) climbed $5,323 (+5.5%) to $101,334. A year earlier, in Apr 2023 Ex 1, it was $118,501, so the premium is 14.5% lower year on year. That puts it in the lower part of its 12-month range of $85,010 to $150,001.
Cat E (open category) climbed $5,146 (+5.4%) to $101,002. That is its 3rd rise in a row. A year earlier, in Apr 2023 Ex 1, it was $118,990, so the premium is 15.1% lower year on year. That puts it in the lower part of its 12-month range of $94,006 to $158,004.
Cat C (goods vehicles) fell $2,611 (−3.7%) to $67,501. It is the lowest Cat C premium since Oct 2022 Ex 1 ($65,991). A year earlier, in Apr 2023 Ex 1, it was $76,801, so the premium is 12.1% lower year on year.
Cat D (motorcycles) rose $311 (+3.2%) to $10,000. That is its 3rd rise in a row. It is the highest Cat D premium since Nov 2023 Ex 2 ($10,001). A year earlier, in Apr 2023 Ex 1, it was $12,001, so the premium is 16.7% lower year on year.
Bidding Competition
Cat A drew 1.97 bids per COE, well above its 12-month average of 1.50. Cat B drew 1.85 bids per COE, well above its 12-month average of 1.49.
New to COE bidding? Read how COE bidding works and what each COE category covers.
Browse results: ← Mar 2024 Ex 2 · Apr 2024 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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