COE Results — Jun 2024 Ex 1
Cat A
$88,200
Small cars
Cat B
$100,607
Large cars
Cat C
$70,589
Goods vehicles
Cat D
$8,989
Motorcycles
Cat E
$101,600
Open category
COE Prices — Jun 2024 Ex 1
Bidding Date: Wednesday, 5 June 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $88,200 | ↓ -$4,500 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $100,607 | ↓ -$5,082 |
| Cat C | Goods Vehicles & Buses | $70,589 | ↓ -$1,412 |
| Cat D | Motorcycles | $8,989 | ↓ -$322 |
| Cat E | Open (All Vehicle Types) | $101,600 | ↓ -$3,402 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 962 | 1467 | 957 | 1.52× |
| Cat B | 685 | 974 | 671 | 1.42× |
| Cat C | 230 | 334 | 222 | 1.45× |
| Cat D | 519 | 628 | 519 | 1.21× |
| Cat E | 183 | 319 | 182 | 1.74× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Do These Results Mean?
The Category A COE (cars ≤ 1,600cc and 130bhp) closed at $88,200 this exercise. The Category B COE (larger or more powerful cars) closed at $100,607. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $101,600.
Cat B prices fell by -$5,082 compared to the previous exercise, offering some relief to buyers of larger cars.
The Open category (Cat E) fell by -$3,402, serving as a benchmark for overall COE market sentiment.
About Singapore COE Bidding
Singapore’s Certificate of Entitlement (COE) system manages vehicle population through a Uniform Price Sealed-Bid Auction held twice monthly.
How it works:
- LTA sets the quota for each of the five categories
- Buyers submit sealed bids over a 10-day exercise window
- Bids are ranked highest to lowest; all successful bidders pay the lowest winning bid (the Quota Premium, QP)
- A COE is valid for 10 years and can be renewed for another 5 or 10 years
The five COE categories:
- Cat A — Cars with engine ≤ 1,600cc and ≤ 130bhp
- Cat B — Cars with engine > 1,600cc or > 130bhp
- Cat C — Goods vehicles and buses
- Cat D — Motorcycles
- Cat E — Open category (any vehicle, no restrictions)
Browse results: ← May 2024 Ex 2 · Jun 2024 Ex 2 →
Results sourced from LTA/Singapore government data via the COE Price Tracker data pipeline. This is an informational service. We are not affiliated with LTA, Singapore government, or any car dealer.
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