COE Results — Jun 2024 Ex 1

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 Stood Out

• Biggest mover: Cat A, −4.9%. Overall, every category fell.
• Most contested: Cat E, with 1.74 bids for every COE available.

Category by Category

Cat A (small cars) fell $4,500 (−4.9%) to $88,200. That is its 3rd fall in a row. A year earlier, in Jun 2023 Ex 1, it was $98,001, so the premium is 10.0% lower year on year. That puts it mid-way through its 12-month range of $65,010 to $106,000.

Cat B (large cars) fell $5,082 (−4.8%) to $100,607. A year earlier, in Jun 2023 Ex 1, it was $120,702, so the premium is 16.6% 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) fell $3,402 (−3.2%) to $101,600. A year earlier, in Jun 2023 Ex 1, it was $120,889, so the premium is 16.0% 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 $1,412 (−2.0%) to $70,589. A year earlier, in Jun 2023 Ex 1, it was $81,801, so the premium is 13.7% lower year on year. That puts it in the lower part of its 12-month range of $67,501 to $85,900.

Cat D (motorcycles) fell $322 (−3.5%) to $8,989. That is its 4th fall in a row. It is the lowest Cat D premium since Feb 2024 Ex 2 ($8,911). A year earlier, in Jun 2023 Ex 1, it was $11,001, so the premium is 18.3% lower year on year.

Bidding Competition

Bidding competition in every category was close to its usual level for the past year.

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

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Browse results: ← May 2024 Ex 2 · Jun 2024 Ex 2 →

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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.