COE Results — Jun 2024 Ex 2
Cat A
$90,889
Small cars
Cat B
$102,334
Large cars
Cat C
$69,900
Goods vehicles
Cat D
$9,002
Motorcycles
Cat E
$100,000
Open category
COE Prices — Jun 2024 Ex 2
Bidding Date: Wednesday, 19 June 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $90,889 | ↑ +$2,689 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $102,334 | ↑ +$1,727 |
| Cat C | Goods Vehicles & Buses | $69,900 | ↓ -$689 |
| Cat D | Motorcycles | $9,002 | ↑ +$13 |
| Cat E | Open (All Vehicle Types) | $100,000 | ↓ -$1,600 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 966 | 1403 | 955 | 1.45× |
| Cat B | 674 | 1046 | 670 | 1.55× |
| Cat C | 214 | 291 | 206 | 1.36× |
| Cat D | 520 | 620 | 519 | 1.19× |
| Cat E | 177 | 301 | 175 | 1.70× |
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 $90,889 this exercise. The Category B COE (larger or more powerful cars) closed at $102,334. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $100,000.
Cat B prices rose by +$1,727 compared to the previous exercise, reflecting stronger demand from buyers of premium vehicles.
The Open category (Cat E) fell by -$1,600, 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: ← Jun 2024 Ex 1 · Jul 2024 Ex 1 →
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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