COE Results — Jul 2024 Ex 2
Cat A
$91,899
Small cars
Cat B
$100,000
Large cars
Cat C
$70,601
Goods vehicles
Cat D
$9,089
Motorcycles
Cat E
$100,341
Open category
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COE Prices — Jul 2024 Ex 2
Bidding Date: Wednesday, 17 July 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $91,899 | ↑ +$898 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $100,000 | ↓ -$901 |
| Cat C | Goods Vehicles & Buses | $70,601 | ↑ +$600 |
| Cat D | Motorcycles | $9,089 | ↑ +$189 |
| Cat E | Open (All Vehicle Types) | $100,341 | ↓ -$548 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 973 | 1342 | 972 | 1.38× |
| Cat B | 661 | 891 | 639 | 1.35× |
| Cat C | 214 | 355 | 214 | 1.66× |
| Cat D | 518 | 591 | 512 | 1.14× |
| Cat E | 177 | 300 | 177 | 1.69× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat D, +2.1%. Overall, 3 of 5 categories rose and 2 fell.
- Most contested: Cat E, with 1.69 bids for every COE available.
Category by Category
Cat A (small cars) inched up $898 (+1.0%) to $91,899. That is its 3rd rise in a row. A year earlier, in Jul 2023 Ex 2, it was $95,202, so the premium is 3.5% lower year on year. That puts it in the upper part of its 12-month range of $65,010 to $106,000.
Cat B (large cars) dipped $901 (−0.9%) to $100,000. It is the lowest Cat B premium since Mar 2024 Ex 2 ($96,011). A year earlier, in Jul 2023 Ex 2, it was $118,001, so the premium is 15.3% lower year on year.
Cat E (open category) dipped $548 (−0.5%) to $100,341. A year earlier, in Jul 2023 Ex 2, it was $122,110, so the premium is 17.8% lower year on year. That puts it at the bottom of its 12-month range of $94,006 to $158,004.
Cat C (goods vehicles) inched up $600 (+0.9%) to $70,601. A year earlier, in Jul 2023 Ex 2, it was $82,001, so the premium is 13.9% 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) rose $189 (+2.1%) to $9,089. A year earlier, in Jul 2023 Ex 2, it was $10,501, so the premium is 13.4% lower year on year. That puts it at the bottom of its 12-month range of $8,900 to $11,501.
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.
Browse results: ← Jul 2024 Ex 1 · Aug 2024 Ex 1 →
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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