COE Results — Aug 2024 Ex 1
Cat A
$94,289
Small cars
Cat B
$106,101
Large cars
Cat C
$71,100
Goods vehicles
Cat D
$9,601
Motorcycles
Cat E
$105,239
Open category
COE Prices — Aug 2024 Ex 1
Bidding Date: Wednesday, 7 August 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $94,289 | ↑ +$2,390 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $106,101 | ↑ +$6,101 |
| Cat C | Goods Vehicles & Buses | $71,100 | ↑ +$499 |
| Cat D | Motorcycles | $9,601 | ↑ +$512 |
| Cat E | Open (All Vehicle Types) | $105,239 | ↑ +$4,898 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1013 | 1570 | 1007 | 1.55× |
| Cat B | 663 | 1150 | 662 | 1.73× |
| Cat C | 218 | 312 | 218 | 1.43× |
| Cat D | 517 | 599 | 513 | 1.16× |
| Cat E | 178 | 322 | 175 | 1.81× |
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 $94,289 this exercise. The Category B COE (larger or more powerful cars) closed at $106,101. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $105,239.
Cat B prices rose by +$6,101 compared to the previous exercise, reflecting stronger demand from buyers of premium vehicles.
The Open category (Cat E) rose by +$4,898, 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: ← Jul 2024 Ex 2 · Aug 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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