COE Results — Aug 2024 Ex 2
Cat A
$93,900
Small cars
Cat B
$105,889
Large cars
Cat C
$72,400
Goods vehicles
Cat D
$9,310
Motorcycles
Cat E
$106,001
Open category
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COE Prices — Aug 2024 Ex 2
Bidding Date: Wednesday, 21 August 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $93,900 | ↓ -$389 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $105,889 | ↓ -$212 |
| Cat C | Goods Vehicles & Buses | $72,400 | ↑ +$1,300 |
| Cat D | Motorcycles | $9,310 | ↓ -$291 |
| Cat E | Open (All Vehicle Types) | $106,001 | ↑ +$762 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 978 | 1314 | 966 | 1.34× |
| Cat B | 686 | 985 | 686 | 1.44× |
| Cat C | 216 | 333 | 215 | 1.54× |
| Cat D | 523 | 614 | 522 | 1.17× |
| Cat E | 173 | 350 | 168 | 2.02× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat D, −3.0%. Overall, 2 of 5 categories rose and 3 fell.
- Most contested: Cat E, with 2.02 bids for every COE available.
Category by Category
Cat A (small cars) dipped $389 (−0.4%) to $93,900. A year earlier, in Aug 2023 Ex 2, it was $100,000, so the premium is 6.1% 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 $212 (−0.2%) to $105,889. A year earlier, in Aug 2023 Ex 2, it was $129,890, so the premium is 18.5% 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) inched up $762 (+0.7%) to $106,001. It is the highest Cat E premium since Jan 2024 Ex 2 ($109,004). A year earlier, in Aug 2023 Ex 2, it was $131,000, so the premium is 19.1% lower year on year.
Cat C (goods vehicles) rose $1,300 (+1.8%) to $72,400. That is its 4th rise in a row. It is the highest Cat C premium since Mar 2024 Ex 1 ($75,599). A year earlier, in Aug 2023 Ex 2, it was $82,801, so the premium is 12.6% lower year on year.
Cat D (motorcycles) fell $291 (−3.0%) to $9,310. A year earlier, in Aug 2023 Ex 2, it was $11,402, so the premium is 18.3% lower year on year. That puts it in the lower part of its 12-month range of $8,900 to $11,201.
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: ← Aug 2024 Ex 1 · Sep 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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