COE Results — Sep 2024 Ex 1
Cat A
$96,490
Small cars
Cat B
$106,300
Large cars
Cat C
$74,001
Goods vehicles
Cat D
$9,801
Motorcycles
Cat E
$106,901
Open category
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COE Prices — Sep 2024 Ex 1
Bidding Date: Wednesday, 4 September 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $96,490 | ↑ +$2,590 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $106,300 | ↑ +$411 |
| Cat C | Goods Vehicles & Buses | $74,001 | ↑ +$1,601 |
| Cat D | Motorcycles | $9,801 | ↑ +$491 |
| Cat E | Open (All Vehicle Types) | $106,901 | ↑ +$900 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 983 | 1308 | 966 | 1.33× |
| Cat B | 665 | 924 | 657 | 1.39× |
| Cat C | 216 | 324 | 215 | 1.50× |
| Cat D | 522 | 622 | 520 | 1.19× |
| Cat E | 176 | 388 | 166 | 2.20× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat D, +5.3%. Overall, every category rose.
- Most contested: Cat E, with 2.20 bids for every COE available.
Category by Category
Cat A (small cars) rose $2,590 (+2.8%) to $96,490. It is the highest Cat A premium since Oct 2023 Ex 2 ($106,000). A year earlier, in Sep 2023 Ex 1, it was $101,000, so the premium is 4.5% lower year on year.
Cat B (large cars) inched up $411 (+0.4%) to $106,300. It is the highest Cat B premium since Jan 2024 Ex 2 ($112,000). A year earlier, in Sep 2023 Ex 1, it was $134,889, so the premium is 21.2% lower year on year.
Cat E (open category) inched up $900 (+0.8%) to $106,901. That is its 3rd rise in a row. It is the highest Cat E premium since Jan 2024 Ex 2 ($109,004). A year earlier, in Sep 2023 Ex 1, it was $137,000, so the premium is 22.0% lower year on year.
Cat C (goods vehicles) rose $1,601 (+2.2%) to $74,001. That is its 5th rise in a row. It is the highest Cat C premium since Mar 2024 Ex 1 ($75,599). A year earlier, in Sep 2023 Ex 1, it was $82,889, so the premium is 10.7% lower year on year.
Cat D (motorcycles) climbed $491 (+5.3%) to $9,801. It is the highest Cat D premium since Apr 2024 Ex 2 ($9,990). A year earlier, in Sep 2023 Ex 1, it was $10,901, so the premium is 10.1% lower year on year.
Bidding Competition
Cat E drew 2.20 bids per COE, well above its 12-month average of 1.79. Some COEs went unallocated: Cat E (10 of 176). Unallocated COEs are added to the next exercise’s quota.
New to COE bidding? Read how COE bidding works and what each COE category covers.
Browse results: ← Aug 2024 Ex 2 · Sep 2024 Ex 2 →
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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