COE Results — Oct 2024 Ex 2
Cat A
$102,900
Small cars
Cat B
$113,890
Large cars
Cat C
$72,939
Goods vehicles
Cat D
$9,589
Motorcycles
Cat E
$114,700
Open category
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COE Prices — Oct 2024 Ex 2
Bidding Date: Wednesday, 16 October 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $102,900 | ↓ -$899 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $113,890 | ↓ -$2,112 |
| Cat C | Goods Vehicles & Buses | $72,939 | ↓ -$2,070 |
| Cat D | Motorcycles | $9,589 | ↓ -$412 |
| Cat E | Open (All Vehicle Types) | $114,700 | ↓ -$1,300 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1058 | 1499 | 1048 | 1.42× |
| Cat B | 670 | 975 | 669 | 1.46× |
| Cat C | 222 | 337 | 222 | 1.52× |
| Cat D | 522 | 626 | 515 | 1.20× |
| Cat E | 177 | 327 | 177 | 1.85× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat D, −4.1%. Overall, every category fell.
- Most contested: Cat E, with 1.85 bids for every COE available.
Category by Category
Cat A (small cars) dipped $899 (−0.9%) to $102,900. A year earlier, in Oct 2023 Ex 2, it was $106,000, so the premium is 2.9% lower year on year. That puts it at the top of its 12-month range of $65,010 to $106,000.
Cat B (large cars) fell $2,112 (−1.8%) to $113,890. A year earlier, in Oct 2023 Ex 2, it was $150,001, so the premium is 24.1% lower year on year. That puts it mid-way through its 12-month range of $85,010 to $150,001.
Cat E (open category) fell $1,300 (−1.1%) to $114,700. A year earlier, in Oct 2023 Ex 2, it was $158,004, so the premium is 27.4% lower year on year. That puts it in the lower part of its 12-month range of $94,006 to $158,004.
Cat C (goods vehicles) fell $2,070 (−2.8%) to $72,939. A year earlier, in Oct 2023 Ex 2, it was $84,790, so the premium is 14.0% lower year on year. That puts it in the lower part of its 12-month range of $67,501 to $84,790.
Cat D (motorcycles) fell $412 (−4.1%) to $9,589. A year earlier, in Oct 2023 Ex 2, it was $11,201, so the premium is 14.4% 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: ← Oct 2024 Ex 1 · Nov 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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