COE Results — Nov 2024 Ex 1
Cat A
$99,889
Small cars
Cat B
$108,001
Large cars
Cat C
$68,340
Goods vehicles
Cat D
$9,089
Motorcycles
Cat E
$109,000
Open category
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COE Prices — Nov 2024 Ex 1
Bidding Date: Wednesday, 6 November 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $99,889 | ↓ -$3,011 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $108,001 | ↓ -$5,889 |
| Cat C | Goods Vehicles & Buses | $68,340 | ↓ -$4,599 |
| Cat D | Motorcycles | $9,089 | ↓ -$500 |
| Cat E | Open (All Vehicle Types) | $109,000 | ↓ -$5,700 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1040 | 1338 | 1035 | 1.29× |
| Cat B | 696 | 1039 | 683 | 1.49× |
| Cat C | 236 | 365 | 209 | 1.55× |
| Cat D | 520 | 598 | 520 | 1.15× |
| Cat E | 189 | 321 | 189 | 1.70× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat C, −6.3%. Overall, every category fell.
- Most contested: Cat E, with 1.70 bids for every COE available.
Category by Category
Cat A (small cars) fell $3,011 (−2.9%) to $99,889. A year earlier, in Nov 2023 Ex 1, it was $95,689, so the premium is 4.4% higher year on year. That puts it in the upper part of its 12-month range of $65,010 to $103,799.
Cat B (large cars) dropped $5,889 (−5.2%) to $108,001. A year earlier, in Nov 2023 Ex 1, it was $110,001, so the premium is 1.8% lower year on year. That puts it mid-way through its 12-month range of $85,010 to $135,336.
Cat E (open category) fell $5,700 (−5.0%) to $109,000. A year earlier, in Nov 2023 Ex 1, it was $125,011, so the premium is 12.8% lower year on year. That puts it in the lower part of its 12-month range of $94,006 to $135,002.
Cat C (goods vehicles) dropped $4,599 (−6.3%) to $68,340. It is the lowest Cat C premium since Apr 2024 Ex 1 ($67,501). A year earlier, in Nov 2023 Ex 1, it was $78,001, so the premium is 12.4% lower year on year.
Cat D (motorcycles) dropped $500 (−5.2%) to $9,089. It is the lowest Cat D premium since Jul 2024 Ex 2 ($9,089). A year earlier, in Nov 2023 Ex 1, it was $10,889, so the premium is 16.5% lower year on year.
Bidding Competition
Cat A drew 1.29 bids per COE, well below its 12-month average of 1.59. Some COEs went unallocated: Cat C (27 of 236). 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: ← Oct 2024 Ex 2 · Nov 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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