COE Results — Dec 2024 Ex 1
Cat A
$94,000
Small cars
Cat B
$103,010
Large cars
Cat C
$70,289
Goods vehicles
Cat D
$7,878
Motorcycles
Cat E
$104,001
Open category
COE Prices — Dec 2024 Ex 1
Bidding Date: Wednesday, 4 December 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $94,000 | ↑ +$4,111 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $103,010 | ↓ -$2,071 |
| Cat C | Goods Vehicles & Buses | $70,289 | ↑ +$1,289 |
| Cat D | Motorcycles | $7,878 | ↓ -$791 |
| Cat E | Open (All Vehicle Types) | $104,001 | ↓ -$3,500 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1037 | 1475 | 1034 | 1.42× |
| Cat B | 689 | 866 | 689 | 1.26× |
| Cat C | 262 | 418 | 249 | 1.60× |
| Cat D | 517 | 570 | 516 | 1.10× |
| Cat E | 179 | 326 | 167 | 1.82× |
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 $94,000 this exercise. The Category B COE (larger or more powerful cars) closed at $103,010. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $104,001.
Cat B prices fell by -$2,071 compared to the previous exercise, offering some relief to buyers of larger cars.
The Open category (Cat E) fell by -$3,500, 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: ← Nov 2024 Ex 2 · Dec 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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