COE Results — Dec 2024 Ex 2
Cat A
$96,000
Small cars
Cat B
$109,000
Large cars
Cat C
$69,890
Goods vehicles
Cat D
$8,381
Motorcycles
Cat E
$108,992
Open category
COE Prices — Dec 2024 Ex 2
Bidding Date: Wednesday, 18 December 2024
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $96,000 | ↑ +$2,000 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $109,000 | ↑ +$5,990 |
| Cat C | Goods Vehicles & Buses | $69,890 | ↓ -$399 |
| Cat D | Motorcycles | $8,381 | ↑ +$503 |
| Cat E | Open (All Vehicle Types) | $108,992 | ↑ +$4,991 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1035 | 1506 | 998 | 1.46× |
| Cat B | 676 | 987 | 667 | 1.46× |
| Cat C | 255 | 400 | 255 | 1.57× |
| Cat D | 519 | 641 | 504 | 1.24× |
| Cat E | 182 | 330 | 170 | 1.81× |
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 $96,000 this exercise. The Category B COE (larger or more powerful cars) closed at $109,000. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $108,992.
Cat B prices rose by +$5,990 compared to the previous exercise, reflecting stronger demand from buyers of premium vehicles.
The Open category (Cat E) rose by +$4,991, 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: ← Dec 2024 Ex 1 · Jan 2025 Ex 1 →
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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