COE Results — Jan 2025 Ex 1
Cat A
$93,699
Small cars
Cat B
$121,501
Large cars
Cat C
$67,891
Goods vehicles
Cat D
$9,001
Motorcycles
Cat E
$123,000
Open category
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COE Prices — Jan 2025 Ex 1
Bidding Date: Wednesday, 1 January 2025
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $93,699 | ↓ -$2,301 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $121,501 | ↑ +$12,501 |
| Cat C | Goods Vehicles & Buses | $67,891 | ↓ -$1,999 |
| Cat D | Motorcycles | $9,001 | ↑ +$620 |
| Cat E | Open (All Vehicle Types) | $123,000 | ↑ +$14,008 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1034 | 1381 | 1034 | 1.34× |
| Cat B | 677 | 1266 | 674 | 1.87× |
| Cat C | 248 | 364 | 246 | 1.47× |
| Cat D | 520 | 595 | 513 | 1.14× |
| Cat E | 191 | 415 | 190 | 2.17× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat E, +12.9%. Overall, 3 of 5 categories rose and 2 fell.
- Cat B is at its highest since Dec 2023 Ex 1.
- Cat E is at its highest since Dec 2023 Ex 1.
- Most contested: Cat E, with 2.17 bids for every COE available.
Category by Category
Cat A (small cars) fell $2,301 (−2.4%) to $93,699. A year earlier, in Jan 2024 Ex 1, it was $65,010, so the premium is 44.1% 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) jumped $12,501 (+11.5%) to $121,501. It is the highest Cat B premium since Dec 2023 Ex 1 ($130,100). A year earlier, in Jan 2024 Ex 1, it was $85,010, so the premium is 42.9% higher year on year.
Cat E (open category) jumped $14,008 (+12.9%) to $123,000. It is the highest Cat E premium since Dec 2023 Ex 1 ($133,388). A year earlier, in Jan 2024 Ex 1, it was $106,388, so the premium is 15.6% higher year on year.
Cat C (goods vehicles) fell $1,999 (−2.9%) to $67,891. It is the lowest Cat C premium since Apr 2024 Ex 1 ($67,501). A year earlier, in Jan 2024 Ex 1, it was $67,599, so the premium is roughly flat year on year.
Cat D (motorcycles) climbed $620 (+7.4%) to $9,001. A year earlier, in Jan 2024 Ex 1, it was $9,114, so the premium is 1.2% lower year on year. That puts it mid-way through its 12-month range of $7,878 to $10,001.
Bidding Competition
Cat A drew 1.34 bids per COE, well below its 12-month average of 1.58. Cat B drew 1.87 bids per COE, well above its 12-month average of 1.53. Cat E drew 2.17 bids per COE, well above its 12-month average of 1.82.
New to COE bidding? Read how COE bidding works and what each COE category covers.
Browse results: ← Dec 2024 Ex 2 · Jan 2025 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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