COE Results — Jan 2025 Ex 2
Cat A
$93,601
Small cars
Cat B
$116,625
Large cars
Cat C
$65,476
Goods vehicles
Cat D
$7,721
Motorcycles
Cat E
$115,112
Open category
COE Prices — Jan 2025 Ex 2
Bidding Date: Wednesday, 15 January 2025
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $93,601 | ↓ -$98 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $116,625 | ↓ -$4,876 |
| Cat C | Goods Vehicles & Buses | $65,476 | ↓ -$2,415 |
| Cat D | Motorcycles | $7,721 | ↓ -$1,280 |
| Cat E | Open (All Vehicle Types) | $115,112 | ↓ -$7,888 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1069 | 1484 | 1058 | 1.39× |
| Cat B | 686 | 1071 | 686 | 1.56× |
| Cat C | 234 | 373 | 233 | 1.59× |
| Cat D | 536 | 651 | 530 | 1.21× |
| Cat E | 190 | 326 | 190 | 1.72× |
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 $93,601 this exercise. The Category B COE (larger or more powerful cars) closed at $116,625. The Category E (Open) COE — usable by any vehicle type and widely used as a market barometer — closed at $115,112.
Cat B prices fell by -$4,876 compared to the previous exercise, offering some relief to buyers of larger cars.
The Open category (Cat E) fell by -$7,888, 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: ← Jan 2025 Ex 1 · Feb 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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