COE Bidding Results

COE Results — Mar 2025 Ex 2

COEresultsMarch 2025Singapore COECertificate of Entitlement

Cat A

$94,502

Small cars

Cat B

$116,890

Large cars

Cat C

$70,089

Goods vehicles

Cat D

$9,511

Motorcycles

Cat E

$116,991

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COE Prices — Mar 2025 Ex 2

Bidding Date: Wednesday, 19 March 2025

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$94,502↑ +$1,772
Cat BCars > 1,600cc or 130bhp (or 110kW)$116,890↑ +$3,890
Cat CGoods Vehicles & Buses$70,089↑ +$3,088
Cat DMotorcycles$9,511↑ +$310
Cat EOpen (All Vehicle Types)$116,991↑ +$4,090

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1138195111371.71×
Cat B74711967471.60×
Cat C2774692751.69×
Cat D5256265251.19×
Cat E1983821961.93×

Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.

What Stood Out

  • Biggest mover: Cat C, +4.6%. Overall, every category rose.
  • Most contested: Cat E, with 1.93 bids for every COE available.

Category by Category

Cat A (small cars) rose $1,772 (+1.9%) to $94,502. A year earlier, in Mar 2024 Ex 2, it was $85,489, so the premium is 10.5% higher year on year. That puts it mid-way through its 12-month range of $85,000 to $103,799.

Cat B (large cars) rose $3,890 (+3.4%) to $116,890. A year earlier, in Mar 2024 Ex 2, it was $96,011, so the premium is 21.7% higher year on year. That puts it in the upper part of its 12-month range of $96,011 to $121,501.

Cat E (open category) rose $4,090 (+3.6%) to $116,991. That is its 3rd rise in a row. A year earlier, in Mar 2024 Ex 2, it was $95,856, so the premium is 22.0% higher year on year. That puts it in the upper part of its 12-month range of $95,856 to $123,000.

Cat C (goods vehicles) rose $3,088 (+4.6%) to $70,089. That is its 3rd rise in a row. It is the highest Cat C premium since Dec 2024 Ex 1 ($70,289). A year earlier, in Mar 2024 Ex 2, it was $70,112, so the premium is roughly flat year on year.

Cat D (motorcycles) rose $310 (+3.4%) to $9,511. That is its 4th rise in a row. It is the highest Cat D premium since Oct 2024 Ex 2 ($9,589). A year earlier, in Mar 2024 Ex 2, it was $9,689, so the premium is 1.8% lower year on year.

Bidding Competition

Bidding competition in every category was close to its usual level for the past year.

New to COE bidding? Read how COE bidding works and what each COE category covers.


Browse results: ← Mar 2025 Ex 1 · Apr 2025 Ex 1 →

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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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