COE Results — May 2025 Ex 2
Cat A
$102,501
Small cars
Cat B
$116,988
Large cars
Cat C
$63,189
Goods vehicles
Cat D
$8,707
Motorcycles
Cat E
$118,010
Open category
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COE Prices — May 2025 Ex 2
Bidding Date: Wednesday, 21 May 2025
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $102,501 | ↓ -$508 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $116,988 | ↓ -$2,902 |
| Cat C | Goods Vehicles & Buses | $63,189 | ↑ +$599 |
| Cat D | Motorcycles | $8,707 | ↓ -$2 |
| Cat E | Open (All Vehicle Types) | $118,010 | ↓ -$879 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1267 | 1915 | 1265 | 1.51× |
| Cat B | 782 | 1093 | 779 | 1.40× |
| Cat C | 271 | 382 | 271 | 1.41× |
| Cat D | 534 | 655 | 532 | 1.23× |
| Cat E | 206 | 387 | 185 | 1.88× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat B, −2.4%. Overall, 1 of 5 categories rose and 3 fell.
- Most contested: Cat E, with 1.88 bids for every COE available.
Category by Category
Cat A (small cars) dipped $508 (−0.5%) to $102,501. A year earlier, in May 2024 Ex 2, it was $92,700, so the premium is 10.6% higher year on year. That puts it at the top of its 12-month range of $85,000 to $103,799.
Cat B (large cars) fell $2,902 (−2.4%) to $116,988. A year earlier, in May 2024 Ex 2, it was $105,689, so the premium is 10.7% higher year on year. That puts it in the upper part of its 12-month range of $100,000 to $121,501.
Cat E (open category) dipped $879 (−0.7%) to $118,010. A year earlier, in May 2024 Ex 2, it was $105,002, so the premium is 12.4% higher year on year. That puts it in the upper part of its 12-month range of $100,000 to $123,000.
Cat C (goods vehicles) inched up $599 (+1.0%) to $63,189. A year earlier, in May 2024 Ex 2, it was $72,001, so the premium is 12.2% lower year on year. That puts it at the bottom of its 12-month range of $62,506 to $75,009.
Cat D (motorcycles) was unchanged at $8,707. That is its 3rd fall in a row. It is the lowest Cat D premium since Feb 2025 Ex 1 ($8,289). A year earlier, in May 2024 Ex 2, it was $9,311, so the premium is 6.5% lower year on year.
Bidding Competition
Some COEs went unallocated: Cat E (21 of 206). Unallocated COEs are added to the next exercise’s quota.
New to COE bidding? Read how COE bidding works and what each COE category covers.
Browse results: ← May 2025 Ex 1 · Jun 2025 Ex 1 →
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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