COE Prices and Bidding Results 2024 October, 2nd Bidding

Oct 24October 2024

2nd Bidding

COE Prices 23/10/2024
COE Category	CAT A Car ≤ 1600cc & 130bhp, or 110kW	CAT B Car > 1600cc & 130bhp, or 110kW	CAT C Goods vehicle & bus	CAT D Motorcycle	CAT E Open - all except motorcycle
Quota Premium	$102,900	$113,890	$72,939	$9,589	$114,700
	$899	$2,112	$2,070	$412	$1,300
PQP	$94,351 (Oct) $98,317 (Nov)	$104,866 (Oct) $109,698 (Nov)	$72,018 (Oct) $73,242 (Nov)	$9,434 (Oct) $9,701 (Nov)	-
Quota	1,058	670	222	522	177
Bids Received	1,499	975	337	626	327

CAT A (CARS ≤ 1600cc & 130bhp, or 110kW)

Quota Premium

$102,900

PQP

$94,351 (Oct) / $98,317 (Nov)

$899

Quota

1,058

Bids Received

1,499

CAT B (CARS > 1,600cc or 130bhp, or 110kW)

Quota Premium

$113,890

PQP

$104,866 (Oct) / $109,698 (Nov)

$2,112

Quota

670

Bids Received

975

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$72,939

PQP

$72,018 (Oct) / $73,242 (Nov)

$2,070

Quota

222

Bids Received

337

CAT D (MOTORCYCLE)

Quota Premium

$9,589

PQP

$9,434 (Oct) / $9,701 (Nov)

$412

Quota

522

Bids Received

626

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$114,700

PQP

$1,300

Quota

177

Bids Received

327

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October 2024 COE Results 2nd Bidding: The COE dragon stopped its upward trajectory and dipped a bit across all the Categories

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October 2024 COE Results 1st Bidding: The COE dragon hit new highs for 2024 in car Categories A, B and E, turbocharged by the three-week bidding gap and last weekend’s sales promotions at The Car Expo

In the first COE bidding exercise of October 2024 after a three-week break, Cat A closed at $103,799; Cat B closed at $116,002; Cat C closed at $75,009; Cat D closed at $10,001; while Cat E closed at $116,000.

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The COE quota for November 2024 to January 2025 will be 15,834 - which is 4 percent more than for the 2024 Aug-Oct period

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September 2024 COE Results 2nd Bidding: The COE dragon drove fast in a dragon boat support race for F1 Singapore Grand Prix and went even higher in Categories A, B and E, with Cat A COE almost hitting $99k

In the second COE bidding exercise of September 2024, Cat A closed at $98,524; Cat B closed at $110,001; Cat C closed at $74,000; Cat D closed at $9,900; while Cat E closed at $113,104.

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September 2024 COE Results 1st Bidding: The COE dragon didn’t take a school holiday break, with quota premiums increasing across the board and Category A exceeding $96k

In the first COE bidding exercise of September 2024, Cat A closed at $96,490; Cat B closed at $106,300; Cat C closed at $74,001; Cat D closed at $9,801; while Cat E closed at $106,901.

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August 2024 COE Results 2nd Bidding: The COE dragon took a quick breather, with Categories A, B, and D all closing slightly lower

In the second COE bidding exercise of August 2024, Cat A closed at $93,900; Cat B closed at $105,889; Cat C closed at $72,400; Cat D closed at $9,310; while Cat E closed at $106,001.

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August 2024 COE Results 1st Bidding: The COE dragon’s flypast for National Day saw some fireworks, with Categories A and B shooting skyward together with open Cat E

In the first COE bidding exercise of August 2024 after a three-week break, Cat A closed at $94,289; Cat B closed at $106,101; Cat C closed at $71,100; Cat D closed at $9,601; while Cat E closed at $105,239.

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Car News 17 Jul 2024

July 2024 COE Results 2nd Bidding: The stable glide of the COE dragon continued, with Cat A’s $898 blip and Cat B’s $901 drop as the biggest price movements in this round

In the second COE bidding exercise of July 2024, Cat A closed at $91,899; Cat B closed at exactly $100,000; Cat C closed at $70,601; Cat D closed at $9,089; while Cat E closed at $100,341.

Car News 3 Jul 2024

July 2024 COE Results 1st Bidding: The COE dragon maintained its stable glide in Categories A, C and E, while Categories B and D went down by a little

In the first COE bidding exercise of July 2024, Cat A closed at $91,001; Cat B closed at $100,901; Cat C closed at $70,001; Cat D closed at $8,900; while Cat E closed at $100,889.

193 Comments

Lelasham

How about, deposit a fix amount. Once deadline close, the garmen set the COE price. The results of who gets is based on ballot

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about 1 month ago

Johnnyjoeballing

only the broke people complaining

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about 2 months ago

View 1 Reply

U Tin Soe

Lower income families can’t afford to buy a Car anymore. 🥲

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3 months ago

View 1 Reply

Melvin Cheong

Ridiculous COE issue is 1 garment won't want to address

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4 months ago

Dylan Ng

Call all go in? sardines

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4 months ago

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Glossary

Quota Premium	Price of the successful COE bid.
Change	Difference between current price of COE and the previous price.
Quota	Number of COE issued.
Bids Received	Number of bidders participating in this COE bidding round.
Prevailing Quota Premium (PQP)	Amount to be paid for COE renewal. Computed from 3-month moving average of COE prices.