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The Land Transport Authority (LTA)
has released the results of the May 2024 first
open
bidding exercise for Certificate of Entitlement (COE) prices.
Motorists and vehicle buyers
eagerly awaited these results, which provide
insights into the cost of vehicle ownership
in the city-state.
Here are the results for the May
2024 first open bidding exercise
ended on 8
May 2024 16:00 hrs
| Category | Prev COE ($) | New COE ($) | New – Old Diff ($) |
|---|
A | CAR-DETAILS AT ONEMOTORING | 94,010 | 93,604 | -406 |
| B | CAR-DETAILS AT ONEMOTORING | 102,001 | 105,002 | +3,001 |
| C | Goods Vehicle & Bus | 68,502 | 70,001 | +1,499 |
D | Motorcycle | 9,990 | 9,503 | -487 |
| E | Open-All Except Motorcycle | 103,249 | 104,689 | +1,440 |
For a comprehensive view of COE past trends, visit LTA’s webpage here
Source: 
Land Transport Authority
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Significant hikes observed in latest COE bidding, with most categories affected
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