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The first Certificate of Entitlement (COE) Open Bidding Exercise for January 2025 concluded on 8th January at 16:00.
Update 22 Jan: COE prices drop across all categories in January 2025’s second Open Bidding
COE Price Summary
| Category | Previous COE ($) | New COE ($) | Difference ($) | |
|---|---|---|---|---|
| A | (Cars up to 1,600cc & below 97kW) | 96,000 | 93,699 | -2,301 |
| B | (Cars above 1,600cc & above 97kW) | 109,000 | 121,501 | +12,501 |
| C | Goods Vehicle & Bus | 69,890 | 67,891 | -1,999 |
| D | Motorcycle | 8,381 | 9,001 | +620 |
| E | Open – All Except Motorcycle | 108,992 | 123,000 | +14,008 |
Category A refers to non-fully electric vehicles with engines up to 1,600cc and a Maximum Power Output of not more than 97kW (130bhp). Fully electric vehicles with a Maximum Power Output of up to 110kW (147bhp) are also included in this category.
Category B encompasses non-fully electric vehicles exceeding 1,600cc or with a Maximum Power Output above 97kW (130bhp). Fully electric vehicles surpassing a Maximum Power Output of 110kW (147bhp) also fall under this category.
For more detailed information on COE bidding and the trends influencing them, visit the Land Transport Authority (LTA) website or consult the One Motoring COE page. For a clearer understanding of the COE landscape, refer to the image below.
As COE prices continue to exhibit volatility, it is crucial for stakeholders in Singapore’s transport ecosystem to stay updated and well-informed about the ongoing bidding trends.
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