COE Prices for First September 2024 Bidding Exercise Has Across-the-Board Increases

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The first Open Bidding Exercise for Certificates of Entitlement (COE) in September 2024 concluded on 4 September at 16:00.

Category		Previous COE ($)	New COE ($)	Difference ($)
A	(see details below)	93,900	96,490	+2,590
B	(see details below)	105,889	106,300	+411
C	Goods Vehicle & Bus	72,400	74,001	+1,601
D	Motorcycle	9,310	9,801	+491
E	Open – All Except Motorcycle	106,001	106,901	+900

Category A comprises non-fully electric cars with engines up to 1,600cc and a Maximum Power Output up to 97kW (130bhp), as well as fully electric cars with a Maximum Power Output up to 110kW (147bhp).

Category B includes non-fully electric cars with engines exceeding 1,600cc or a Maximum Power Output above 97kW (130bhp), and fully electric cars with a Maximum Power Output above 110kW (147bhp).

For those seeking to delve deeper into COE price trends and historical movements, extensive historical data is available from the Land Transport Authority (LTA) here.

The details provided in this article are based on the most recent updates from the Land Transport Authority.

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