COE prices results for May 2024 first open bidding exercise on 8 May 2024

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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

CategoryPrev COE ($)New COE ($)New – Old Diff ($)
ACAR-DETAILS AT ONEMOTORING94,01093,604-406
BCAR-DETAILS AT ONEMOTORING102,001105,002+3,001
CGoods Vehicle & Bus68,50270,001+1,499
DMotorcycle9,9909,503-487
EOpen-All Except Motorcycle103,249104,689+1,440

For a comprehensive view of COE past trends, visit LTA’s webpage here

Source: Land Transport Authority

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