COE prices rise for some categories, fall for others in January 2025’s first Open Bidding

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The first Certificate of Entitlement (COE) Open Bidding Exercise for January 2025 concluded on 8th January at 16:00.

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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