COE

COE July 2024: 1st Bidding Results

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5 Minutes

Minor Changes in COE Prices

SINGAPORE: Certificate of Entitlement (COE) premiums for July's 1st bidding was released at the latest tender exercise on Wednesday (3 July).

Premiums for Cat A rose by $112 from $90,889 to $91,001 for smaller cars below 1600cc.

Cat B had fell by $1,433 from $102,334 to $100,901. It still remains in the 6-digit figure range since the 1st bidding in April 2024.

Results of Other Categories

Prices for Cat E open category experienced a slight increase by $889 from $100,000. to $100,889.

Prices for Cat C goods vehicle & bus rose as well by $101, from $69,900 to $70,001.

Aside from Cat B, COE prices for Cat D motorcycles was the only other category that fell slightly by $102, from $9,002 to $8.900.

Car Sales in 2024

Thus far, Toyota has been leading in car sales for 2024 with a total of 566 units in May 2024 alone.

Mercedes Benz follows closely at 2nd position with 421 registered, outranking BYD at 360 units.

If you would like to find out more about the previous month's best-selling car brands in 2024, check out our article here!

For previous months' COE Prices, you can look up here.

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