COE

COE July 2024: 2nd Bidding Results

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5 Minutes

No Significant Changes in COE Prices

SINGAPORE: Certificate of Entitlement (COE) premiums for July's 2nd bidding was released at the latest tender exercise on Wednesday (17 July).

Premiums for Cat A rose by $898 from $91,001 to $91,899 for smaller cars below 1600cc.

Cat B had fell by $901 from $100,901 to $100,000. Although it's close to dropping to a 5 figures, Cat B has remained in the 6-digit figure range since the 1st bidding in April 2024.

Results of Other Categories

Prices for Cat D motorcycles had a slight increase by $189 from $8,900. to $9,089.

Prices for Cat C goods vehicle & bus rose as well by $600, from $70,001 to $70,601.

Aside from Cat B, COE prices for Cat E open category  was the only other category that fell slightly by $548, from $100,889. to $100,341.

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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