2024 Singapore COE premiums rose across all categories, with Category A reaching a year-high of $103,799, a 5.4% increase since the last exercise.

On October 9, 2024, Singapore's Certificate of Entitlement (COE) premiums rose across all categories, with Category A reaching a year-high of $103,799, marking a 5.4% increase since the last exercise. Other categories also saw price hikes. Factors contributing to the increase include longer bidding intervals and heightened demand from a major car sales event. The Land Transport Authority announced a 3.6% increase in COE availability from November 2024 to January 2025.

October 09, 2024
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