Premiums for Cat A to E from every LTA bidding exercise in 2024, and the PQP (the renewal price) for each month.
There were 24 COE bidding exercises in 2024. Cat A ranged from $65,010 (Jan 2024, 1st bidding) to $103,799 (Oct 2024, 1st bidding), and averaged $90,495. Cat B ranged from $85,010 (Jan 2024, 1st bidding) to $116,002 (Oct 2024, 1st bidding), and averaged $103,730. The Cat A average was 4% lower than in 2023 ($94,538).
| Exercise | Cat A | Cat B | Cat C | Cat D | Cat E |
|---|---|---|---|---|---|
| Jan 2024, 1st bidding | $65,010 | $85,010 | $67,599 | $9,114 | $106,388 |
| Jan 2024, 2nd bidding | $81,589 | $112,000 | $68,001 | $9,309 | $109,004 |
| Feb 2024, 1st bidding | $79,000 | $102,338 | $72,001 | $9,290 | $100,101 |
| Feb 2024, 2nd bidding | $76,801 | $97,000 | $73,001 | $8,911 | $94,006 |
| Mar 2024, 1st bidding | $83,000 | $96,010 | $75,599 | $9,400 | $95,010 |
| Mar 2024, 2nd bidding | $85,489 | $96,011 | $70,112 | $9,689 | $95,856 |
| Apr 2024, 1st bidding | $89,000 | $101,334 | $67,501 | $10,000 | $101,002 |
| Apr 2024, 2nd bidding | $94,010 | $102,001 | $68,502 | $9,990 | $103,249 |
| May 2024, 1st bidding | $93,604 | $105,002 | $70,001 | $9,503 | $104,689 |
| May 2024, 2nd bidding | $92,700 | $105,689 | $72,001 | $9,311 | $105,002 |
| Jun 2024, 1st bidding | $88,200 | $100,607 | $70,589 | $8,989 | $101,600 |
| Jun 2024, 2nd bidding | $90,889 | $102,334 | $69,900 | $9,002 | $100,000 |
| Jul 2024, 1st bidding | $91,001 | $100,901 | $70,001 | $8,900 | $100,889 |
| Jul 2024, 2nd bidding | $91,899 | $100,000 | $70,601 | $9,089 | $100,341 |
| Aug 2024, 1st bidding | $94,289 | $106,101 | $71,100 | $9,601 | $105,239 |
| Aug 2024, 2nd bidding | $93,900 | $105,889 | $72,400 | $9,310 | $106,001 |
| Sep 2024, 1st bidding | $96,490 | $106,300 | $74,001 | $9,801 | $106,901 |
| Sep 2024, 2nd bidding | $98,524 | $110,001 | $74,000 | $9,900 | $113,104 |
| Oct 2024, 1st bidding | $103,799 | $116,002 | $75,009 | $10,001 | $116,000 |
| Oct 2024, 2nd bidding | $102,900 | $113,890 | $72,939 | $9,589 | $114,700 |
| Nov 2024, 1st bidding | $99,889 | $108,001 | $68,340 | $9,089 | $109,000 |
| Nov 2024, 2nd bidding | $89,889 | $105,081 | $69,000 | $8,669 | $107,501 |
| Dec 2024, 1st bidding | $94,000 | $103,010 | $70,289 | $7,878 | $104,001 |
| Dec 2024, 2nd bidding | $96,000 | $109,000 | $69,890 | $8,381 | $108,992 |
On a phone, swipe the table sideways for Cat C and Cat E.
The PQP is the average of every premium in the three calendar months before. It is what renewing a COE cost in that month: the full PQP for 10 years, half for 5.
| Month | Cat A | Cat B | Cat C | Cat D |
|---|---|---|---|---|
| Dec 2024 | $98,582 | $109,880 | $72,215 | $9,509 |
| Nov 2024 | $98,317 | $109,698 | $73,242 | $9,701 |
| Oct 2024 | $94,351 | $104,866 | $72,018 | $9,434 |
| Sep 2024 | $91,697 | $102,639 | $70,766 | $9,149 |
| Aug 2024 | $91,383 | $102,423 | $70,516 | $9,133 |
| Jul 2024 | $91,401 | $102,828 | $69,749 | $9,466 |
| Jun 2024 | $89,634 | $101,008 | $70,620 | $9,649 |
| May 2024 | $84,550 | $99,116 | $71,120 | $9,547 |
| Apr 2024 | $78,482 | $98,062 | $71,053 | $9,286 |
| Mar 2024 | $79,237 | $106,075 | $70,171 | $9,248 |
| Feb 2024 | $83,385 | $113,742 | $71,319 | $9,696 |
| Jan 2024 | $93,952 | $130,241 | $77,168 | $10,302 |
Source: LTA COE bidding results via data.gov.sg.
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