Results for the 1st COE Bidding Exercise of November 2024 are in! All categories see a reduction in premiums, probably as a result of the recent announcement that there will be additional COEs from Feb 2025 onwards.
Refer to the table below for the detailed results:
| COE Category | Bids/Quota | Results | Change |
|---|---|---|---|
| A | 1,338/1,040 | $99,889 | – $3,011 |
| B | 1,039/696 | $108,001 | – $5,889 |
| C | 365/236 | $68,340 | – $4,599 |
| E | 321/189 | $109,000 | – $5,700 |
The PQP for the November Period is as follows:
| COE Category | PQP (November) |
|---|---|
| A | $98,317 |
| B | $109,698 |
| C | $73,242 |
The next COE bidding exercise will be held from 18th to 20th November 2024.
You May Be Interested In: 2nd COE Bidding Results Oct 2024 – Prices Fall Across the Board
