Results for the 1st COE Bidding Exercise of February 2025 are in! Prices fall across the board, a result of the influx of additional COE quotas as announced by LTA late last year.
Refer to the table below for the detailed results:
| COE Category | Bids/Quota | Results | Change |
|---|---|---|---|
| A | 1,446/1,138 | $85,000 | – $8,601 |
| B | 1,007/748 | $111,104 | – $5,521 |
| C | 394/260 | $62,506 | – $2,970 |
| E | 369/199 | $110,000 | – $5,112 |
The PQP for the Jan/Feb Period is as follows:
| COE Category | PQP (Feb) |
|---|---|
| A | $94,513 |
| B | $110,537 |
| C | $68,481 |
The next COE bidding exercise will be held from 17th to 19th February 2025.
You May Be Interested In: Prices Fall Across the Board for Jan 2025’s Second COE Bidding Exercise!
