Singapore Category A COE rises to eight-month high of S$126,009; Category B slips
Singapore's latest COE bidding exercise on 4 June 2026 ended with mixed results as Category A premiums climbed to their highest level in nearly eight months. The Land Transport Authority urged buyers and dealers to bid prudently amid sustained demand and elevated prices.
- Category A COE premiums rose to S$126,009, their highest level in nearly eight months.
- Category B and Open Category premiums declined, while commercial vehicle and motorcycle COEs increased.
- LTA attributed elevated prices to sustained demand and urged prudent bidding by buyers and dealers.
SINGAPORE: Certificate of Entitlement (COE) premiums ended mixed in the latest bidding exercise on 4 June, with Category A prices reaching their highest level in nearly eight months amid continued demand in the vehicle market.
Premiums for Category A cars, covering vehicles up to 1,600cc with engine output not exceeding 130bhp, rose 1.43 per cent to S$126,009 from S$124,229 in the previous exercise.
The latest figure marks the highest Category A premium since October 2025, when it reached a record S$128,105.
Meanwhile, premiums for larger and more powerful vehicles in Category B fell 1.94 per cent to S$126,989 from S$129,501.
The decline narrowed the gap between Categories A and B to just S$980, highlighting continued strength in demand across both passenger car categories.
Commercial vehicle and motorcycle premiums rise
COEs for commercial vehicles, including goods vehicles and buses, increased 1.93 per cent to S$94,000 from S$92,223 in the previous tender exercise.
Motorcycle premiums posted the largest percentage increase among all categories, climbing 3.21 per cent to S$10,000 from S$9,689.
Open Category COEs, which can be used for any vehicle type but are typically utilised for larger cars, edged down 0.77 per cent to S$129,000 from S$130,000.
LTA cites sustained demand
A total of 4,920 bids were submitted for the exercise, competing for a quota of 3,215 available COEs.
The Land Transport Authority (LTA) urged buyers and dealers to remain prudent when bidding, noting that COE premiums continue to stay at elevated levels.
According to LTA, the sustained demand partly reflects interest generated by the recent Car Expo.
The authority also noted an increase in registrations of electric heavy goods vehicles and electric buses since January 2026.
LTA said the rise in registrations could be linked to growing adoption of the Heavy Vehicle Zero Emissions Scheme, which aims to encourage the transition towards cleaner heavy vehicle fleets.
