Longer bidding interval pushes up COE premiums; Cat A at all-time high
Categories A and B are oversubscribed by 43%, notes an industry observer
COE premiums across all categories have increased, with the Category A certificate of entitlement price reaching an all-time high of S$133,009 in the latest tender exercise on September 9. This marks a 3.5 percent rise from the previous S$128,501 price, surpassing the previous record set in July 2026. The Category B COE, used for larger and more powerful cars and EVs, saw a 3.1 percent increase to S$135,001, the highest since November 2023.
Open category (Category E) COE premiums also rose by 2.1 percent, from S$135,000 to S$137,890. Motor dealers attribute the price hike to the extended three-week window between tenders, allowing dealers more time to accumulate orders. COE prices for commercial vehicles (Category C) and motorcycles (Category D) also saw increases of 3.4 percent and 11.1 percent respectively, continuing a trend of consecutive hikes.
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- COE premiums up across the board; Cat A price hits all-time high of S$133,009 businesstimes.com.sg