Category A COE premium hits record S$139,001 in latest bidding exercise
The Category A COE premium closed more than S$6,000 higher than that for Category B.
Category A Certificate of Entitlement (COE) premium reached a record high of S$139,001 in the latest bidding exercise on November 4, up 5.3 percent from S$132,004 in the previous auction. Category B COE premium increased slightly by 0.3 percent to S$132,334. Commercial vehicle COE remained unchanged at S$92,000, while motorcycle COE decreased by 0.8 percent to S$10,689.
A total of 4,722 bids were received for COEs, with 3,259 available under the quota. The Land Transport Authority (LTA) attributed the premium increase to strong demand for mass-market electric vehicles in Category A. The LTA also mentioned a car expo held in October may have contributed to the heightened demand. The COE quota for November 2026 to January 2027 will increase by 1.1 percent to 19,298, with Category B cars' quota rising by about 3.3 percent.
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