{
  "id": 18092747,
  "title": "Category A COE premium hits record S$139,001 in latest bidding exercise",
  "url": "https://urgent.news/2026/11/04/category-a-coe-premium-hits-record-s-139-001-in-latest-bidding",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T08:13:00.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/singapore/coe-premiums-bidding-nov-4-6518911"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "The Category A COE premium closed more than S$6,000 higher than that for Category B.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}