COE prices up across the board; Cat A premium rises to $124,790

3 days ago 57

SINGAPORE – Certificate of entitlement (COE) prices for cars in Category A and Category B rose at the latest tender on May 6.

The premium for Category A, which is for smaller, less powerful cars and electric vehicles (EVs), ended at $124,790, a 1.4 per cent increase from the $123,010 recorded during the previous tender on April 22.

At that point, it had exceeded the price of a Category B certificate.

The latest Category A price is the highest since the record of $128,105 was set in October 2025.

Category B certificates – which are for larger, more powerful cars and EVs – now cost more, at $126,236 on May 6.

This is a 4.3 per cent increase from the previous exercise, where it was $121,001.

COE prices also climbed in all other categories.

For the Open category (Category E), the premium rose by 2.2 per cent, from $125,002 to $127,700.

Certificates in this category can be used to register any vehicle type except motorcycles, but are typically used for bigger cars.

Because such certificates are transferable, motor traders secure them so they have the flexibility to register cars without having to wait for the next tender exercise.

The price of a motorcycle COE (Category D) went up by 1.7 per cent, from $9,290 to $9,452.

As for a commercial vehicle (Category C) COE, the premium increased to $87,479 – a 4.8 per cent ...

Read Entire Article