COE premiums rise for most categories;  mainstream car premium nears S0,000 

COE premiums rise for most categories; mainstream car premium nears S$100,000 


[SINGAPORE] Results for the first round of Certificate of Entitlement (COE) bidding in April saw premiums for most categories rise, as that of mainstream cars creeped closer to the S$100,000 mark.

The COE premium for mainstream cars – Category A – rose 3.4 per cent or S$3,222 to S$97,724, its highest result in 2025 so far.

Category A posted its lowest result of the year in February’s first round of bidding (S$85,000) but rose to S$94,502 by March’s second round of bidding.

The Category A COE applies to cars that have engines of up to 1,600 cc in capacity or with up to 97 kilowatts (kW) of power, or for electric vehicles (EVs) with up to 110 kW of power.

Prices for Category B, for larger and more powerful cars, ticked upwards 0.9 per cent or S$1,009 to S$117,899.

Category B is for cars with engines of more than 1,600 cc in capacity or that have more than 97 kW, or for EVs with more than 110 kW.

The motorcycle category, D, posted the largest increase. It was up 4 per cent or S$378 at S$9,889, which is also a high for 2025.

The category has had five consecutive increases since a low of S$7,721 in January’s second round of bidding.

Category E, the open category that can be used to register any type of motor vehicle except for motorcycles, increased by S$11 to S$117,002.

Only the commercial vehicle category posted a dip – it was down 1.9 per cent of S$1,307 at S$68,782.



Source link

Leave a Reply