COE prices fall across the board except for motorcycles; Cat A records biggest drop

This is the second consecutive tender exercise where COE premiums for cars fell. ST PHOTO: TARYN NG

Lee Nian Tjoe

UPDATED Jun 04, 2025, 04:30 PM

Thanks for sharing!

SINGAPORE - Certificate of entitlement (COE) premiums fell for all categories except motorcycles at the latest tender on June 4.

The largest drop was in Category A, meant for smaller and less powerful cars and electric vehicles (EVs). At $96,999, the premium was 5.4 per cent lower than the $ 102,501 at the previous exercise.

For Category B, meant for larger and more powerful cars and EVs, the premium was $ 113,000 , down 3.4 per cent from $ 116,988 recorded at the last tender on May 21.

This is the second consecutive tender exercise where COE prices for cars fell, although pr emiums are still higher than a year ago.

The price of an Open category (Category E) certificate was $ 113,900 , 3.5 per cent lower than the $ 118,010 at the last exercise.

Although Open category COEs can be used to register any vehicle type other than motorcycles, they are almost always used for bigger and more powerful cars.

At $ 62,000 , the commercial vehicle (Category C) COE premium was 1.9 per cent lower than the previous price of $ 63,189 .

The motorcycle (Category D) COE premium bucked the trend, climbing 3.4 per cent to $ 9,000 , from $ 8,707 .

Lee Nian Tjoe is senior transport correspondent at The Straits Times, where he also oversees the Motoring section.

More on this Topic

Join  ST's WhatsApp Channel and get the latest news and must-reads.

Thanks for sharing!