SINGAPORE: Certificate of Entitlement (COE) premiums in Singapore rose across the board in the latest bidding exercise held on 9 July 2025.
For smaller cars in Category A, premiums closed at S$101,102 (US$79,000).
This represents a 3 per cent increase from S$98,124 in the previous bidding round.
This is the first time since May that Category A premiums have exceeded the S$100,000 mark.
For larger and more powerful cars in Category B, premiums rose to S$119,600.
This marks an increase from S$116,670 in the earlier exercise.
Open category COEs, which can be used for any vehicle type but are mainly utilised for larger cars, also saw an increase.
These premiums closed at S$118,500, up from S$116,889.
Commercial vehicle COEs, covering goods vehicles and buses, rose to S$66,689 compared to S$65,000 previously.
Motorcycle premiums also increased, closing at S$9,389, up from S$8,600 in the last bidding exercise.
The Land Transport Authority (LTA) reported that a total of 4,562 bids were received in this round.
However, only 3,070 COEs were available, driving up competition and contributing to higher premiums.
COEs are required for owning and operating vehicles in Singapore and are factored into vehicle prices.
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