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July 2025 – Second COE Bidding Exercise
Update 6 Aug 2025: COE prices mostly rise in August 2025’s first bidding; Category B sees sharpest hike
The latest Certificate of Entitlement (COE) bidding exercise, which concluded at 4:00 PM on Tuesday, 23 July 2025, saw premiums inching higher across most categories, with motorcycles registering the steepest rise. This second bidding round for the month underscores a resilient demand for vehicle ownership despite existing economic conditions and regulatory measures in Singapore.
Category-by-Category Breakdown
Official data released shortly after bidding closed revealed a mixed landscape compared to the first round earlier this month. Here’s a detailed comparison of the current and previous premiums:
| Category | Previous COE ($) | New COE ($) | Difference ($) | |
|---|---|---|---|---|
| A | (Cars ≤ 1,600cc & ≤ 97kW) | 101,102 | 101,102 | 0 |
| B | (Cars > 1,600cc or > 97kW) | 119,600 | 119,101 | -499 |
| C | Goods Vehicles & Buses | 66,689 | 68,600 | +1,911 |
| D | Motorcycles | 9,389 | 9,511 | +122 |
| E | Open Category (Excl. Motorcycles) | 118,500 | 120,000 | +1,500 |
Detailed Look at Each COE Category
Category A covers smaller passenger cars with engine capacities not exceeding 1,600cc and power output capped at 97kW (130bhp). For EVs, the limit extends to 110kW (147bhp). Prices in this category held steady.
Category B includes more powerful vehicles exceeding 1,600cc or 97kW, and EVs beyond 110kW. This category saw a modest drop of $499, marking the only dip among the five groups.
Category C pertains to commercial vehicles like goods vans and buses. COE premiums here experienced a notable rise of $1,911 – one of the highest increases this round – signalling strong demand in the logistics and service sectors.
Category D, designated for motorcycles, recorded a $122 rise. While the absolute figure is modest, this represents the highest percentage increase among all categories, reflecting renewed interest among riders, likely driven by delivery service demand and rising car ownership costs.
Category E, the open category, which can be used for any vehicle type (except motorcycles), jumped $1,500 to $120,000. Often the bellwether for market sentiment, this increase points to persistent competition, particularly among luxury and high-performance vehicle buyers.
Resources for Further Information
Motorists and industry observers can track COE trends and historical bidding patterns via the Land Transport Authority’s (LTA) official resources. A comprehensive database is available here. For step-by-step guidance on participating in COE bidding, refer to OneMotoring’s COE Open Bidding page.
The July 2025 COE bidding exercises reflect a vehicle market characterised by sustained demand and limited quota supply. The latest round indicates that consumers, particularly commercial operators and motorcyclists, remain undeterred by rising costs. While fluctuations continue across categories, the broader trend suggests heightened competition as buyers seek to secure entitlements amid evolving transport policies and shifting economic factors.
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