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March 2025’s first Certificate of Entitlement (COE) Open Bidding Exercise closes with mixed results
The latest COE bidding exercise, which concluded on 5 March 2025 at 16:00, saw premiums increasing across most vehicle categories, reflecting the competitive landscape of Singapore’s vehicle market.
While Categories B, C, D, and E experienced price hikes, Category A was the sole exception, recording a slight dip of $120. The new COE price for this category stands at $92,730, compared to the previous $92,850.
March 2025 COE Bidding Results
| Category | Previous COE ($) | New COE ($) | Difference ($) | |
|---|---|---|---|---|
| A | (Cars up to 1,600cc & below 97kW) | 92,850 | 92,730 | -120 |
| B | (Cars above 1,600cc & above 97kW) | 109,598 | 113,000 | +3,402 |
| C | Goods Vehicle & Bus | 65,189 | 67,001 | +1,812 |
| D | Motorcycle | 8,791 | 9,201 | +410 |
| E | Open – All Except Motorcycle | 110,002 | 112,901 | +2,899 |
Breakdown of COE Categories
Category A: Includes non-fully electric cars with engines up to 1,600cc and power output up to 97kW (130bhp), along with fully electric cars up to 110kW (147bhp).
Category B: Covers non-fully electric cars exceeding 1,600cc or producing more than 97kW (130bhp), as well as fully electric cars surpassing 110kW (147bhp).
For further insights into COE price trends and historical bidding data, visit the Land Transport Authority (LTA) website.
Details regarding the COE bidding process can be found on the One Motoring COE page.
As COE premiums continue to shift, industry players, buyers, and policymakers must stay informed to navigate Singapore’s ever-evolving vehicle ownership landscape.
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