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June 2025 COE Bidding Sees Broad-Based Price Decline
The first Certificate of Entitlement (COE) bidding exercise for June 2025 concluded at 4:00 PM on 4 June, bringing a wave of cautious optimism to vehicle buyers in Singapore. COE premiums dipped in nearly every category, signalling either a cooling in vehicle demand or a strategic shift among bidders adapting to economic and regulatory trends in the car ownership landscape.
Detailed COE Results
The latest tender closed with the following premiums across categories. Here is a comprehensive look at the current vs previous bidding outcomes:
| Category | Previous COE ($) | New COE ($) | Difference ($) | |
|---|---|---|---|---|
| A | (Cars ≤ 1,600cc & ≤ 97kW) | 102,501 | 96,999 | -5,502 |
| B | (Cars > 1,600cc or > 97kW) | 116,988 | 113,000 | -3,988 |
| C | Goods Vehicles & Buses | 63,189 | 62,000 | -1,189 |
| D | Motorcycles | 8,707 | 9,000 | +293 |
| E | Open Category (Excl. Motorcycles) | 118,010 | 113,900 | -4,110 |
What Each COE Category Covers
Category A includes cars that are not fully electric and have engine capacities of up to 1,600cc and no more than 97kW (130bhp) in power. It also covers fully electric cars with up to 110kW (147bhp) output.
Category B applies to larger or more powerful cars – those with over 1,600cc or more than 97kW, as well as fully electric vehicles above 110kW.
Category C caters to goods vehicles and buses.
Category D is designated for motorcycles.
Category E is an open category that can be used for any vehicle type except motorcycles.
Possible Reasons for COE Movement
The easing of COE premiums in four of the five categories suggests that demand has tapered off slightly. This may be due to economic caution, tighter financing, or even policy-driven behavioural changes among buyers. Industry observers also note a shift in car ownership aspirations among younger consumers, as well as the gradual expansion of public and shared transport alternatives.
Interestingly, Category D was the only segment that saw an uptick in premiums, climbing by $293. This rise could point to stable or growing interest in two-wheelers as a cost-efficient and flexible urban mobility solution.
Where to Track COE Trends
For a deeper dive into historical COE trends, as well as real-time updates and official information, the Land Transport Authority (LTA) provides authoritative resources. Visit their dedicated page here. Buyers can also access COE bidding specifics via OneMotoring’s COE Open Bidding page.
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