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April 2025’s First COE Bidding Exercise Sees Price Hikes Across Most Categories
In the first Certificate of Entitlement (COE) open bidding round for April 2025, which closed at 4:00 PM on 9 April 2025, Singapore saw a notable increase in COE premiums across nearly all categories. The latest results highlight persistent demand and a competitive vehicle market environment in the city-state.
Summary of Bidding Results
The bidding outcome saw increases in premiums for Categories A, B, D, and E, while Category C was the only one to experience a dip.
| Category | Previous COE ($) | New COE ($) | Difference ($) | |
|---|---|---|---|---|
| A | (Cars ≤ 1,600cc & ≤ 97kW) | 94,502 | 97,724 | +3,222 |
| B | (Cars > 1,600cc or > 97kW) | 116,890 | 117,899 | +1,009 |
| C | Goods Vehicles & Buses | 70,089 | 68,782 | -1,307 |
| D | Motorcycles | 9,511 | 9,889 | +378 |
| E | Open Category (Excl. Motorcycles) | 116,991 | 117,002 | +11 |
Understanding the Categories
Category A: Includes non-electric cars with engine capacity up to 1,600cc and output not exceeding 97kW (130bhp), as well as fully electric cars up to 110kW (147bhp).
Category B: Applies to non-electric cars with engine capacity above 1,600cc or output over 97kW (130bhp), and electric vehicles above 110kW (147bhp).
Category C: Reserved for goods vehicles and buses, this category saw a drop this round, possibly due to lower commercial fleet renewal activity.
Category D: Covers motorcycles and recorded a modest rise, reflecting steady demand among two-wheeler users.
Category E: Known as the Open Category, this can be used for any vehicle type except motorcycles. It serves as a benchmark for overall market demand and remained nearly unchanged.
Stay Informed
Given the evolving nature of the COE system, vehicle buyers are encouraged to stay updated on policy changes, market fluctuations, and upcoming quota announcements.
More details, including historical COE prices and upcoming bidding schedules, can be accessed via the Land Transport Authority (LTA) and the One Motoring COE Portal.
As the government fine-tunes vehicle population control measures and responds to environmental goals, COE bidding dynamics will likely continue to shift, requiring buyers and sellers to remain agile and well-informed.
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