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COE premiums ease across the board
The latest Certificate of Entitlement (COE) premiums for Feb 2026’s 1st bidding exercise ended at 4:00 PM on 4 Feb 2026 🕓. Compared with the 2nd bidding exercise of Jan 2026, all categories came down, with the biggest drop seen in Category B (down $10,744) 💸🚗.
In Singapore, a COE is required to register a vehicle, and the premium is a major component of the overall cost of owning a car, motorcycle, or commercial vehicle here 🇸🇬. When premiums soften, it can slightly ease the pressure on budgets for buyers, businesses managing fleets, and riders planning for a new or replacement vehicle 🙂.
COE results at a glance 😄
All figures below are in Singapore dollars (S$). The table summarises how each category moved from the previous exercise:
| Category | Previous COE ($) | New COE ($) | Difference ($) | |
|---|---|---|---|---|
| A | Cars ≤ 1,600cc & ≤ 97kW; EVs ≤ 110kW | 109,501 | 106,320 | -3,181 |
| B | Cars > 1,600cc or > 97kW; EVs > 110kW | 121,634 | 110,890 | -10,744 |
| C | Goods Vehicles & Buses | 75,202 | 74,801 | -401 |
| D | Motorcycles | 8,860 | 8,289 | -571 |
| E | Open Category (Excl. Motorcycles) | 120,891 | 116,000 | -4,891 |
What each COE category covers 🤓
Category A is for cars with engine capacities up to 1,600cc and output not exceeding 97kW (130bhp). It also covers electric vehicles (EVs) up to 110kW (147bhp), which is why many mass-market models and smaller EVs commonly fall under this category 🙂⚡.
Category B covers cars above 1,600cc or above 97kW, including EVs beyond 110kW. This typically includes larger SUVs, premium marques, higher-performance variants and many higher-powered EVs 🚗✨.
Category C is for goods vehicles and buses. Companies often monitor this category closely because changes can affect fleet planning, replacement cycles, and long-term cost projections 📊🙂.
Category D is strictly for motorcycles. Demand can be influenced by commuting patterns, delivery needs, and broader cost considerations in Singapore 🛵😄.
Category E (Open Category) can be used for any vehicle type (excluding motorcycles). Used for any vehicle except motorcycles, and it often ends up being used mainly for bigger cars; dealers also secure Cat E for flexibility 🔎🙂.
How to use these results (practical tips) ✅
- Compare full cost, not just COE: COE is only one part of the bill. Buyers typically also factor in taxes, insurance, financing, and dealer add-ons before deciding 💳😅.
- Watch a few exercises: COE premiums can swing between exercises. Some motorists prefer to track movements over a few rounds before committing, especially for big-ticket purchases 📈🙂.
- Businesses can plan procurement: For fleets, even small COE shifts may add up across multiple vehicles, so procurement teams often monitor trends and time replacements carefully 🧾😊.
Stay updated 🔔🙂
Motorists, businesses and riders who want to keep track of COE movements and quotas can refer to these official resources:
- LTA statistics page (quota details, statistics and publications on the vehicle population) 📚😊.
- OneMotoring COE Open Bidding portal (live bidding information and results during each exercise) 🧑💻🙂.
With these references, motorists and businesses can track quota updates, follow bidding movements and make more informed decisions on timing a purchase, renewal, or fleet upgrade 😊👍.
Feb 2026’s 1st COE bidding exercise ended with lower premiums across every category, led by a notable easing in Category B 🚗💸. While COE movements can change from one exercise to the next, these results provide a useful snapshot of current bidding sentiment and may offer a little breathing space for buyers, riders, and businesses planning their next move in Singapore 😊.
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