COE

Premiums for all COE categories drop, led by large cars with 9% decrease

At S$110,890, Category B touches an almost 12-month low

The new quota includes 25% of replacement COEs from vehicles deregistered between January 2025 and December 2025.

COE quota dips 0.8% to 18,824 for February to April

This is the first time it has declined since the November 2022 to January 2023 period

This was the first round of bidding since the close of the Singapore Motorshow 2026.

Mainstream car COE rises 7.3%, large cars up 2.1% in post-motor show event

Most premiums go up, with only the commercial vehicle and Open category dipping

The Autobahn group, which includes car-sharing service Shariot, has debts of more than S$300 million.

Autobahn group fallout tightens private-hire car financing, but COE premiums unlikely to fall

Increased scrutiny by banks and finance companies may not have a big impact on the larger, market-moving players

Existing car owners are allowed to renew COEs for a minimum period of five years as a a concession.

Government rejects call for shorter COE renewal tenures

Shorter COE renewal duration will amplify peak and trough of cycles, says Acting Minister for Transport Jeffrey Siow

In contrast to the dip posted in Category A, Category B's premium is up 3.5% or S$3,998 at S$119,100.

Mainstream car COE premium down nearly 7% as big car category ticks up 3.5%

Results in the latest bidding round are mixed; premium for commercial vehicles dips, while motorcycle and Open categories rise

The premium for commercial vehicles and buses increased 0.7% to S$77,003.

Mainstream car COE premium climbs 3.9%, but large car category slides 7.1%

The focus on Category A comes as brands strive for sales in the last bidding round of 2025

In 2026, passenger car COE supply may rise to 50,000, up from around 40,000 in 2025, say car dealers and academics.
OUTLOOK 2026

COE supply expected to rise 20% in 2026, but premiums may not fall in proportion 

Demand for electric vehicles and from private-hire fleets could keep premiums elevated, say industry observers

Dreams of condo and car ownership may get harder for upper-middle-income households to realise, even if such households enjoy steady income growth. 
THE LEVEL GROUND

Are condo and car ownership getting harder for Singapore’s upper middle class?

Rise in private-home prices and car COE premiums outpaces income growth of 80th percentile of households

The decrease in the premium for cars in Category B comes after a spike of 12.9% in the previous round of bidding.

Large-car COE premium down almost 5% at S$123,900; most categories dip

Mainstream-car category declines 3.3%, and motorcycles by 5%