In the first round of bidding for June, COE prices for Cat E slipped while premiums for Cat A and Cat B climbed.

The recent launch of the popular Volkswagen Golf may have pushed up premiums for Cat B.

Get data on past COE bidding exercises at our COE bidding results page.

Cat A COE - Premiums climb 16%

Premiums for Cat A, for cars up to 1,600cc in engine capacity and with an output of no more than 130bhp, increased by a sizable $6,709 (16.1%) and ended at $48,510 this bidding round.

The recent jump sees premiums for the category recovering from last round's sizable dip. Premiums for the category now stand at 23.5% above the 12-month trailing average.

The number of unsuccessful bids this round exceeded the available quota by 68%, this figure has averaged 52% for Cat A in the last 12 months.

Cat B COE - Premiums hold steady

Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc, saw only small upward bump this bidding round, rising by $2,020 (3.5%) to reach $60,109.

This climb sees the premium for this bidding round reaching into the 92^nd percentile of the 12-month trailing average, at 35.6% higher than the average for premiums of the last 12 months.

The total number of unsuccessful bids this round exceeded the quota available by 36%, which is lower than the 12-month average of 57%.

Cat C COE - Premiums slip

Premiums for Cat C fell this bidding session. This bidding round saw the premiums for commercial vehicles dropped by $4,699 (11.3%) to end at $37,002.

Cat E COE - Premiums see a slight fall

In Cat E, the open category, premiums fell by $888 (1.4%), closing at $61,112.
The premium for this bidding round now stands at 35.8% above the 12-month trailing average and is at the 88^th percentile of the premiums of the last 12 months.

The number of unsuccessful bids this round exceeded the available quota by 28%, which is lower than the 12-month trailing average of 60%.


Prevailing Quota Premium

The Prevailing Quota Premium is the amount to be paid for COE renewal and is computed from the moving average of the previous three-months of COE prices. Those looking to renew the COE on their cars will thus have to pay the following prices for the respective months.


If you're looking for a fuss-free option to renew your car's COE, sgCarMart provides free COE renewal service which includes advice, loan sourcing and all paperwork.

✅ Advice and tips on COE renewal 
✅ Complimentary Pre-COE Car Inspection 
✅ COE renewal loan quote comparisons 
✅ Interest Rate typically starts from 1.88% 
✅ 100% PQP Financing 
✅ Settlement of entire COE renewal paperwork