COE Results Feb 2025 2nd Bidding: Cat A bounces back up

The second round of bidding for February saw Certificate of Entitlement (COE) premiums climbing for Cat A. Premiums for Cat B, meanwhile, continued to slip, while Cat E saw only a $2 increase.

This change could be due to the recent launch of new iterations of popular nameplates here including the Audi A3 and BMW 116 and would also explain why Cat A also saw a sizeable jump in the total number of bids received this session when compared against the last session. The total number of bids submitted for category A is nearly double the available quota for this session.

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

Cat A COE - Climbing by $7,850

Premiums for Cat A, for cars up to 1,600cc in engine capacity and with an output of no more than 130bhp or electric vehicles with a power output of up to 110kW, bounced back this session from the drops of the last two session. Premiums for the category climbed by a total of $7,850 (9.2%) to reach $92,850.

The current premium now stands at 0.4% above the 12-month trailing average. The total number of number of bids submitted exceeded the number of successful bids this round by a whopping 99%, far higher than the 12-month average of 52% for the category.

Cat B COE - Continuing to slip

Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc or electric vehicles with a power output of more than 110kW, still continued to dip this session, dropping by a total of $1,506 (1.4%) to reach $109,598. This is the third consecutive session that has seen premiums for the category dropping.

This slip means the current premium for the category is now just 5.4% above the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 53%. This is lower than the 12-month average figure for the category of 54%.

Cat C COE - Climbing by $2,683

Premiums for Cat C, for goods vehicles and buses, climbed this session by $2,683 (4.3%) to close at $65,189. The number of unsuccessful bids this round exceeded the available quota by 66%, higher than the 12-month average for this category of 58%.

Cat E COE - Holding steady

Premiums for Cat E, the open category, saw a minimal change this session. Premiums for the category only climbed by $2 (0.02%) to reach $110,002.

The current premium for the category is now 3.9% above the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 85%, higher than the 12-month average figure for the category of 83%.

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.

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