COE Results Feb 2026 1st Bidding: Down across the board!

Good news, and it comes just ahead of the Lunar New Year to boot!

COE premiums have dipped across the board ahead to the long February holidays with Cat B seeing a particularly dramatic drop, slipping by a total of $10,744 compared to the last session. This drop in premiums across the board could simply be a reaction to the tightening COE supply announced just last week.

Dealers here could have opted to be more conservative with their bids in the past two weeks, opting to see market reacts before continuing to place the bids that they need to to meet the orders received during the recent motor show. This could explain the drop in bids received this session compared to the last.

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

Cat A COE  - Taking a hit

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, slipped this session. Premiums dropped this session by $3,181 (2.9%) to reach $106,320.

The current premium now stands at 2.3% above the 12-month trailing average. The total number of bids submitted exceeded the number of successful bids this round by 57%, just a touch higher than the 12-month average of 56% for the category.

Cat B COE - Slipping by a total of $10,744

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, also slipped this session. Premiums for the category dropped by $10,744 (8.8%) to reach $110,890.

This slip means the current premium for the category is now 8.3% below the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by just 19%. This is far lower than the 12-month average figure for the category of 46%.

Cat C COE - Also slipping

Premiums for Cat C, for goods vehicles and buses, slipped this session by $401 (0.5%) to close at $74,801. The number of unsuccessful bids this round exceeded the available quota by 44%, lower than the 12-month average for this category of 49%.

Cat E COE - Going down as well

Premiums for Cat E, the open category, dipped this session. This session saw premiums for the category slip by $4,891 (4.1%), bringing the final premium for the category to $116,000. 

The current premium for the category is now 4.5% below the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 70%, lower than the 12-month average figure for the category of 82%.

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 vehicles will thus have to pay the following prices for the respective categories.

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

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