COE Results May 2025 1st Bidding: Up across the board!

The first round of bidding for May saw Certificate of Entitlement (COE) premiums rising across all private car categories.

This bidding session also saw premiums for Cat A climbing back above the $100,000 mark - a threshold which was not crossed since October 2024. The raised premiums this session are likely to be a product of renewed car buying interest following the conclusion of The Car Expo, countering the added COE supply for this quarter compared to the last. This increased car buying interest could also explain why the total number of bids received this session has risen for categories A and B compared to the last session.

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

Cat A COE - Back above the $100,000 mark

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, climbed this session by $3,509 (3.5%) to reach $103,009.

The current premium now stands at 9.0% above the 12-month trailing average. The total number of number of bids submitted exceeded the number of successful bids this round by 77%, higher than the 12-month average of 51% for the category.

Cat B COE - Also climbing along

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 climbed this session. Premiums for the category climbed by $2,887 (2.5%) to reach $119,890.

This climb means the current premium for the category is now 9.8% above the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 49%. This is lower than the 12-month average figure for the category of 51%.

Cat C COE - Dropping by $2,411

Premiums for Cat C, for goods vehicles and buses, slipped this session by $2,411 (3.7%) to close at $62,590. The number of unsuccessful bids this round exceeded the available quota by 42%, lower than the 12-month average for this category of 55%.

Cat E COE - Up $888

Premiums for Cat E, the open category, climbed this session by $888 (0.8%) to reach $118,889.

The current premium for the category is now 8.6% above the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 86%, on par with the 12-month average figure for the category of 85%.

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 Connect provides free COE renewal advice, which includes loan sourcing and all paperwork.

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