In the first round of bidding for June, Certificate of Entitlement (COE) premiums climbed across all categories. The climb also saw the premiums for Cat B and E peaking above $100,000.

This session's rise in COE premiums across the board could have been prompted by the fact that it was a three-week interval between this and the last bidding session, allowing more time for bids to be put in. This could also explain the increase in the total number of bids received this session compared to the last.

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

Cat A COE - Climbing upwards yet again

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 $5,800 (8.5%) to end at $73,801.

This latest climb sees premiums for the category now standing at 30.3% above the 12-month trailing average. The number of unsuccessful bids this round exceeded the available quota by 43%, lower than the 12-month average of 44% for the category.

Cat B COE - Now above the $100,000 mark

Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc, climbed this session, rising by $4,759 (5.0%) this session to reach $100,684.

This latest climb in premiums for the category has brought the current price to 30% above the 12-month trailing average.

The total number of unsuccessful bids this round exceed the quota available by 61%, higher than the 12-month average figure for this category of 40%.

Cat C COE - Also climbing upward this session

Premiums for Cat C, for goods vehicles and buses, rose this session, climbing by $1,501 (2.9%), to close at $53,002.

The number of unsuccessful bids this round exceeded the available quota by 90%, higher than the 12-month average for this category of 99%.

Cat E COE - Also peaking above $100,000 this session

Cat E, the open category, climbed this session by $4,796 (5.0%), bringing the premium for the category to $100,697. 

This climb means current premiums for the category are now at 25.6% above the 12-month trailing average.

The number of unsuccessful bids this round exceeded the available quota by 66%. The 12-month average for this figure for the category is 64%.

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