Category A car COE premiums fall to $126k in July

It recorded 1,590 bids for 1,245 available certificates.

Category A certificate of entitlement (COE) premiums fell in Singapore’s second July bidding exercise, with small-car COEs closing at $126,000, the Land Transport Authority (LTA) said.

The category recorded 1,237 successful bids out of 1,590 received, leaving eight certificates unused from the quota of 1,245. Its previous quota premium (PQP) stood at $125,646.

Category B, which covers larger and more powerful cars, recorded the highest premium amongst the vehicle categories at $129,890, above its PQP of $127,835. The category received 1,365 bids, of which 856 were successful, leaving 15 unused certificates from a quota of 871.

For commercial vehicles, Category C premiums settled at $93,889, with all 301 available certificates allocated after receiving 430 bids. The category's PQP stood at $92,599.

Motorcycle COEs under Category D eased to $10,202, compared with a PQP of $9,923. All 562 available certificates were taken up from 620 bids received.

The Open Category (Category E), which can be used for any vehicle type except motorcycles but is typically used for larger cars, closed at $129,971. The category attracted 450 bids, with all 263 available certificates allocated.

LTA said the quota for the exercise included unallocated COEs carried over from the second bidding exercise in June 2026.

Category A attracted 1,590 bids for a quota of 1,245 COEs, with 1,237 successful bids. Category B received 1,365 bids for 871 COEs, resulting in 856 successful bids.

Category C recorded 430 bids for 301 COEs, all of which were allocated. Category D received 620 bids for 562 COEs, with all certificates allocated. Category E attracted 450 bids for 263 COEs, all of which were allocated.

The second July COE bidding exercise ended on 22 July at 4 p.m.

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