Amidst increases in both COE supply and car-buying demand recently, premiums have continued to float around the $100,000 line for all categories.
COE premiums in 2024 were arguably nowhere near their 2023 peaks - but could additional reprieve come still in 2025, especially when February swings around?
Despite the increased supply, COE premiums have still been on a steady rise in recent months - but could further relief be on its way now?
Despite a COE supply-boost over the past quarter, premiums have crept (slowly) back up again, with Cat A seeing the most significant increase.
As the cut-and-fill method continues to bolster COE supply, premiums finally appear to be cooling off. Meanwhile, de-registrations are still on the rise.
It appears that the end of sky-high premiums may not yet be in sight, as slowing de-registrations suggest that the COE quota for May to July is set to fall.
While premiums have cooled off this week, the continued upwards trajectory for Cats A, B and E recently has still been undeniable - and unprecedented.
Premiums have broken six figures for the first time in two decades. Still, with a projected quota shrinkage, it appears that we may not have crossed the peak.
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