Here's everything you need to know about COE Renewal in Singapore. Renew for 5 or 10 years? Taking the best COE renewal loan, when to renew your COE and more.
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.
Although an unprecedented 'cut-and-fill' method has increased the opacity of the COE system, the recent rise in de-registrations is still worth noting.
COE supply will total 12,774 across all categories come November 2023 to January 2024, a jump from the total 11,319 COEs offered this quarter.
The total average monthly COE supply across all private car categories will hit 2,460 for the quarter of Aug to Oct, up from the current average of 2,311.
COE prices continue to climb, with a projected decrease in COE supply likely to provide continued support for COE premiums.