The past quarter saw Cat A shooting past $100,000 in May following The Car Expo, despite the current period benefitting from an increased COE supply.
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.
The authorities also addressed the possibility of a new category for private-hire cars, cautioning that doing so would not necessarily alleviate COE prices.