In the first round of bidding for September, Certificate of Entitlement (COE) premiums rose for Cat B and E while premiums for Cat A fell.

Residual new car buying interest from the still recent Cars@Expo event could have fuelled the rise in premiums for Cat B and E COE.

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

Cat A COE - Moving away from the $90,000 mark

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, slipped this session, dropping by $1,889 (2.2%) to end at $86,000.

This latest slip sees premiums for the category now standing at 32.9% above the 12-month trailing average. This price is now at the 95^th percentile of prices across the last 12 months.

The total number of bids submitted this session exceeded the number of unsuccessful bids this round by 30%, significantly lower than the 12-month average of 43% for the category.

Cat B COE- Climbing back up again

Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc, or electric vehicles with a power output of more than 110kW, continued to climb this session. Premiums in the category rose by $999 (0.9%) this session to reach $113,000.

This renewed climb in premiums for the category has brought the current price to 25.7% above the 12-month trailing average.

The total number of unsuccessful bids this round exceed the quota available by 33%, lower than the 12-month average figure for this category of 42%.

Cat C COE - A steep $5,889 climb

Premiums for Cat C, for goods vehicles and buses, took a sizable climb this session, rising by $5,889 (10%), to close at $64,989.

The number of unsuccessful bids this round exceeded the available quota by 111%, higher than the 12-month average for this category of 96%.

Cat E COE - Also going strong

Cat E, the open category, also continued to climb this session, rising by a total of $1,298 (1.2%), bringing the premium for the category to $113,299.

This new climb means current premiums for the category are now at 22.6% above the 12-month trailing average.

The number of unsuccessful bids this round exceeded the available quota by 58%. 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 
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✅ Interest Rate typically starts from 1.88% 
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