🔥 Trending COE Prices Hit Record Highs in Singapore

The latest Certificate of Entitlement (COE) prices in Singapore, as of the bidding exercise on July 8, 2026, show increases across all categories, with Category A and commercial vehicle certificates reaching new record highs ⁴⁵⁶.

Latest COE Prices (July 8, 2026)

Here's a breakdown of the COE premiums across different categories ⁴⁵⁶⁷:

• Category A (Cars up to 1,600cc & 130bhp): The premium for Category A cars surged to a record S$129,000. This marks an increase from S$123,847 in the previous bidding exercise ⁵⁷.
• Category B (Cars above 1,600cc or 130bhp): Premiums for Category B also saw an increase, reaching S$127,000 ⁴.
• Category C (Goods Vehicles and Buses): This category also hit a new all-time high, with premiums closing at S$110,000 ⁴⁸.
• Category D (Motorcycles): Motorcycle COEs saw an increase to S$12,000 ⁴.
• Category E (Open Category): The Open Category, which can be used for any vehicle type but is predominantly for larger cars, closed at S$130,000 ⁴.

Context of the Price Increases

The recent increases in COE premiums, particularly the record highs in Category A and commercial vehicle certificates, are attributed to continued strong demand in the market ⁶. This trend reflects the ongoing challenges in car ownership affordability in Singapore. The COE system is designed to control the number of vehicles on Singapore's roads, and the premiums are determined through a bidding process ¹.