During the latest exercise, 3,259 certificates were awarded from a pool of 4,722 submitted bids, pushing up costs for both smaller and larger passenger vehicles. The price surge occurred alongside news that the overall quota will expand by 1.1 per cent to 19,298 between November 2026 and January next year. Authorities are also considering merging categories A and B into a unified tier managed through value-based surcharges and rebates.
Key points
Transport authorities are reviewing an official proposal to combine categories A and B in…: Transport authorities are reviewing an official proposal to combine categories A and B into a single car segment.
A public consultation revealed that a majority supported using surcharges and rebates bas…: A public consultation revealed that a majority supported using surcharges and rebates based on open market value.
The upcoming quota adjustments leave Category A supplies unchanged while Category B alloc…: The upcoming quota adjustments leave Category A supplies unchanged while Category B allocations increase by roughly 3.3 per cent.
Sources checked by our analysis pipeline: 1
SINGAPORE: The Certificate of Entitlement (COE) premium for Category A cars closed at a record high in the latest bidding exercise on Wednesday (Nov 4).
For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$139,001 (US$108,686), up from S$132,004 in the last exercise.
Premiums for larger and more powerful cars in Category B rose to S$132,334 from S$131,901.
COEs for commercial vehicles, which include goods vehicles and buses, remained the same at S$92,000 as in the previous bidding exercise.
Motorcycle premiums closed at S$10,689, down from S$10,778 in the last exercise.
Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$135,998 from S$135,790.
A total of 4,722 bids were received, with a quota of 3,259 COEs available.
The Land Transport Authority (LTA) said last week that the COE quota for November 2026 to January next year would increase by 1.1 per cent to 19,298, with Category B cars' quota rising by about 3.3 per cent.
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