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Cat A COE premiums hit all-time high of $139,001 while Cat B premiums inch upwards to $132,334

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In short

Category A premiums surged past the previous peak set in September, simultaneously overtaking the open Category E segment. Larger passenger cars also experienced slight gains, whereas commercial vehicles and motorcycles saw modest price decreases. Meanwhile, the Land Transport Authority is assessing major system changes, including a potential tier merger and value-based fee adjustments, ahead of a scheduled 2027 review completion.

Key points

  • Smaller mass-market vehicles now command higher certificate prices than the versatile ope…: Smaller mass-market vehicles now command higher certificate prices than the versatile open Category E segment.
  • The latest tender followed the conclusion of a major public consultation regarding potent…: The latest tender followed the conclusion of a major public consultation regarding potential quota mechanism overhauls.
  • Transport authorities are weighing proposals to merge car categories and apply tiered fee…: Transport authorities are weighing proposals to merge car categories and apply tiered fees based on vehicle values by 2027.

Sources checked by our analysis pipeline: 1

Cat A COE premium hits all-time high of $139,001; Cat B price also up

SINGAPORE – The Certificate of Entitlement (COE) premium for Category A vehicles hit an all-time high of $139,001 on Nov 4, eclipsing the previous record of $133,009 set on Sept 9.

Category A COEs – meant for smaller, less powerful cars and electric vehicles (EVs) – increased 5.3% from the previous price of $132,004.

This also marks the first time that the COE price for Category A has outstripped that of Category E.

Category B COE premiums – used to register larger, more powerful cars and EVs – also increased, but more modestly, from $131,901 to $132,334 – a 0.3% increase.

The only other COE category to post an increase in prices was for Category E or the open category.

It increased by 0.2%, from $135,790 to $135,998.

Open category certificates are transferable and can be used to register any vehicle type except motorcycles. Motor traders often secure them for the flexibility to register cars without waiting for the next tender exercise.

The price of a…

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