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Cat A hits record $129,000 as COE prices rise across the board

Published July 8, 2026 at 1:15 PM UTC

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On July 8, 2026, Singapore's Certificate of Entitlement (COE) premiums reached new heights across all categories. The Category A COE, designated for smaller, less powerful cars and electric vehicles (EVs), surged by 4.2% to a record S$129,000, surpassing the previous peak of S$128,105 set in October 2025. COE also saw a rise of 0.6%, reaching S$129,801 from S$129,002. Motorcycle (Category D) COE premiums climbed to S$10,201, marking the third instance in 2026 where the price exceeded S$10,000. Commercial vehicle (Category C) COEs rose by 2.1% to S$95,000, breaking the previous record of S$94,000 set in June. The Land Transport Authority attributed the elevated COE prices to sustained demand, including seasonal factors such as the recent Car Expo. They advised car buyers and dealers to exercise prudence in bidding for COEs. Industry experts noted that the narrowing gap between Category A and Category B COE premiums, now just S$980, reflects strong demand for both segments. The rising COE prices are expected to impact vehicle affordability and may influence consumer purchasing decisions in the coming months. The next COE bidding exercise is scheduled for July 22, 2026, with industry stakeholders closely monitoring the trends to gauge future market dynamics.