Singapore COE premiums show mixed results in latest bidding
COE premiums are trending due to the latest bidding results on October 21, where Category A prices rose to their second-highest level ever. The Land Transport Authority (LTA) warned that an upcoming Car Expo could further increase demand and prices.
What happened
- 8 Oct 2026
LTA publishes a consultation paper proposing to merge COE Categories A and B [3].
- 21 Oct 2026
Latest bidding exercise closes with mixed results; Category A premiums rise to S$132,004 [1], [2].
What you need to know
Category A premiums (S$132,004) are now higher than Category B premiums (S$131,901) [2].
Motorcycle and Open category premiums were the only ones to decrease [2].
LTA is proposing a 'feebate' system of up to S$15,000 based on a car's market value if categories merge [3].
Public feedback on the category merger proposal is open until November 2, 2026 [1], [3].
It is not yet confirmed if the LTA will officially merge Categories A and B or implement the proposed surcharge and rebate system [3].
Background
The Certificate of Entitlement (COE) system separates cars into Category A for smaller engines and Category B for more powerful vehicles [1].
LTA suggests the current distinction between A and B is no longer effective because prices for both categories have converged [3].
The proposed merger would create a single passenger car category, with prices still determined by supply and demand [3].
Questions people ask
What are the current COE premiums for cars?
Category A closed at S$132,004 and Category B closed at S$131,901 [1].
Why did the LTA warn buyers to be prudent?
The LTA noted that a coming car exhibition might lead to higher demand and elevated COE prices [1], [2].
Where this came from
[1] channelnewsasia.com
COE premiums close mixed in latest bidding exercise
Preview image from channelnewsasia.com
[2] mothership.sg
COE Cat A premium hits S$132,004, higher than Cat B at S$131,901
Preview image from mothership.sg
[3] misslobang.com
COE Category A and B May Merge: LTA Proposes a $15,000 Rebate or Surcharge Based on Car Value (Feedback Until 2 Nov 2026)
Preview image from misslobang.com
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