COE prices for cars surge in second bidding exercise for June 2025, Lifestyle News
Certificate of Entitlement (COE) prices for cars surged in the second bidding exercise for June 2025, reversing the downward trend seen earlier this month.
Cat A COEs, which are used for cars with internal combustion engines (ICEs) of up to 1,600cc in capacity and have a power output of less than 130hp, as well as electric cars with a power output of up to 110kW, went up by $1,125 to end the bidding exercise at $98,124.
Cat B COEs, which are used for ICE cars that exceed 1,600cc in capacity or have more than 130hp, and electric cars with over 110kW, saw premiums going up by $3,670 to end at $116,670.
Cat C, which are for goods vehicles and buses, saw prices went up by $3,000 to end the bidding exercise at $65,000.
Cat D, which are reserved for motorcycles, went down by $400 to close at $8,600.
Finally, Cat E, which is open to all vehicles except motorcycles, saw premiums go up by $2,989 to finish the exercise at $116,889.
Here's a summary of the second COE bidding exercise for June 2025: Category Current COE Previous COE Difference PQP* A $98,124 $96,999 +$1,125 $98,328 (June)
$99,643 (July) B $116,670 $113,000 +$3,670 $116,945 (June)
$116,909 (July) C $65,000 $62,000 +$3,000 $66,109 (June)
$64,427 (July) D $8,600 $9,000 -$400 $9,221 (June)
$9,036 (July) E $116,889 $113,900 +$2,989 Not applicable
*PQP, or Prevailing Quota Premium, is the moving average of COE prices in the last 3 months, and denotes the amount payable in order to renew a car's COE at the end of its tenure.
sherly.goh@asiaone.com
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