COE Prices Singapore 2026
Latest COE premiums, bidding history, and trends for all categories. Live data from LTA via data.gov.sg.
The Certificate of Entitlement (COE) is a mandatory licence required to own and use a vehicle in Singapore. COE prices are determined by open bidding twice a month — they can swing tens of thousands of dollars based on supply, demand, and market sentiment.
Singapore has 5 COE categories: Category A (small cars up to 1,600cc), Category B (large cars above 1,600cc), Category C (goods vehicles and buses), Category D (motorcycles), and Category E (Open — any vehicle). Select a category below to view the latest COE premium, quota, and 2-year bidding history.
Category A
Cars up to 1600cc / 97kW
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Category B
Cars above 1600cc or 97kW
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Category C
Goods vehicles & buses
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Category D
Motorcycles
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Category E
Open — any vehicle
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COE Category Guide
Category A — Cars up to 1600cc / 97kW
Category A covers cars with engine capacity up to 1,600cc (petrol) or electric cars with maximum power output up to 97kW. This includes popular models like Toyota Corolla Altis, Honda Civic, Mazda 3, and most hybrid sedans. Cat A COEs are typically cheaper than Cat B and most commonly used.
Category B — Cars above 1600cc or 97kW
Category B covers cars above 1,600cc or above 97kW power output. This includes larger sedans, SUVs, performance cars, and most premium European vehicles. Cat B premiums are usually higher than Cat A due to stronger demand from premium car buyers.
Category C — Goods vehicles & buses
Category C covers goods vehicles and buses — commercial vehicles used for business purposes. Prices are lower than passenger car categories and fluctuate based on business demand.
Category D — Motorcycles
Category D covers motorcycles only. COE premiums for motorcycles are significantly lower than car categories, making it the most affordable COE type.
Category E — Open — any vehicle
Category E is the Open Category — any vehicle can bid for it. It functions as a safety valve in the system and its prices typically trade at or above Cat B levels.
Frequently Asked Questions
What is a COE and why does Singapore use it?
The Certificate of Entitlement (COE) is a quota licence that grants the holder the right to own and use a vehicle in Singapore for 10 years. Singapore uses the COE system to manage vehicle population and control road congestion. The number of COEs available each bidding round is determined by LTA based on the vehicle population quota.
How does COE bidding work?
COE bidding is conducted twice a month via an open tender system. Bidders submit their maximum bid price. The Quota Premium (QP) — which becomes the final COE price — is set at the price where supply equals demand. All successful bidders pay this QP price, not their individual bid. Unsuccessful bidders can revise their bids upward in subsequent rounds.
What happens when my COE expires after 10 years?
You have two options: deregister the vehicle (scrap or export), or renew the COE for another 5 or 10 years at the Prevailing Quota Premium (PQP) — the 3-month moving average of COE prices for that category. Most car owners weigh COE renewal cost against buying a new vehicle.
Why do COE prices fluctuate so much?
COE prices are highly sensitive to quota supply, economic conditions, new car launch timing, and speculative bidding. When LTA reduces the vehicle quota or many car launches happen simultaneously, prices spike. When economic sentiment weakens or quota increases, prices fall. Category E (Open) often reflects speculative demand and can distort other categories.
What is Category E COE and who uses it?
Category E is the Open Category — any vehicle can bid for it. In practice, Cat E is mostly used by luxury car buyers bidding for high-end vehicles that can justify the premium, and by buyers who failed to secure a Cat A or B COE. Cat E prices typically trade above both Cat A and Cat B.