COE Results Apr 2025 2nd Bidding: Cat A and E climb!

The second round of bidding for April saw Certificate of Entitlement (COE) premiums for categories A and E, while those for Cat B took a slight hit.

Premiums stayed relatively stable this session when compared against the last, a likely outcome of car buyers either opting to wait for the offers that will come with the upcoming Cars@Expo event next weekend or anticipating further increases in COE supply come the next quarter before securing their purchases. These factors could also explain why the premium for Cat E has been climbing for the last few bidding sessions, while the total number of bids received this session in Cat A and B has dropped when compared against the last session.

Get data on past COE bidding exercises at our COE bidding results page.

Cat A COE - Reaching close to that $100,000 mark

Premiums for Cat A, for cars up to 1,600cc in engine capacity and with an output of no more than 130bhp or electric vehicles with a power output of up to 110kW, climbed this session by $1,776 (1.8%) to reach $99,500.

The current premium now stands at 5.6% above the 12-month trailing average. The total number of number of bids submitted exceeded the number of successful bids this round by 86%, higher than the 12-month average of 50% for the category.

Cat B COE - Only a slight slip

Premiums for Cat B, for larger cars with more than 130bhp or engine displacements larger than 1,600cc or electric vehicles with a power output of more than 110kW, only took a small hit this session. Premiums for the category slipped by just $896 (0.8%) to reach $117,003.

This slip means the current premium for the category is now 7.7% above the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 48%. This is lower than the 12-month average figure for the category of 51%.

Cat C COE - Dropping by $3,781

Premiums for Cat C, for goods vehicles and buses, slipped this session by $3,781 (5.5%) to close at $65,001. The number of unsuccessful bids this round exceeded the available quota by 53%, lower than the 12-month average for this category of 56%.

Cat E - Still climbing, if only a little

Premiums for Cat E, the open category, climbed this session by $999 (0.9%) to reach $118,001.

The current premium for the category is now 8.4% above the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 103%, far higher than the 12-month average figure for the category of 83%.

Prevailing Quota Premium

The Prevailing Quota Premium is the amount to be paid for COE renewal and is computed from the moving average of the previous three-months of COE prices. Those looking to renew the COE on their cars will thus have to pay the following prices for the respective months.

If you're looking for a fuss-free option to renew your car's COE, Sgcarmart Connect provides free COE renewal advice, which includes loan sourcing and all paperwork.

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