COE Results Mar 2025 1st Bidding: Cat B and E climb!

The first round of bidding for March saw Certificate of Entitlement (COE) premiums climbing for Cat B and Cat E, while premiums for Cat A took only a slight hit.

The jump in premiums for Cat B and E could be a result of dealers submitting more aggressive bids to fulfil the orders they have received during the Singapore Motor Show. Cars here are typically sold with a six-bid guaranteed COE package and the next bidding session will see the end of this six-bid window for all purchases secured during the weekend of the motor show. This could also explain why both Cat B and Cat E saw a high number of bids submitted this session, with the total number of bids submitted this round surpassing all previous bidding sessions of the year, save for the COE bidding session prior to the start of the motor show itself.

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

Cat A COE - Moving just a little

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, only slipped a little this session. Premiums for the category fell by just $120 (0.1%) to reach $92,850.

The current premium now stands at 0.4% below the 12-month trailing average. The total number of number of bids submitted exceeded the number of successful bids this round by 78%, higher than the 12-month average of 52% for the category.

Cat B COE - Reversing last session's dip

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, have ended three sessions of consecutive drops by climbing this session. Premiums for the category climbed a total of $4,302 (3.1%) to reach $113,000.

This climb means the current premium for the category is now 6.3% above the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 58%. This is higher than the 12-month average figure for the category of 52%.

Cat C COE - Also climbing up

Premiums for Cat C, for goods vehicles and buses, climbed this session by $1,812 (2.8%) to close at $67,001. The number of unsuccessful bids this round exceeded the available quota by 58%, higher than the 12-month average for this category of 57%.

Cat E COE - Up $2,899

Premiums for Cat E, the open category, also climbed up this session by $2,899 (2.6%) to reach $112,901.

The current premium for the category is now 6.0% above the 12-month trailing average. The total number of unsuccessful bids this round exceeded the quota available by 100%, 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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