September 2025 COE Results 2nd Bidding: Category A shot up again to hit its all-time high, while Categories B and E also went ballistic
In the second COE bidding exercise of September 2025, Cat A closed at $119,003; Cat B closed at $136,890; Cat C closed at $72,501; Cat D closed at $9,209; while Cat E closed at $140,502.
Cat A (car up to 1600cc & 130bhp, and EV with up to 110kW) received 2,521 bids for 1,272 COEs and its premium climbed by $11,114. Category A COE closed at $119,003.
Cat B (car above 1600cc or 130bhp, and EV with more than 110kW) received 1,273 bids for 792 COEs and its premium climbed by $9,389. Category B COE closed at $136,890.
Cat C (goods vehicle and bus) received 413 bids for 276 COEs and its premium increased by $945. Category C COE closed at $72,501.
Cat D (motorcycle) received 617 bids for 539 COEs and its premium increased by $108. Category D COE closed at $9,209.
Lastly, Cat E (all vehicles except motorcycle) received 540 bids for 256 COEs and climbed by $12,601. Category E COE closed at $140,502.
Motor trade executives that Motorist contacted about these COE bidding results were mostly not surprised by the relentless COE uptrend in this round.
Anthony Teo, managing director of Vantage Automotive which sells BYD and DENZA in Singapore, told Motorist: “We expected today's COE to increase due to the recent LTA announcement, after which we observed higher showroom traffic.”
Jason Lim, managing director of BMW authorised dealer Eurokars Auto, told Motorist: “In the circular after announcing VES (changes), LTA already expected COE to go up and asked dealers to cool down the bidding. They know also.”
Corinne Chua, managing director of Volvo Car Singapore, told Motorist: “I did expect Cat A to go up, considering there’s increased demand due to the announcements of the EEAI and VES changes, but I definitely didn’t expect Cat A to go up by so much.”
Soh Ming, managing director of Dongfeng Singapore, said: “Yes, for sure it’s an upward trend.”
Here is a summary of the second COE bidding exercise for September 2025:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – car up to 1600cc & 130bhp, and EV up to 110kW | $119,003 | $107,889 |
+ $11,114 |
$100,473 (Aug 2025) $100,644 (Sep 2025) |
| B – car above 1600cc or 130bhp, and EV above 110kW | $136,890 |
$127,501 |
+ $9,389 |
$117,542 (Aug 2025) $119,379 (Sep 2025) |
| C – goods vehicle and bus | $72,501 | $71,556 |
+ $945 |
$64,678 (Aug 2025) $67,414 (Sep 2025) |
| D – motorcycle | $9,209 | $9,101 |
+ $108 |
$8,986 (Aug 2025) $9,083 (Sep 2025) |
| E – all vehicles except motorcycle | $140,502 | $127,901 |
+ $12,601 |
Not applicable |
Next round of COE bidding starts on 6 October 2025 at 12pm, with the results out on 8 October 2025 at 4pm.
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