Certificate of Entitlement (COE) prices rose once again across most categories in the first bidding exercise for April 2025, with the exception of Category C which saw a decline.
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 $3,222 to end the bidding exercise at $97,724.
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 $1,009 to end at $117,899.
Cat C, which are for goods vehicles and buses, saw prices went down by $1,307 to end the bidding exercise at $68,782.
Cat D, which are reserved for motorcycles, went up by $378 to close at $9,889.
Finally, Cat E, which is open to all vehicles except motorcycles, saw premiums go up by $11 to finish the exercise at $117,002.
Here’s a summary of the first COE bidding exercise for April 2025:
| Category | Current COE | Previous COE | Difference | PQP* |
| A | $97,724 | $94,502 | +$3,222 | $92,064 (Apr) |
| B | $117,899 | $116,890 | +$1,009 | $114,787 (Apr) |
| C | $68,782 | $70,089 | -$1,307 | $66,359 (Apr) |
| D | $9,889 | $9,511 | +$378 | $8,753 (Apr) |
| E | $117,002 | $116,911 | +$11 | 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.
ben.chia@asiaone.com
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