In the first Certificate of Entitlement (COE) bidding exercise for August 2025, prices went up across most categories for the fourth consecutive time since June.
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 $907 to end the bidding exercise at $102,009.
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 $4,397 to end at $123,498.
Cat C, which are for goods vehicles and buses, saw prices went up by $1,401 to end the bidding exercise at $70,001.
Cat D, which are reserved for motorcycles, went down by $322 to close at $9,189.
Finally, Cat E, which is open to all vehicles except motorcycles, saw premiums go up by $2,334 to finish the exercise at $122,334.
Here’s a summary of the first COE bidding exercise for August 2025:
| Category | Current COE | Previous COE | Difference | PQP* |
| A | $102,009 | $101,102 | +$907 | $100,473 (Aug) |
| B | $123,498 | $119,101 | +$4,397 | $117,542 (Aug) |
| C | $70,001 | $68,600 | +$1,401 | $64,678 (Aug) |
| D | $9,189 | $9,511 | -$322 | $8,986 (Aug) |
| E | $122,334 | $120,000 | +$2,334 | 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.
sherly.goh@asiaone.com
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