Certificate of Entitlement (COE) prices fell across most categories in the first bidding exercise for June 2025, with Cat A dipping below the $100,000 mark for the first time since April.
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 down by $5,502 to end the bidding exercise at $96,999.
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 down by $3,988 to end at $113,000.
Cat C, which are for goods vehicles and buses, saw prices went down by $1,189 to end the bidding exercise at $62,000.
Cat D, which are reserved for motorcycles, went up by $293 to close at $9,000.
Finally, Cat E, which is open to all vehicles except motorcycles, saw premiums go down by $4,110 to finish the exercise at $113,900.
Here’s a summary of the first COE bidding exercise for June 2025:
| Category | Current COE | Previous COE | Difference | PQP* |
| A | $96,999 | $102,501 | -$5,502 | $98,328 (June) |
| B | $113,000 | $116,988 | -$3,988 | $116,945 (June) |
| C | $62,000 | $63,189 | -$1,189 | $66,109 (June) |
| D | $9,000 | $8,707 | +$293 | $9,221 (June) |
| E | $113,900 | $118,010 | -$4,110 | 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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