Certificate of Entitlement (COE) prices for cars surged in the second bidding exercise for June 2025, reversing the downward trend seen earlier this month.
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 $1,125 to end the bidding exercise at $98,124.
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 $3,670 to end at $116,670.
Cat C, which are for goods vehicles and buses, saw prices went up by $3,000 to end the bidding exercise at $65,000.
Cat D, which are reserved for motorcycles, went down by $400 to close at $8,600.
Finally, Cat E, which is open to all vehicles except motorcycles, saw premiums go up by $2,989 to finish the exercise at $116,889.
Here’s a summary of the second COE bidding exercise for June 2025:
| Category | Current COE | Previous COE | Difference | PQP* |
| A | $98,124 | $96,999 | +$1,125 | $98,328 (June) $99,643 (July) |
| B | $116,670 | $113,000 | +$3,670 | $116,945 (June) $116,909 (July) |
| C | $65,000 | $62,000 | +$3,000 | $66,109 (June) $64,427 (July) |
| D | $8,600 | $9,000 | -$400 | $9,221 (June) $9,036 (July) |
| E | $116,889 | $113,900 | +$2,989 | 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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