Certificate of Entitlement (COE) prices continue to rise across the board in the second bidding exercise for September 2025, with Cat A, B and E seeing significant increases.
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 $11,114 to end the bidding exercise at $119,003.
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 $9,389 to end at $136,890.
Cat C, which are for goods vehicles and buses, saw prices went up by $945 to end the bidding exercise at $72,501.
Cat D, which are reserved for motorcycles, went up by $108 to close at $9,209.
Finally, Cat E, which is open to all vehicles except motorcycles, saw premiums go up by $12,601 to finish the exercise at $140,502.
Here’s a summary of the second COE bidding exercise for September 2025:
| Category | Current COE | Previous COE | Difference | PQP* |
| A | $119,003 | $107,889 | +$11,114 | $100,644 (Sep) $105,939 (Oct) |
| B | $136,890 | $127,501 | +$9,389 | $119,379 (Sep) $125,165 (Oct) |
| C | $72,501 | $71,556 | +$945 | $67,414 (Sep) $70,257 (Oct) |
| D | $9,209 | $9,101 | +$108 | $9,083 (Sep) $9,202 (Oct) |
| E | $140,502 | $127,901 | +$12,601 | 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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