As of June 2025, the Certificate of Entitlement (COE) bidding results have been released, showcasing the latest trends and prices across different vehicle categories. The COE system in Singapore regulates the number of vehicles on the road, and the bidding process is a crucial aspect of vehicle ownership.
COE Prices Overview
Category A: Cars ≤ 1,600cc & 130bhp, or 110kW
- Current COE Price: $96,999
- PQP (Prevailing Quota Premium): $5,502
- Quota Available: 1,275
- Bids Received: 1,691
Category B: Cars > 1,600cc & 130bhp, or 110kW
- Current COE Price: $113,000
- PQP: $3,988
- Quota Available: 795
- Bids Received: 974
Category C: Goods Vehicle and Bus
- Current COE Price: $62,000
- PQP: $1,189
- Quota Available: 276
- Bids Received: 386
Category E: Open
- Current COE Price: $113,900
- PQP: N.A.
- Quota Available: 202
- Bids Received: 363
Analysis of Bidding Trends
The COE prices for June 2025 reflect a competitive bidding environment, particularly in Categories A and B, where the number of bids significantly exceeds the available quota. This trend indicates a high demand for vehicles in these categories, which may lead to further price increases in future bidding rounds.
Category A Insights
The price for Category A vehicles has reached $96,999, with a substantial number of bids (1,691) against a quota of 1,275. This suggests that buyers are eager to acquire smaller, more fuel-efficient vehicles, likely due to rising fuel prices and environmental considerations.
Category B Insights
In Category B, the COE price stands at $113,000, with 974 bids for a quota of 795. The demand for larger vehicles remains strong, reflecting consumer preferences for SUVs and performance cars.
Category C and E Observations
Category C, which includes goods vehicles and buses, shows a lower COE price of $62,000, indicating a more stable market for commercial vehicles. Meanwhile, Category E, which is open to all vehicle types, has a COE price of $113,900, suggesting a competitive market for premium vehicles.
Conclusion
The COE bidding results for June 2025 highlight the dynamic nature of the vehicle market in Singapore. With increasing demand across various categories, potential buyers should stay informed about bidding trends and prices to make strategic decisions. The next tender is scheduled for June 18, 2025, and it will be interesting to see how these trends evolve in the coming months.
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