Category A Certificate of Entitlement (COE) premiums reached a new record high in the first bidding exercise for September 2025, with prices in most other categories seeing significant rises as well.
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 $3,365 to end the bidding exercise at $107,889.
It surpasses the category’s previous record price of $106,000, which it reached in October 2023.
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 $3,101 to end at $127,501.
Cat C, which are for goods vehicles and buses, saw prices went down by $634 to end the bidding exercise at $71,556.
Cat D, which are reserved for motorcycles, went up by $292 to close at $9,101.
Finally, Cat E, which is open to all vehicles except motorcycles, saw premiums go up by $2,900 to finish the exercise at $127,901.
Here’s a summary of the first COE bidding exercise for September 2025:
| Category | Current COE | Previous COE | Difference | PQP* |
| A | $107,889 | $104,524 | +$3,365 | $100,644 (Sep) |
| B | $127,501 | $124,400 | +$3,101 | $119,379 (Sep) |
| C | $71,556 | $72,190 | -$634 | $67,414 (Sep) |
| D | $9,101 | $8,809 | +$292 | $9,083 (Sep) |
| E | $127,901 | $125,001 | +$2,900 | 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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