COE Results — Sep 2025 Ex 1
Cat A
$107,889
Small cars
Cat B
$127,501
Large cars
Cat C
$71,556
Goods vehicles
Cat D
$9,101
Motorcycles
Cat E
$127,901
Open category
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COE Prices — Sep 2025 Ex 1
Bidding Date: Wednesday, 3 September 2025
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $107,889 | ↑ +$3,365 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $127,501 | ↑ +$3,101 |
| Cat C | Goods Vehicles & Buses | $71,556 | ↓ -$634 |
| Cat D | Motorcycles | $9,101 | ↑ +$292 |
| Cat E | Open (All Vehicle Types) | $127,901 | ↑ +$2,900 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1275 | 1844 | 1271 | 1.45× |
| Cat B | 790 | 1186 | 750 | 1.50× |
| Cat C | 283 | 401 | 282 | 1.42× |
| Cat D | 540 | 633 | 540 | 1.17× |
| Cat E | 256 | 489 | 254 | 1.91× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat D, +3.3%. Overall, 4 of 5 categories rose and 1 fell.
- Record: Cat A set a new high for our records (since July 2017).
- Cat B is at its highest since Dec 2023 Ex 1.
- Cat E is at its highest since Dec 2023 Ex 1.
- Most contested: Cat E, with 1.91 bids for every COE available.
Category by Category
Cat A (small cars) rose $3,365 (+3.2%) to $107,889. That is its 3rd rise in a row. It is the highest Cat A premium in our records, which begin in July 2017. A year earlier, in Sep 2024 Ex 1, it was $96,490, so the premium is 11.8% higher year on year.
Cat B (large cars) rose $3,101 (+2.5%) to $127,501. That is its 3rd rise in a row. It is the highest Cat B premium since Dec 2023 Ex 1 ($130,100). A year earlier, in Sep 2024 Ex 1, it was $106,300, so the premium is 19.9% higher year on year.
Cat E (open category) rose $2,900 (+2.3%) to $127,901. That is its 6th rise in a row. It is the highest Cat E premium since Dec 2023 Ex 1 ($133,388). A year earlier, in Sep 2024 Ex 1, it was $106,901, so the premium is 19.6% higher year on year.
Cat C (goods vehicles) dipped $634 (−0.9%) to $71,556. A year earlier, in Sep 2024 Ex 1, it was $74,001, so the premium is 3.3% lower year on year. That puts it in the upper part of its 12-month range of $62,000 to $75,009.
Cat D (motorcycles) rose $292 (+3.3%) to $9,101. A year earlier, in Sep 2024 Ex 1, it was $9,801, so the premium is 7.1% lower year on year. That puts it in the upper part of its 12-month range of $7,721 to $10,001.
Bidding Competition
Some COEs went unallocated: Cat B (40 of 790). Unallocated COEs are added to the next exercise’s quota.
New to COE bidding? Read how COE bidding works and what each COE category covers.
Browse results: ← Aug 2025 Ex 2 · Sep 2025 Ex 2 →
Results sourced from LTA/Singapore government data via the Steer SG data pipeline. This is an informational service. We are not affiliated with LTA, Singapore government, or any car dealer.
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