COE Bidding Results

COE Results — Nov 2025 Ex 1

COEresultsNovember 2025Singapore COECertificate of Entitlement

Cat A

$110,002

Small cars

Cat B

$115,001

Large cars

Cat C

$76,000

Goods vehicles

Cat D

$8,600

Motorcycles

Cat E

$121,010

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COE Prices — Nov 2025 Ex 1

Bidding Date: Wednesday, 5 November 2025

CategoryVehicle TypeCOE Price (QP)Change vs Previous
Cat ACars ≤ 1,600cc & 130bhp (or 110kW)$110,002↓ -$11,998
Cat BCars > 1,600cc or 130bhp (or 110kW)$115,001↓ -$16,888
Cat CGoods Vehicles & Buses$76,000↓ -$801
Cat DMotorcycles$8,600↓ -$789
Cat EOpen (All Vehicle Types)$121,010↓ -$14,990

Quota & Bidding Activity

CategoryQuotaBids ReceivedSuccessful BidsCompetition Ratio
Cat A1306168213031.29×
Cat B8009537951.19×
Cat C2834342791.53×
Cat D5386315371.17×
Cat E2824672661.66×

Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.

What Stood Out

  • Biggest mover: Cat B, −12.8%. Overall, every category fell.
  • Most contested: Cat E, with 1.66 bids for every COE available.

Category by Category

Cat A (small cars) dropped $11,998 (−9.8%) to $110,002. A year earlier, in Nov 2024 Ex 1, it was $99,889, so the premium is 10.1% higher year on year. That puts it mid-way through its 12-month range of $85,000 to $128,105.

Cat B (large cars) plunged $16,888 (−12.8%) to $115,001. It is the lowest Cat B premium since Jun 2025 Ex 1 ($113,000). A year earlier, in Nov 2024 Ex 1, it was $108,001, so the premium is 6.5% higher year on year.

Cat E (open category) plunged $14,990 (−11.0%) to $121,010. That is its 3rd fall in a row. It is the lowest Cat E premium since Jul 2025 Ex 2 ($120,000). A year earlier, in Nov 2024 Ex 1, it was $109,000, so the premium is 11.0% higher year on year.

Cat C (goods vehicles) fell $801 (−1.0%) to $76,000. A year earlier, in Nov 2024 Ex 1, it was $68,340, so the premium is 11.2% higher year on year. That puts it at the top of its 12-month range of $62,000 to $76,801.

Cat D (motorcycles) dropped $789 (−8.4%) to $8,600. It is the lowest Cat D premium since Jun 2025 Ex 2 ($8,600). A year earlier, in Nov 2024 Ex 1, it was $9,089, so the premium is 5.4% lower year on year.

Bidding Competition

Cat A drew 1.29 bids per COE, well below its 12-month average of 1.56. Cat B drew 1.19 bids per COE, well below its 12-month average of 1.48. Some COEs went unallocated: Cat E (16 of 282). 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: ← Oct 2025 Ex 2 · Nov 2025 Ex 2 →

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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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