COE Results — Dec 2025 Ex 2
Cat A
$109,501
Small cars
Cat B
$115,102
Large cars
Cat C
$77,003
Goods vehicles
Cat D
$8,081
Motorcycles
Cat E
$119,000
Open category
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COE Prices — Dec 2025 Ex 2
Bidding Date: Wednesday, 17 December 2025
| Category | Vehicle Type | COE Price (QP) | Change vs Previous |
|---|---|---|---|
| Cat A | Cars ≤ 1,600cc & 130bhp (or 110kW) | $109,501 | ↑ +$4,088 |
| Cat B | Cars > 1,600cc or 130bhp (or 110kW) | $115,102 | ↓ -$8,798 |
| Cat C | Goods Vehicles & Buses | $77,003 | ↑ +$502 |
| Cat D | Motorcycles | $8,081 | ↓ -$208 |
| Cat E | Open (All Vehicle Types) | $119,000 | ↓ -$4,000 |
Quota & Bidding Activity
| Category | Quota | Bids Received | Successful Bids | Competition Ratio |
|---|---|---|---|---|
| Cat A | 1283 | 1647 | 1259 | 1.28× |
| Cat B | 838 | 968 | 832 | 1.16× |
| Cat C | 286 | 407 | 285 | 1.42× |
| Cat D | 536 | 632 | 532 | 1.18× |
| Cat E | 276 | 455 | 252 | 1.65× |
Competition ratio = bids received ÷ quota available. A ratio above 1.5× indicates high demand for that category.
What Stood Out
- Biggest mover: Cat B, −7.1%. Overall, 2 of 5 categories rose and 3 fell.
- Most contested: Cat E, with 1.65 bids for every COE available.
Category by Category
Cat A (small cars) rose $4,088 (+3.9%) to $109,501. A year earlier, in Dec 2024 Ex 2, it was $96,000, so the premium is 14.1% higher year on year. That puts it mid-way through its 12-month range of $85,000 to $128,105.
Cat B (large cars) dropped $8,798 (−7.1%) to $115,102. A year earlier, in Dec 2024 Ex 2, it was $109,000, so the premium is 5.6% higher year on year. That puts it in the lower part of its 12-month range of $109,000 to $141,000.
Cat E (open category) fell $4,000 (−3.3%) to $119,000. It is the lowest Cat E premium since Jul 2025 Ex 1 ($118,500). A year earlier, in Dec 2024 Ex 2, it was $108,992, so the premium is 9.2% higher year on year.
Cat C (goods vehicles) inched up $502 (+0.7%) to $77,003. That is its 3rd rise in a row. It is the highest Cat C premium since Nov 2023 Ex 1 ($78,001). A year earlier, in Dec 2024 Ex 2, it was $69,890, so the premium is 10.2% higher year on year.
Cat D (motorcycles) fell $208 (−2.5%) to $8,081. It is the lowest Cat D premium since Jan 2025 Ex 2 ($7,721). A year earlier, in Dec 2024 Ex 2, it was $8,381, so the premium is 3.6% lower year on year.
Bidding Competition
Cat A drew 1.28 bids per COE, well below its 12-month average of 1.55. Cat B drew 1.16 bids per COE, well below its 12-month average of 1.50. Some COEs went unallocated: Cat E (24 of 276). 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: ← Dec 2025 Ex 1 · Jan 2026 Ex 1 →
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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