COE Results — Feb 2026 Ex 2

COE Prices — Feb 2026 Ex 2

Bidding Date: Wednesday, 18 February 2026

Category	Vehicle Type	COE Price (QP)	Change vs Previous
Cat A	Cars ≤ 1,600cc & 130bhp (or 110kW)	$106,501	↑ +$181
Cat B	Cars > 1,600cc or 130bhp (or 110kW)	$105,001	↓ -$5,889
Cat C	Goods Vehicles & Buses	$74,999	↑ +$198
Cat D	Motorcycles	$7,989	↓ -$300
Cat E	Open (All Vehicle Types)	$112,890	↓ -$3,110

Quota & Bidding Activity

Category	Quota	Bids Received	Successful Bids	Competition Ratio
Cat A	1289	1975	1289	1.53×
Cat B	813	1353	812	1.66×
Cat C	294	502	294	1.71×
Cat D	548	665	535	1.21×
Cat E	239	571	232	2.39×

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

What Stood Out

• Biggest mover: Cat B, −5.3%. Overall, 2 of 5 categories rose and 3 fell.
• Cat B is at its lowest since Dec 2024 Ex 1.
• Cat E is at its lowest since Feb 2025 Ex 2.
• Unusual: Cat A ($106,501) closed above Cat B ($105,001), so small cars cost more in COE than large ones this round.
• Most contested: Cat E, with 2.39 bids for every COE available.

Category by Category

Cat A (small cars) inched up $181 (+0.2%) to $106,501. A year earlier, in Feb 2025 Ex 2, it was $92,850, so the premium is 14.7% higher year on year. That puts it in the lower part of its 12-month range of $92,730 to $128,105.

Cat B (large cars) dropped $5,889 (−5.3%) to $105,001. It is the lowest Cat B premium since Dec 2024 Ex 1 ($103,010). A year earlier, in Feb 2025 Ex 2, it was $109,598, so the premium is 4.2% lower year on year.

Cat E (open category) fell $3,110 (−2.7%) to $112,890. That is its 3rd fall in a row. It is the lowest Cat E premium since Feb 2025 Ex 2 ($110,002). A year earlier, in Feb 2025 Ex 2, it was $110,002, so the premium is 2.6% higher year on year.

Cat C (goods vehicles) inched up $198 (+0.3%) to $74,999. A year earlier, in Feb 2025 Ex 2, it was $65,189, so the premium is 15.0% higher year on year. That puts it in the upper part of its 12-month range of $62,000 to $77,003.

Cat D (motorcycles) fell $300 (−3.6%) to $7,989. It is the lowest Cat D premium since Jan 2025 Ex 2 ($7,721). A year earlier, in Feb 2025 Ex 2, it was $8,791, so the premium is 9.1% lower year on year.

Bidding Competition

Cat E drew 2.39 bids per COE, well above its 12-month average of 1.84.

New to COE bidding? Read how COE bidding works and what each COE category covers.

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Browse results: ← Feb 2026 Ex 1 · Mar 2026 Ex 1 →

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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.