Singapore’s Certificate of Entitlement (COE) prices saw mixed movements during the latest bidding exercise on July 22, with Category A COEs dropping to S$126,000, marking a decline of 2.33 per cent from the previous record of S$129,000. Category B COEs also experienced a small decrease, falling to S$129,890 from S$130,889—a 0.76 per cent drop. Commercial vehicle COEs declined by 1.17 per cent to S$93,889, while motorcycle COEs edged up slightly to S$10,202. Open category COEs, which are typically used for larger vehicles, increased by 0.13 per cent to S$129,971. A total of 4,455 bids were submitted for the 3,242 COEs available during the exercise. The latest COE pricing reflects ongoing trends in vehicle registration and market dynamics. The reduction in Category A premiums suggests easing demand for smaller, less powerful cars and electric vehicles, although the price remained significantly higher than the previous year. Meanwhile, the modest decline in Category B COEs indicates continued pressure on the market for larger, more powerful vehicles. The stability in motorcycle premiums highlights a growing interest in two-wheeler ownership, with prices crossing into the five-figure range for the fourth time in 2026. Open category COEs showed minimal upward movement, reflecting their role as flexible tools for motor traders seeking to meet demand for larger vehicles without waiting for regular tenders. The Land Transport Authority (LTA) announced adjustments to the COE quotas for the August to October period, increasing the overall supply by 0.2 per cent to 19,085. This follows a pattern of gradual increases aimed at balancing supply and demand. The Category A quota was reduced by 4 per cent to 7,134, continuing a downward trend that began in early 2026. This reduction is part of broader efforts to manage the supply of COEs, particularly for smaller vehicles, which have seen a steady decline in availability. In contrast, the Category B quota increased by 6.2 per cent to 5,527, supporting greater access to larger vehicles. The commercial vehicle (Category C) quota also rose by 5.4 per cent to 1,836, while the motorcycle (Category D) quota fell by 2.5 per cent to 3,065. The Open category (Category E) saw a minor decrease to 1,523, maintaining its role as a flexible option for motor traders. The LTA explained that the COE supply is primarily influenced by the rolling average of deregistrations over the past four quarters. Recent policy measures, including the redistribution of COEs from expiring certificates and the injection of additional licenses, have played a key role in shaping the current supply structure. For the August to October period, 200 of the 7,134 Category A COEs will come from redistributed certificates and injections, a marked decrease compared to the 1,119 such certificates available in the previous period. This adjustment underscores the LTA's strategy to maintain equilibrium in the market while addressing long-term supply challenges. Industry experts and dealers have responded to the latest developments with cautious optimism. Ng Choon Wee, commercial director of Komoco Motors, noted that the combined quota of 7,050 certificates in categories B and E would be marginally lower than the 7,134 Category A certificates. He predicted that COE premiums for Category A could rise in the coming months, potentially surpassing those for Category B. Dealers may turn to Open category COEs to fulfill demand for Category A vehicles, especially given the large number of available models. Ng also suggested that premiums for both Category A and the Open category are likely to remain elevated through the end of the current bidding period. Transport economist Walter Theseira emphasized that while the marginal changes in supply should not be overinterpreted, they reflect the LTA’s ongoing efforts to fine-tune the COE system. With the next quota announcement scheduled for October, the focus will shift to how these adjustments influence future market conditions and consumer behavior. The continued evolution of the COE system highlights the complex interplay between government policy, market forces, and public demand in Singapore’s transportation landscape.
4 reports
Channel NewsAsia (CNA)State / PublicCenterFactual 98Objective 9810 days agoIn Singapore's latest Certificate of Entitlement (COE) bidding exercise on July 22, premiums for different vehicle categories showed mixed results. Category A COEs, for smaller and less powerful cars, saw a 2.33% decrease to S$126,000 from the previous record high. Category B COEs, for larger and more powerful vehicles, dropped by 0.76% to S$129,890. Commercial vehicle COEs fell 1.17% to S$93,889. Motorcycle premiums increased slightly to S$10,202. Open category COEs, typically used for large cars, rose by 0.13% to S$129,971. A total of 4,455 bids were submitted for a quota of 3,242 COEs.
Bias read (Center): The article presents factual data on COE pricing changes without overt ideological framing. It reports on economic indicators related to vehicle ownership and market demand, which are generally considered apolitical unless tied to specific policy debates. The tone remains neutral, focusing on price,
Why factuality (98): The article accurately reports the COE price changes across various categories, matching the data found in the other sources. It includes specific numbers, percentage changes, and contextual details like the number of bids received. The information is consistent with the cross-source consensus, maki
Why objectivity (98): The article maintains an objective tone throughout, presenting the facts without editorializing or showing bias. It uses standard reporting language and avoids any subjective interpretation of the events described.
Channel NewsAsia (CNA)State / PublicCenterFactual 97Objective 978 days ago COE quota for August to October up by 0.2%, Category A certificates to dip furtherSingapore's Land Transport Authority (LTA) announced a slight increase in the Certificate of Entitlement (COE) quota for the August to October period, rising by 0.2% to 19,085. This increase is primarily due to a 6.2% rise in the Category B quota, which includes private cars, while the Category A quota—covering larger private vehicles—will decrease by 4%. Other categories such as commercial vehicles (Category C), motorcycles (Category D), and the open category (Category E) will also see modest declines. The adjustments reflect factors like vehicle deregistrations, population projections, and policy considerations. Bidding for COEs begins on specific dates each month, with some intervals extended.
Bias read (Center): The article presents factual data regarding COE quotas and their adjustments, providing clear numerical changes across different categories without overtly favoring any political stance. It explains the reasons behind the changes but does not frame them in a biased manner.
Why factuality (97): The article accurately describes the changes in the COE quota for the upcoming period, providing specific percentages and numbers that match the other sources. It gives detailed breakdowns of the quota adjustments for each category, aligning with the cross-source consensus. Only minor deductions are
Why objectivity (97): The article remains neutral in tone, focusing on the factual aspects of the quota changes without expressing any particular stance or opinion. It clearly outlines the reasons behind the quota adjustments while maintaining a balanced perspective.
The Straits TimesParty-aligned🔒CenterFactual 96Objective 968 days agoSingapore's Land Transport Authority (LTA) announced that the supply of Category A COEs (for smaller and electric vehicles) will decrease by 4% from 7,434 to 7,134 between August and October, marking the third consecutive quarterly decline. Meanwhile, Category B COEs (for larger vehicles) will increase by 6.2%, and the Open category (Category E) will see a 0.2% reduction. Overall, the total COE supply across all categories remains stable, with slight increases in some categories like commercial vehicles and decreases in motorcycle COEs. The changes are influenced by factors including deregistration patterns and LTA initiatives to manage supply fluctuations.
Bias read (Center): The article presents factual data about COE supply adjustments without overtly favoring any political stance. It explains policy decisions and their impacts neutrally, focusing on statistical trends and administrative actions rather than taking a partisan position.
Why factuality (96): The article accurately conveys the changes in the COE supply for the upcoming period, including the percentage increases and decreases for each category. It aligns with the other sources in describing the trends in the COE market. Minor deductions come from the incomplete nature of the text, which c
Why objectivity (96): The article presents the information in a neutral and factual manner, explaining the changes in COE supply without bias or emotional language. It focuses on delivering the relevant facts without injecting personal views or interpretations.
The Straits TimesParty-aligned🔒CenterFactual 95Objective 9510 days ago Cat A COE price eases to $126,000 after reaching record in previous tender; Cat B also downIn Singapore's latest Certificate of Entitlement (COE) auction, the price for Category A COEs dropped to $126,000, marking a 2.3% decline from the previous tender. This category is designated for smaller, less powerful cars and electric vehicles. Meanwhile, Category B COEs, intended for larger, more powerful vehicles, saw a slight decrease of 0.8%, while Category E COEs increased marginally. Category D COEs, for motorcycles, rose by $1, continuing a trend of exceeding five-digit prices. Category C COEs, for commercial vehicles, fell by 1.2%. These changes reflect market dynamics in Singapore’s vehicle registration system, which requires a COE to legally operate a vehicle.
Bias read (Center): The article presents factual data on COE price fluctuations across different categories without overt ideological framing. It reports on economic indicators and market trends without taking a clear partisan stance, maintaining neutrality.
Why factuality (95): The article provides specific figures for the COE prices across different categories, including precise percentages of change and exact values. These details align closely with the information presented in the other articles, particularly regarding the decline in Category A and B COE prices and the
Why objectivity (95): The article presents the information in a neutral manner, using straightforward language and avoiding any overtly biased or emotionally charged terms. It explains the significance of COEs and their categories without taking sides or injecting personal opinion.
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