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    COE Results

    May 2025 – 2nd Bidding

    Get the current COE price and the latest COE bidding results with COE trends.

    Date: 21 May 2025 (Wednesday)
    Next COE Tender: 4 June 2025 (Wednesday)

    Latest COE Results: May 2025 - 2nd Bidding

    COE Category Quota Premium Change PQP Quota Bids Received
    CAT A (≤1600cc & 130bhp, or 110kW) $102,501 ▼ $508 $93,718 (May)
    $98,328 (Jun)    		 1,267 (+0) 1,915 (-325)
    CAT B (>1600cc or 130bhp, or 110kW) $116,988 ▼ $2,902 $114,249 (May)
    $116,945 (Jun)    		 782 (-31) 1,093 (+117)
    CAT C (Goods Vehicle & Bus) $63,189 ▲ $599 $66,428 (May)
    $66,109 (Jun)    		 271 (+0) 382 (-4)
    CAT D (Motorcycle) $8,707 ▼ $2 $9,165 (May)
    $9,221 (Jun)    		 534 (-2) 655 (-21)
    CAT E (Open – All Except Motorcycle) $118,010 ▼ $879 – 206 (-1) 387 (+3)

    The details for Categories A and B are as follows:

    • Category A:
      For COEs obtained from the May 2022 1st COE bidding exercise onwards:
      Non-fully electric cars with engines up to 1,600cc and Maximum Power Output up to 97kW (130bhp); and fully electric cars with Maximum Power Output up to 110kW (147bhp)
    • Category B:
      For COEs obtained from the May 2022 1st COE bidding exercise onwards:
      Non-fully electric cars with engines above 1,600cc or Maximum Power Output above 97kW (130bhp); and fully electric cars with Maximum Power Output above 110kW (147bhp)
    TermDefinition
    Quota PremiumThe price of the successful Certificate of Entitlement (COE) bid.
    ChangeThe difference between the current COE price and the previous bidding price.
    QuotaThe total number of COEs available for issuance during the bidding round.
    Bids ReceivedThe total number of bidders participating in the current COE bidding exercise.
    Prevailing Quota Premium (PQP)The amount payable for COE renewal, calculated as a 3-month moving average of COE prices.

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