The July 2025 COE results (1st bidding) are out, and motorists in Singapore are seeing continued price hikes across all categories. This comes on the back of rising demand and limited quota adjustments as Singapore’s vehicle ownership landscape remains tight.
Table of Contents
Latest COE Prices for July 2025 COE Results (1st Bidding)
| COE Category | Quota Premium | Change | PQP (Jul) | Quota | Bids Received |
|---|---|---|---|---|---|
| CAT A (≤1600cc & 130bhp, or 110kW) | $101,102 | ▲ $2,978 | $99,643 | 1,253 (–1) | 1,918 (+271) |
| CAT B (>1600cc or 130bhp, or 110kW) | $119,600 | ▲ $2,930 | $116,909 | 781 (–3) | 1,199 (+36) |
| CAT C (Goods Vehicle & Bus) | $66,689 | ▲ $1,689 | $64,427 | 291 (+20) | 432 (+39) |
| CAT D (Motorcycle) | $9,389 | ▲ $789 | $9,036 | 533 (–2) | 629 (+24) |
| CAT E (Open – All Except Motorcycle) | $118,500 | ▲ $1,611 | – | 212 (–11) | 384 (–15) |
Note: PQP refers to the Prevailing Quota Premium used for COE renewal calculations.
Key Highlights
- Category A (small cars) saw a sharp rise to $101,102, up $2,978, breaking the $100K mark once again as demand surged post-Hari Raya promotions and showroom reopenings.
- Category B (larger cars) also increased by $2,930, landing at $119,600, reflecting strong interest from luxury buyers.
- Category C (goods vehicles and buses) rose modestly by $1,689, suggesting sustained fleet demand.
- Category D (motorcycles) jumped by $789 to $9,389, recovering from a brief dip in the last round.
- Category E (open category) also moved up to $118,500, indicating spillover demand from both CAT B and commercial fleet buyers.
Analysis: Why Are COE Prices Going Up?
The July 2025 COE price increase is driven by a mix of:
- Strong post-holiday car buyer activity
- Aggressive bidding by dealerships
- Limited quota adjustments, with only minor changes in most categories
- Anticipated car launches and continued backlog from earlier delays
The significant increase in bids received, especially in Category A, suggests that consumers are rushing in amid fears of even higher COE premiums in the coming months.
What to Expect in the Next COE Bidding?
The next COE bidding will be held on 23 July 2025. If current demand holds or rises further, we may see more upward pressure on premiums, especially if no significant increase in quota is announced.
Final Thoughts
If you’re planning to buy a car in Singapore soon, monitoring the latest COE trends is crucial. With premiums now well above $100K in both Category A and B, buyers may need to adjust their budgets or consider alternatives like used vehicles or car subscriptions.
