July 2025 COE Results 1st Bidding: The COE snake woke up with a jolt after its three-week snooze, with Cat A revving above $100k once again and the other Categories costing more than before
In the first COE bidding exercise of July 2025, Cat A closed at $101,102; Cat B closed at $119,600; Cat C closed at $66,689; Cat D closed at $9,389; while Cat E closed at $118,500.
Cat A (car up to 1600cc & 130bhp, and EV with up to 110kW) received 1,918 bids for 1,253 COEs and its premium climbed by $2,978. Category A COE closed at $101,102.
Cat B (car above 1600cc or 130bhp, and EV with more than 110kW) received 1,199 bids for 781 COEs and its premium climbed by $2,930. Category B COE closed at $119,600.
Cat C (goods vehicle and bus) received 432 bids for 291 COEs and its premium increased by $1,689. Category C COE closed at $66,689.
Cat D (motorcycle) received 629 bids for 533 COEs and its premium increased by $789. Category D COE closed at $9,389.
Lastly, Cat E (all vehicles except motorcycle) received 384 bids for 212 COEs and climbed by $1,611. Category E COE closed at $118,500.
Motorist asked several motor traders for their take on these COE results and the consensus was that the costlier premiums were not surprising.
Anthony Teo, managing director of Vantage Automotive which represents BYD and DENZA in Singapore, told Motorist: “Usually, after three weeks of order collection, COE premiums will rise due to more bids received.”
Jason Lim, managing director of BMW authorised dealer Eurokars Auto, added: “Yes, quite expected.”
A Leng Kee motor belt general manager agreed that the quota premiums were “Pretty much expected.”
Ernest Tan, deputy CEO of Vincar Group which retails Aion, GAC and Proton in Singapore, commented: “Business as usual.”
Nicholas Wong, chief executive officer of Honda authorised agent Kah Motor, told Motorist: “More booking time means more orders, equals higher prices, plus aggressive dealers wanting to put their EVs on the road.”
Soh Ming, managing director of Dongfeng Singapore, felt that Category A COE is “back to the normal $100k range.”
Ng Choon Wee, commercial director of Komoco Motors which handles Hyundai, chimed in: “It’s kind of business as usual, but it’s irrational bidding, with Cat A crossing the $100k mark.”
Here is a summary of the first COE bidding exercise for July 2025:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – car up to 1600cc & 130bhp, and EV up to 110kW | $101,102 | $98,124 |
+ $2,978 |
$98,328 (Jun 2025) $99,643 (Jul 2025) |
| B – car above 1600cc or 130bhp, and EV above 110kW | $119,600 |
$116,670 |
+ $2,930 |
$116,945 (Jun 2025) $116,909 (Jul 2025) |
| C – goods vehicle and bus | $66,689 | $65,000 |
+ $1,689 |
$66,109 (Jun 2025) $64,427 (Jul 2025) |
| D – motorcycle | $9,389 | $8,600 |
+ $789 |
$9,221 (Jun 2025) $9,036 (Jul 2025) |
| E – all vehicles except motorcycle | $118,500 | $116,889 |
+ $1,611 |
Not applicable |
Next round of COE bidding starts on 21 July 2025 at 12pm, with the results out on 23 July 2025 at 4pm.
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