May 2026 COE Results 1st Bidding: The COE horse ran hot and high, with premiums for the car Categories and commercial-vehicle Category zooming to new heights
In the first COE bidding exercise of May 2026, Cat A closed at $124,790; Cat B closed at $126,236; Cat C closed at $87,479; Cat D closed at $9,452; while Cat E closed at $127,700.
Cat A (car up to 1600cc & 130bhp, and EV with up to 110kW) received 2,071 bids for 1,301 COEs and its premium climbed by $1,780. Category A COE closed at $124,790.
Cat B (car above 1600cc or 130bhp, and EV with more than 110kW) received 1,332 bids for 883 COEs and its premium climbed by $5,235. Category B COE closed at $126,236.
Cat C (goods vehicle and bus) received 511 bids for 293 COEs and its premium increased by $3,978. Category C COE closed at $87,479.
Cat D (motorcycle) received 649 bids for 529 COEs and its premium increased by $162. Category D COE closed at $9,452.
Lastly, Cat E (all vehicles except motorcycle) received 479 bids for 254 COEs and climbed by $2,698. Category E COE closed at $127,700.
Here is a summary of the first COE bidding exercise for May 2026:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – car up to 1600cc & 130bhp, and EV up to 110kW | $124,790 | $123,010 |
+ $1,780 |
$107,407 (Apr 2026) $112,324 (May 2026) |
| B – car above 1600cc or 130bhp, and EV above 110kW | $126,236 |
$121,001 |
+ $5,235 |
$114,366 (Apr 2026) $114,577 (May 2026) |
| C – goods vehicle and bus | $87,479 | $83,501 |
+ $3,978 |
$75,751 (Apr 2026) $77,884 (May 2026) |
| D – motorcycle | $9,452 | $9,290 |
+ $162 |
$8,670 (Apr 2026) $8,960 (May 2026) |
| E – all vehicles except motorcycle | $127,700 | $125,002 |
+ $2,698 |
Not applicable |
Next round of COE bidding starts on 18 May 2026 at 12pm, with the results out on 20 May 2026 at 4pm.
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COE Hike: Why It's A Good Time To Sell Your Current Car Now
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