August 2026 COE Results 2nd Bidding: Ghosts were hungry for food while people were hungry for car and bike COEs, whose premiums reopened the gates of monetary hell
In the second COE bidding exercise of August 2026, Cat A closed at $128,501; Cat B closed at $131,001; Cat C closed at $90,002; Cat D closed at $11,301; while Cat E closed at $135,000.
Cat A (car up to 1600cc & 130bhp, and EV with up to 110kW) received 1,600 bids for 1,197 COEs and its premium climbed by $4,611. Category A COE closed at $128,501.
Cat B (car above 1600cc or 130bhp, and EV with more than 110kW) received 1,316 bids for 936 COEs and its premium climbed by $1,091. Category B COE closed at $131,001.
Cat C (goods vehicle and bus) received 446 bids for 306 COEs and its premium decreased by $1,543. Category C COE closed at $90,002.
Cat D (motorcycle) received 686 bids for 512 COEs and its premium increased by $798. Category D COE closed at $11,301.
Lastly, Cat E (all vehicles except motorcycle) received 467 bids for 254 COEs and climbed by $4,000. Category E COE closed at exactly $135,000.
With the next COE bidding three weeks away on 9 September, which is the day before the Hungry Ghost Festival ends, will the gates of monetary hell reopen wider and burn hotter for COE bidders then?
Probably, based on predictions provided by the high-level motor traders who spoke to Motorist after today’s COE results.
Ng Choon Wee, Komoco Motors commercial director for Hyundai, predicted: “With the three-week window period to the next bid, COE will continue to climb. Demand for Cat B will be higher for the next bid as the gap for Cat A and B is narrowed to $2,500, especially with Cat E at $135,000 being the highest for this year.”
Corinne Chua, Volvo Car Singapore managing director, forecasted: “I expect the prices to continue to climb. I didn’t expect Cat A to go up as the market is rather quiet in the Ghost Month and there have been new launches in Cat B, so I expected B to go up more.”
Lee Hoe Lone, Premium Automobiles managing director, said: “Given the current trend and the growing number of cars due for scrap, COE will be an uptrend from here till next year.”
Vincent Ng, Vincar Group commercial director, concurred: “COE premiums will be generally uptrend until November 2026.”
Chong Kah Wei, Eurokars managing director of BMW and MINI, added: “By right, should go up.”
Nicholas Wong, Kah Motor Honda chief executive, said: “It doesn’t look like it’s giving way. Last three months’ deregistration is easily 30 percent higher than the new quota allocated for the next three months. Number of bids remains largely unchanged. The three weeks’ gap to the next bidding built up anxiety to bid aggressively in this round. FOMO.”
Adelene Tan, Vantage Automotive BYD managing director, alluded to the same fear: “Up again, so better buy now.”
One motor trader, however, expressed mixed feelings. Raymond Ng, Eurokars EV managing director, told Motorist: “Usually for a three-week break, we see the COE premiums rise because there is 50 percent more time to collect more orders. On the other hand, today’s COE is hovering near record-high levels, so next round of COE premiums may be range-bound and pose some resistance to the rise.”
Here is a summary of the second COE bidding exercise for August 2026:
Category |
Current COE |
Previous COE |
Difference |
PQP |
|---|---|---|---|---|
| A – car up to 1600cc & 130bhp, and EV up to 110kW | $128,501 | $123,890 |
+ $4,611 |
$125,646 (Aug 2026) $126,208 (Sep 2026) |
| B – car above 1600cc or 130bhp, and EV above 110kW | $131,001 |
$129,910 |
+ $1,091 |
$127,835 (Aug 2026) $128,697 (Sep 2026) |
| C – goods vehicle and bus | $90,002 | $91,545 |
– $1,543 |
$92,599 (Aug 2026) $92,907 (Sep 2026) |
| D – motorcycle | $11,301 | $10,503 |
+ $798 |
$9,923 (Aug 2026) $10,366 (Sep 2026) |
| E – all vehicles except motorcycle | $135,000 | $131,000 |
+ $4,000 |
Not applicable |
Next round of COE bidding starts on 7 September 2026 at 12pm, with the results out on 9 September 2026 at 4pm.
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