{"id":85228,"date":"2025-05-09T13:22:36","date_gmt":"2025-05-09T05:22:36","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=85228"},"modified":"2025-05-09T16:32:33","modified_gmt":"2025-05-09T08:32:33","slug":"cat-a-coe-may-2025","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/cat-a-coe-may-2025\/","title":{"rendered":"Cat A COE in May 2025 crosses S$103K \u2013 Here&#8217;s why prices rose again"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\r\n<p>If you&#8217;re planning to buy a car, you&#8217;ve probably noticed how much Certificate of Entitlement (COE) prices have changed lately. In the most recent bidding round on May 7, 2025, several categories saw prices climb again. This round was also the first under the May\u2013July 2025 quota period, where the number of available COEs increased by 6.4% from the last quarter. However, this larger quota hasn\u2019t slowed down rising prices \u2013 especially for smaller cars and electric vehicles.<\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Let\u2019s take a closer look at how each category changed and what may be causing it.<\/span><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\">\r\n<h3>Table of contents<\/h3>\r\n<ul>\r\n<li><a href=\"#h-coe-price-changes-in-may-2025\" data-level=\"2\">COE price changes in May 2025<\/a>\r\n<ul>\r\n<li><a href=\"#h-category-a-coe-small-cars-and-lower-powered-evs\" data-level=\"3\">Category A COE \u2013 Small cars and lower-powered EVs<\/a><\/li>\r\n<li><a href=\"#h-category-b-coe-bigger-cars-and-high-powered-evs\" data-level=\"3\">Category B COE \u2013 Bigger cars and high-powered EVs<\/a><\/li>\r\n<li><a href=\"#h-category-e-coe-open-category\" data-level=\"3\">Category E COE \u2013 Open category<\/a><\/li>\r\n<li><a href=\"#h-category-c-coe-commercial-vehicles\" data-level=\"3\">Category C COE \u2013 Commercial vehicles<\/a><\/li>\r\n<li><a href=\"#h-category-d-coe-motorcycles\" data-level=\"3\">Category D COE \u2013 Motorcycles<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li><a href=\"#h-will-prices-keep-climbing\" data-level=\"2\">Will prices keep climbing?<\/a><\/li>\r\n<\/ul>\r\n<\/div>\r\n\r\n\r\n\r\n<h2 id=\"h-coe-price-changes-in-may-2025\" class=\"wp-block-heading\"><b>COE price changes in May 2025<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Here\u2019s a quick summary of the latest COE prices and how they\u2019ve moved since the last round:<\/span><\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-table\">\r\n<table class=\"has-fixed-layout\">\r\n<tbody>\r\n<tr>\r\n<td><b>COE Category<\/b><\/td>\r\n<td><b>Description<\/b><\/td>\r\n<td><b>May 2025 price<\/b><\/td>\r\n<td><b>April 2025 price<\/b><\/td>\r\n<td><b>% change<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Cat A<\/b><\/td>\r\n<td><span style=\"font-weight: 400;\">Small cars &amp; EVs (\u2264 110kW \/ 1,600cc)<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$103,009<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$99,500<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">+3.5%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Cat B<\/b><\/td>\r\n<td><span style=\"font-weight: 400;\">Large and more powerful cars &amp; EVs<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$119,890<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$117,003<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">+2.5%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Cat E<\/b><\/td>\r\n<td><span style=\"font-weight: 400;\">Open category (mostly used for Cat B-type cars)<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$118,889<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$118,001<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">+0.8%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Cat C<\/b><\/td>\r\n<td><span style=\"font-weight: 400;\">Commercial vehicles<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$62,590<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$65,001<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">\u20133.7%<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><b>Cat D<\/b><\/td>\r\n<td><span style=\"font-weight: 400;\">Motorcycles<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$8,709<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">S$9,309<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">\u20136.4%<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/figure>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">As you can see, prices have gone up for most categories, with the most notable increase seen in <\/span>Cat A COE May 2025. Let\u2019s break it down by category.<\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-category-a-coe-small-cars-and-lower-powered-evs\" class=\"wp-block-heading\"><b>Category A COE \u2013 Small cars and lower-powered EVs<\/b><\/h3>\r\n\r\n\r\n\r\n<p>The biggest talking point has been the Cat A COE in May 2025, which rose to S$103,009. That\u2019s a 3.5% jump from the S$99,500 in April. This is the highest price Cat A has hit since October 2024, when it reached S$103,799.<\/p>\r\n\r\n\r\n\r\n<p>So, what caused this increase? A few things happened all at once.<\/p>\r\n\r\n\r\n\r\n<p>First, many car owners who bought their vehicles in 2015 or 2016 are now reaching the 10-year mark. This means their cars\u2019 COEs are expiring, and they\u2019re looking to replace them. This wave of expiring COEs is expected to grow even more in 2025 and 2026, pushing demand higher.<\/p>\r\n\r\n\r\n\r\n<p>Next, car dealerships had a strong weekend in sales just before the bidding round. Some showrooms, like those selling BMWs, even reported a 20\u201330% jump in new sales. That led to more COE applications being submitted.<\/p>\r\n\r\n\r\n\r\n<p>Also, there&#8217;s a clear trend where drivers are downsizing from Category B to Category A. Many are switching from larger petrol cars to more affordable EVs. In fact, Volt Auto said 40% of buyers for its Cat A EV model traded in their Cat B cars.<\/p>\r\n\r\n\r\n\r\n<p>It helps that there are now more Cat A EV models available. While Chinese car brands have long offered budget-friendly options, even Tesla has launched a Cat A version of the Model Y.<\/p>\r\n\r\n\r\n\r\n<p>Another reason prices rose was that many dealers were trying to fulfill older orders. Back in February, COE prices fell to $85,000. Many buyers placed orders then, and now dealers are racing to secure certificates before the 3-month deadline expires.<\/p>\r\n\r\n\r\n\r\n<p>Lastly, the Car Expo held on May 3\u20134 likely had a big impact. Organised by SPH Media, this popular event drew many buyers, especially for Cat A vehicles. That spike in short-term demand helped push the price higher.<\/p>\r\n\r\n\r\n\r\n<p><iframe loading=\"lazy\" style=\"border: none; width: 350px !important; box-shadow: 0px 2px 12px rgb(11 17 52 \/ 15%); border-radius: 16px;\" src=\"https:\/\/www.99.co\/property-value-widget?contentSource=insider-blog&amp;contentId=cat-a-coe-may-2025\" width=\"350\" height=\"370\" scrolling=\"no\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><\/span><\/iframe><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-category-b-coe-bigger-cars-and-high-powered-evs\" class=\"wp-block-heading\"><b>Category B COE \u2013 Bigger cars and high-powered EVs<\/b><\/h3>\r\n\r\n\r\n\r\n<p>The Cat B COE in May 2025 also went up, but by a smaller margin. It rose to S$119,890, up 2.5% from the previous price of S$117,003<span style=\"font-weight: 400;\">. This category is for larger and more powerful cars, as well as EVs that exceed 110 kilowatts.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Although prices have gone up, some experts believe this could level off soon. After the Car Expo rush is over, and with fewer orders coming in, demand might ease. That could mean prices in this category might dip slightly in the next round.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-category-e-coe-open-category\" class=\"wp-block-heading\"><b>Category E COE \u2013 Open category<\/b><\/h3>\r\n\r\n\r\n\r\n<p>The Cat E COE in May 2025 increased slightly to S$118,889. That\u2019s just S$888 more than before. This category can be used for any vehicle type, except motorcycles, but it\u2019s usually reserved for larger vehicles like those in Category B.<\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Because Cat E tends to follow trends in Cat B, prices often move in the same direction. If demand for big cars drops, Cat E premiums could also soften later this year.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-category-c-coe-commercial-vehicles\" class=\"wp-block-heading\"><b>Category C COE \u2013 Commercial vehicles<\/b><\/h3>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">There\u2019s good news if you\u2019re shopping for a van or lorry. The <\/span>Cat C COE in May 2025 dropped to S$62,590, down 3.7%<span style=\"font-weight: 400;\"> from the previous S$65,001. This decline likely reflects weaker demand in the commercial sector. With business costs rising elsewhere, fewer companies may be buying new fleet vehicles at this time.<\/span><\/p>\r\n\r\n\r\n\r\n<h3 id=\"h-category-d-coe-motorcycles\" class=\"wp-block-heading\"><b>Category D COE \u2013 Motorcycles<\/b><\/h3>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">If you&#8217;re eyeing a bike, you&#8217;ll also notice a price drop. The <\/span>Cat D COE in May 2025 came in at S$8,709, a 6.4% decrease from S$9,309<span style=\"font-weight: 400;\">. Motorcycle demand tends to be more sensitive to price, and this drop suggests there may have been fewer bidders than usual.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-will-prices-keep-climbing\" class=\"wp-block-heading\"><b>Will prices keep climbing?<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">It\u2019s tough to say for sure, but there are some hints. Although COE quotas are higher this quarter, it hasn\u2019t helped bring prices down yet. Many believe the <\/span>high number of unsuccessful bids in Cat A may keep prices up for now. On the other hand, Cat B prices might cool down, especially if buyer interest eases.<\/p>\r\n\r\n\r\n\r\n<p>Also, once all the Expo-related purchases are completed, some dealers think a price dip could happen<span style=\"font-weight: 400;\">. But with more COE expiries on the horizon, especially for Cat A, the upward pressure may stick around longer.<\/span><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re planning to buy a car, you&#8217;ve probably noticed how much Certificate of Entitlement (COE) prices have changed lately. In the most recent bidding round on May 7, 2025, several categories saw prices climb again. This round was also the first under the May\u2013July 2025 quota period, where the number of available COEs increased&hellip;<\/p>\n","protected":false},"author":141,"featured_media":85230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"no","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[57565],"tags":[57158,58489,59421],"persona":[57126],"class_list":{"2":"type-post","12":"entry","13":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cat A COE in May 2025 crosses S$103K \u2013 Here&#039;s why prices rose again - 99.co<\/title>\n<meta name=\"description\" content=\"Cat A May 2025 COE prices hit $103,009, rising 3.5% from April. 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