If you’ve been tracking the Singapore COE price trends 2025, you’ll know that drivers have been eagerly awaiting some relief. The latest COE bidding results offer a bit of good news — COE prices have dipped slightly across most categories. Let’s break down what this means for car buyers, especially in a market where car ownership cost SG remains among the world’s highest.
COE Prices 2025 – Latest Bidding Results
The first round of June 2025 bidding brought modest price reductions. Here’s a clear look at how premiums shifted:
| COE Category | Latest COE Price (SGD) | Previous COE Price (SGD) | Change |
|---|---|---|---|
| Category A (Cars ≤ 1600cc & 130bhp) | 84,500 | 86,000 | -1,500 |
| Category B (Cars > 1600cc or 130bhp) | 110,200 | 112,000 | -1,800 |
| Category C (Goods vehicles & buses) | 72,300 | 73,000 | -700 |
| Category D (Motorcycles) | 9,700 | 9,800 | -100 |
| Category E (Open category) | 115,000 | 117,500 | -2,500 |
Why Did COE Prices Fall?
While the drop isn’t huge, several factors contributed:
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Weaker demand, as buyers reconsider the high car ownership cost SG
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Ongoing economic uncertainty, with inflation and interest rate worries
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Slightly higher COE quota released by authorities, influencing Singapore COE price trends 2025
Impact on Car Buyers
If you’re planning to buy a car soon, here’s what the latest COE bidding results mean:
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Slightly lower upfront costs compared to previous rounds
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Possible marginal savings on car loans due to smaller loan sizes
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A good time to monitor prices and time your bid smartly
Tips for COE Bidders
If you’re eyeing the next bidding round:
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Stay updated on Singapore COE price trends 2025
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Set a firm budget, factoring in the full car ownership cost SG
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Consider options like leasing or car sharing if COE prices stay high
FAQs
Why are COE prices still high despite the recent drop?
Although COE prices dipped slightly, demand continues to exceed supply. Taxes, high vehicle costs, and loan restrictions keep the car ownership cost SG elevated.
Will COE prices continue to drop in 2025?
It’s uncertain. Unless demand softens further or more COEs are released, the slight easing seen in the latest COE bidding results may not translate into sustained drops.
Is it better to wait for future bidding exercises?
The recent changes have been modest. Unless major economic or policy shifts happen, waiting may not lead to significant savings.
What strategy should first-time COE bidders adopt?
Monitor Singapore COE price trends 2025 closely, set your bid limit, and be prepared to skip a round if prices climb. Seek advice from experienced dealers or brokers.
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