If you’ve been waiting for the right moment to own a car in Singapore, June 2025 has brought some good news. The Singapore COE prices June 2025 have seen a noticeable drop across several categories, making car ownership slightly more affordable for many.
Let’s break down the latest COE bidding results and what they mean for potential buyers.
What is COE and Why Does It Matter?
Before diving into the numbers, here’s a quick refresher:
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COE stands for Certificate of Entitlement
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It’s a license that allows a person to own and operate a vehicle in Singapore for 10 years
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COE prices are determined through a competitive bidding process, held twice a month
Since COE is a major cost component of buying a vehicle, any change in price significantly impacts car ownership decisions.
June 2025 COE Bidding Singapore: Key Results
Here’s how the Singapore COE prices June 2025 shaped up in the latest bidding round:
| COE Category | Previous Price (May 2025) | June 2025 Price | Change |
|---|---|---|---|
| Category A (Cars ≤ 1,600cc & 130bhp) | S$85,000 | S$80,500 | ↓ S$4,500 |
| Category B (Cars > 1,600cc or >130bhp) | S$110,000 | S$105,000 | ↓ S$5,000 |
| Category C (Goods vehicles & buses) | S$75,500 | S$74,000 | ↓ S$1,500 |
| Category E (Open category) | S$115,000 | S$110,500 | ↓ S$4,500 |
What’s Driving the Drop in COE Prices?
Several factors are contributing to this downward trend:
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A higher COE quota was released this month, leading to less competition
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Demand from buyers has slowed as many wait for further price adjustments
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Macroeconomic factors, including cautious consumer sentiment amid uncertain economic conditions
This shift could be a strategic window for those eyeing car ownership soon.
Is Now a Good Time to Buy a Car?
The dip in Singapore COE prices June 2025 suggests:
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Lower upfront costs for new car buyers
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Potentially better deals from dealerships keen to move inventory
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However, COE prices can be volatile, so it’s wise to balance timing with your actual needs
If you’ve been holding back due to high COE prices, June’s figures might just tip the scales.
COE Bidding Singapore – What to Expect Next?
Looking ahead:
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The next COE bidding Singapore round is scheduled in two weeks
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Analysts expect prices to remain stable or dip slightly further, depending on quota adjustments and demand patterns
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Industry watchers suggest monitoring the Open Category (E), as it often signals broader price movements
FAQs
What are the latest Singapore COE prices June 2025 for cars under 1,600cc?
In June 2025, COE for Category A (cars under 1,600cc and 130bhp) dropped to S$80,500, down from S$85,000 in May 2025.
Why are COE prices falling in Singapore?
COE prices are falling mainly due to a larger quota being made available and weaker demand in the latest bidding rounds.
How does COE bidding Singapore work?
COE bidding Singapore operates as an open auction where potential vehicle owners bid for a limited number of certificates. The highest bidders win the COEs.
Will COE prices continue to drop in 2025?
It’s hard to predict with certainty. While the current trend shows a decrease, future prices will depend on vehicle quota releases, demand, and broader economic conditions.
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