Category A Certificates of Entitlement (COE) premiums in Singapore closed at SGD 123,847 in the bidding exercise on June 17, 2026, down 1.7% from SGD 126,009 in the previous round. The premium for Category B fell 2.7% to SGD 123,502 from SGD 126,989, marking the third time in four months that Category A premiums exceeded Category B's level [1, 2, 3, 4].

Electric vehicles (EVs) have driven increased demand in Category A because many can have their motor outputs tuned to qualify for this bracket, rather than Category B, which is for larger engine cars. Associate Professor Walter Theseira from Singapore University of Social Sciences explained, "The larger number of EVs in Category A has pushed up demand for such certificates, bringing the Category A premium closer to – and occasionally above – Category B’s. I expect the trend... to recur until the LTA completes its review this year" [5]. Soh Ming, founder of Volt Auto, said, "If you zoom out...prices are still going up. Demand for Category A COEs is outstripping that for Category B ones because of EVs" [3].

Other COE categories mostly saw price falls. The commercial vehicles Category C premium dropped 1.1% to SGD 93,001 from a record high of SGD 94,000. Category D (motorcycles) premiums decreased slightly by 0.1% to SGD 9,989 from SGD 10,000. Meanwhile, the Open category (E) premium edged up SGD 2 to SGD 129,002 [1, 2, 3].

Motor traders attributed the overall small dip in premiums partly to weaker demand during the June holiday period and slower sales following The Car Expo held in early May. Volvo at Wearnes Automotive's Corinne Chua noted, "The tender coming about a month after The Car Expo...was another factor, as many buyers would have placed their orders there. Sales also slowed in the weeks after" [5].

Singapore's Land Transport Authority (LTA) issues COEs twice monthly and is currently reviewing the COE system and car categorisation. The review is expected to finish by the end of 2026 [3, 4, 5].

In the June 17 exercise, 4,462 bids were received for 3,219 available COEs [1]. The trend of Category A premiums surpassing Category B is expected to continue until the LTA completes its review later this year [5].