Category A Certificate of Entitlement (COE) premiums closed at S$126,009 on June 4, 2026, up 1.43% from S$124,229 in the previous exercise and near the last peak of S$128,105 seen in October 2025 [1, 2]. Category B premiums declined 1.94% to S$126,989 from S$129,501 in the last bidding round, narrowing the price gap between Categories A and B to S$980 [1, 2].
The commercial vehicle Category C COE premium hit an all-time high of S$94,000, surpassing the previous record of S$92,223 set at the last tender [1, 2]. Motorcycle COE premiums rose 3.21% to S$10,000 while the Open category (Category E) fell slightly by 0.77% to S$129,000 [1, 2].
Bidders submitted a total of 4,920 bids for 3,215 available COEs in the June 4 exercise [1]. Industry observers attribute the surge in commercial vehicle premiums to ongoing factors such as high diesel prices, limited vehicle supply, and strong demand for electric vehicles [3]. Ryan Woon, CEO of EcoSwift, said Category C premiums "will hit S$100,000 for sure," predicting further price gains later this year [3].
The COE market remains tight as demand outpaces quota by over 1,700 bids. The next tender is scheduled in the coming months, where commercial vehicle COEs may breach the S$100,000 mark for the first time [3].
