COE premiums declined across all major categories in the first bidding exercise of 2026, with Categories A and B both falling by approximately 3-4% from December 2025 levels.
Latest COE Prices (January 2026 1st Bidding)
| Category | Current Price | Previous Price (Dec 2025) | Change | % Change | Quota | Bids Received |
|---|---|---|---|---|---|---|
| Category A (Cars ≤1,600cc & ≤97kW) | $102,009 | $105,413 | -$3,404 | -3.2% | 1,285 | 1,658 |
| Category B (Cars >1,600cc or >97kW) | $119,100 | $123,900 | -$4,800 | -3.9% | 824 | 1,128 |
| Category C (Goods Vehicles & Buses) | $75,503 | $76,501 | -$998 | -1.3% | 287 | 394 |
| Category D (Motorcycles) | $8,689 | $8,289 | +$400 | +4.8% | 544 | 639 |
| Category E (Open) | $122,000 | $123,000 | -$1,000 | -0.8% | 278 | 528 |
Next Bidding Exercise: January 19-21, 2026
Category A: Small Cars
Current Premium: $102,009
Price Movement
- Month-on-month: -$3,404 (-3.2%)
- Year-on-year: +$8,310 (+8.9%) vs January 2025 ($93,699)
Historical Context
- All-time high: $128,105 (October 2025)
- All-time low: $18,502 (January 2010)
- 16-year average: $59,904
- Current vs average: +70.3%
Top 5 Highest Prices (Category A)
- $128,105 – October 2025
- $122,000 – October 2025
- $119,003 – September 2025
- $110,002 – November 2025
- $109,501 – December 2025
Recent Annual Averages
- 2022: $75,809
- 2023: $94,538
- 2024: $90,495
- 2025: $102,912
Bidding Statistics
- Quota: 1,285 COEs
- Bids received: 1,658
- Successful bids: 1,284
- Success rate: 77.4%
Category B: Larger Cars
Current Premium: $119,100
Price Movement
- Month-on-month: -$4,800 (-3.9%)
- Year-on-year: -$2,401 (-2.0%) vs January 2025 ($121,501)
Historical Context
- All-time high: $150,001 (October 2023)
- All-time low: $19,190 (January 2010)
- 16-year average: $71,440
- Current vs average: +66.8%
Top 5 Highest Prices (Category B)
- $150,001 – October 2023
- $146,002 – October 2023
- $141,000 – October 2025
- $140,889 – September 2023
- $136,890 – September 2025
Recent Annual Averages
- 2022: $100,946
- 2023: $121,801
- 2024: $103,730
- 2025: $120,748
Bidding Statistics
- Quota: 824 COEs
- Bids received: 1,128
- Successful bids: 821
- Success rate: 72.8%
Category Comparison
Price Gap Narrowing
The premium gap between Categories A and B has narrowed significantly:
| Period | Category A | Category B | Gap | B Premium over A |
|---|---|---|---|---|
| January 2025 | $93,699 | $121,501 | $27,802 | +29.7% |
| December 2025 | $105,413 | $123,900 | $18,487 | +17.5% |
| January 2026 | $102,009 | $119,100 | $17,091 | +16.8% |
Year-on-Year Performance
Category A premiums increased 8.9% year-on-year, while Category B declined 2.0%, marking a divergence in market trends between smaller and larger vehicles.
Next Bidding Exercise
Dates: January 19-21, 2026
Quotas:
- Category A: 1,301
- Category B: 803
- Category C: 283
- Category D: 538
- Category E: 299
