Jobaaj Stories
The first COE (Certificate of Entitlement) bidding round of April 2025 saw prices go up for most categories, especially for smaller cars and motorcycles. Here's a breakdown of how each vehicle category performed.
Category A – Small Cars (≤1600cc & 130bhp, or up to 110kW)
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💰 Final Price: $97,724
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🔺 Change: Increased by $3,222
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📊 Demand: 2,162 bids for 1,138 COEs
This is the highest price for Category A so far in 2025. The rise is mainly due to growing interest in compact electric cars and pent-up demand after a longer-than-usual break between bidding rounds.
Category B – Bigger Cars (>1600cc or more than 130bhp)
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💰 Final Price: $117,899
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🔺 Change: Up by $1,009
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📊 Demand: 1,200 bids for 760 COEs
Premiums in this category also climbed slightly. Continued interest in mid- to high-end vehicles is pushing prices steadily upwards.
Category C – Commercial Vehicles (Goods & Buses)
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💰 Final Price: $68,782
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🔻 Change: Down by $1,307
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📊 Demand: 382 bids for 267 COEs
Prices fell a little here, offering some relief for logistics and delivery companies, many of whom rely on Category C COEs to renew or expand their fleets.
Category D – Motorcycles
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💰 Final Price: $9,889
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🔺 Change: Increased by $378
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📊 Demand: 603 bids for 517 COEs
Motorcycle COE prices rose slightly, reflecting ongoing demand for two-wheelers, especially among delivery riders and commuters seeking affordable transport.
📈 Market Insight: Why Are Prices Rising?
Industry experts say the increase in Category A COEs is mainly because of:
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High interest in new electric vehicles (EVs)
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A 3-week gap since the last bidding round
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Anticipation of the Car Expo in May, which may drive more buying interest
Although the economy remains uncertain, demand continues to outpace supply in several COE categories.
📅 Upcoming COE Bidding Dates
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April 23, 2025 (Wednesday) – Second bidding for April
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May 7, 2025 (Wednesday) – First bidding for May
