In the second Certificate of Entitlement (COE) bidding exercise for April 2025, prices dipped across most categories, while only Categories A and E continued their upward trend. 

Cat A COEs, which are used for cars with internal combustion engines (ICEs) of up to 1,600cc in capacity and have a power output of less than 130hp, as well as electric cars with a power output of up to 110kW, went up by $1,776 to end the bidding exercise at $99,500.

Cat B COEs, which are used for ICE cars that exceed 1,600cc in capacity or have more than 130hp, and electric cars with over 110kW, saw premiums going down by $896 to end at $117,003.

Cat C, which are for goods vehicles and buses, saw prices went down by $3,781 to end the bidding exercise at $65,001.

Cat D, which are reserved for motorcycles, went down by $580 to close at $9,309.

Finally, Cat E, which is open to all vehicles except motorcycles, saw premiums go up by $999 to finish the exercise at $118,001.

Here's a summary of the second COE bidding exercise for April 2025:

*PQP, or Prevailing Quota Premium, is the moving average of COE prices in the last 3 months, and denotes the amount payable in order to renew a car's COE at the end of its tenure.

ben.chia@asiaone.com

No part of this article can be reproduced without permission from AsiaOne.

For more original AsiaOne articles, visit here.