COE

Commercial vehicle COE likely to breach S$100,000; mainstream car premiums to remain elevated

EV demand, high diesel prices and short supply will continue driving upward pressure: observers

For the Open category (Category E), the premium fell slightly by 0.8%, from S$130,000 to S$129,000.

COE: Commercial vehicle premium hits all-time high of $94,000, surpassing previous record at last tender

There is only a S$980 difference between the premiums for Categories A and B

Ordinary people need cars. Yet, the fundamental flaw of the COE system is that it ignores this human element.
THINKING ALOUD

How to fix the COE system

What kind of COE you bid for should depend on what kind of person you are

Heavy vehicle demand to serve major construction projects has helped drive Category C COE premiums to new heights.

Policy changes, construction demand push commercial vehicle COE premiums to new record

Big infrastructure projects and changing policy keep Category C high, which could disadvantage smaller players

Demand for electric heavy commercial vehicles has driven the Certificate of Entitlement premium to new heights, say industry observers.

Commercial vehicle COE premium up 5.4% at record high of S$92,223

Category B hits a six-month high, while Category A is the only premium to dip

The Category A COE, at S$124,790, is edging closer to its all-time high of S$128,105.

COEs for large cars up 4.3% at S$126,236, mainstream cars near S$125,000

All premiums rise in May’s first round; LTA urges prudent bidding

Electric vehicles and the changed dynamics of mainstream and luxury car segments mean Certificates of Entitlement should not be used to classify cars.
THINKING ALOUD

Is it time to scrap COE categories for cars? 

Let the COE system control population and rely on other, better instruments to manage access to mass market vehicles 

Chinese giant BYD registered 3,239 units, or nearly one in four (24.3 per cent) total registrations.

EVs form about 60% of car registrations in Singapore; BYD accounts for nearly 1 in 4 new cars

Three other Chinese brands joined BYD for the first time in the top 10 selling car brands here

Industry observers attributed Category A's rise in premiums to the strong demand for electric vehicles.

COEs: Mainstream car category tops bidding at S$123,010 as demand ‘just too strong’

Category A rises 4.2%, and closes in on its all-time high of S$128,105 last October