The Business Times
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NEWS ANALYSIS

Mainstream car COE charges to new record, outstrips luxury category as car show drives demand

Demand concentrated in a high-pressure market; dealers compete for numbers, buyers race to beat incentive cuts

Summarise
Derryn Wong

Derryn Wong

Published Wed, Nov 4, 2026 · 07:13 PM
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    • The mainstream Category A COE has risen to S$139,001, beating the previous record of S$133,009 set in early September.
    • The mainstream Category A COE has risen to S$139,001, beating the previous record of S$133,009 set in early September. PHOTO: YEN MENG JIIN, BT

    [SINGAPORE] The Certificate of Entitlement (COE) premium for mainstream cars increased by 5.3 per cent to set a new record as prices for other categories were generally stable.

    In November’s first round of bidding, which closed at 4 pm on Wednesday (Nov 4), the mainstream Category A rose S$6,997 to S$139,001.

    This handily broke the previous record of S$$133,009 set in early September, and is also higher than both the luxury and open category premiums.

    COEAutomotiveCars

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