June 2025 COE Bidding Round 2: Cat B Jumps $3,670, Most Categories Up Again

COE Bidding Results – 2nd Round, June 2025

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Certificate of Entitlement (COE) prices climbed across most categories in the second bidding round of June 2025, with Category B seeing the sharpest jump of over $3,600. This marks the second consecutive increase since May’s brief dip, raising questions on whether we’re entering another upward phase.

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The only category to buck the trend was Category D (Motorcycles), which saw a slight dip of $400.

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We break down what happened in each COE category - and what buyers should take note of as July PQP rates are now confirmed.

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Category A - Small Cars (≤1600cc & ≤97kW)

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• Premium: $98,124
• Change: 🔺 +$1,125
• Quota: 1,254 bids available | 1,647 received

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Category A premiums rose by $1,125, continuing a steady climb since late May. This puts prices back near the psychological $100K mark, a figure we last saw consistently earlier this year.

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Demand remained high, with more than 1,600 bids submitted - showing that despite economic caution, buyers in this segment are still active, likely driven by COE expiration renewals and small-family car replacements.

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Category B – Large Cars (>1600cc or >97kW)

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• Premium: $116,670
• Change: 🔺 +$3,670
• Quota: 784 bids available | 1,163 received

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Category B saw the largest jump this round, with premiums rising by $3,670 to $116,670 - the highest since mid-March 2024.

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This spike comes despite a relatively modest quota, and may reflect stronger competition among private buyers and parallel importers trying to secure slots before any further upward pressure builds in Q3.

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What’s notable is that the PQP for July in Cat B only increased by $36, suggesting that while demand is rising, longer-term averages are still stabilising.

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Category C – Goods Vehicles & Buses

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• Premium: $65,000
• Change: 🔺 +$3,000
• Quota: 271 bids available | 393 received

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COE premiums for Category C rose by $3,000 - marking a significant rebound after holding steady at $62,000 for two straight rounds.

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This increase aligns with a recurring trend in commercial demand cycles, where fleet buyers often return in waves after a pause. Logistics and SME operators could be re-entering the market ahead of July’s PQP reset, especially since the upcoming PQP is lower at $64,427 - potentially signaling a short window of opportunity.

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Category D – Motorcycles

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• Premium: $8,600
• Change: 🔻 –$400
• Quota: 535 bids available | 605 received

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Motorcycle premiums were the only category to see a dip this round, falling by $400 to settle at $8,600.

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While the number of bids remained strong, the price correction could reflect a cooling-off after May’s spike, as well as the typical fluctuations seen in this category due to smaller premium gaps.

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The PQP for July also dropped slightly to $9,036, offering some relief for riders planning renewals.

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Category E – Open Category (All Vehicles)

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• Premium: $117,501
• Change: 🔺 +$2,999
• Quota: 314 bids available | 497 received

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Open Category premiums rose by just under $3,000, landing at $117,501 - closely tracking the movement in Category B.

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The bulk of demand continues to come from luxury car buyers and dealers who use Open Cat COEs to top up Category B allocations. With supply relatively tight and bidding competition strong, this category is expected to stay volatile through Q3.

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The July PQP rose modestly to $114,619, which could make Open Category renewals slightly more expensive in the coming weeks.

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July 2025 PQP Summary – What It Means for Drivers

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With the second bidding round of June completed, the July 2025 Prevailing Quota Premiums (PQP) have now been finalised.

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• Cat B and E continue to climb, but PQP increases are minimal - suggesting premiums may be near a temporary ceiling.
• Cat C’s lower PQP could prompt more fleet operators to renew rather than replace.
• If you're considering a COE renewal, July may be a window to lock in slightly more favourable rates - especially in the commercial and motorcycle segments.

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COE Trends & What to Expect

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With this round’s premiums increasing across four out of five categories, it’s clear that demand has not eased, especially in Cat B and Open Cat, where supply remains tight.

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This round’s results also mark the second consecutive increase since May - suggesting a possible return to upward pressure heading into Q3, particularly for private passenger vehicles.

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However, the relatively stable PQPs — especially in Cat A and B - indicate that recent jumps may be more reactionary than sustained, possibly driven by short-term dealer activity or buyers locking in before July adjustments.

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If Cat B and E continue this trajectory, we may see premiums test the $118K–$120K range again - especially if replacement demand builds ahead of Q4 launches.

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Thinking About Renewing or Servicing Soon?

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Whether your COE is due for renewal or you’re just keeping your vehicle in top shape - servicing at the right time can make all the difference.

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Come by Sin Ming or Toh Tuck and let our team give your car the attention it deserves.

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Book your next servicing with BCC Automotive today.