Singapore's Cat A COE premium for cars hits new record of S$119,003; Cat B price climbs to highest since Oct 2023

The hike in COE premiums came after the announcement that rebates for EVs will be cut in 2026. - RAYMOND WONG

SINGAPORE: Certificate of entitlement (COE) premiums for cars continued to climb on Sept 17, with surging demand for electric vehicles (EVs) driving the price of smaller car COEs to a new high of S$119,003 (US$93,085).

A COE is required to register a new vehicle in Singapore, and the cost of the certificate is usually included in the price of the vehicle.

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Singapore , cars Cat A COE premium new record of S$119 , 003; Cat B price highest since Oct 2023

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