Singapore COE Results for 23 September 2026: Prices, Bids and Quotas

Singapore’s second Certificate of Entitlement (COE) bidding exercise of September 2026 closed on 23 September with lower premiums in every vehicle category. The two car categories remained close: Category B’s S$133,000 premium was only S$1,110 above Category A’s S$131,890. 1011

Premiums and bidding results by category

The comparison is with the previous exercise, which closed on 9 September. Bids received and available COEs refer only to the 23 September exercise. 101721

Category	23 Sep premium	Previous premium	Change	Bids received	COEs available
A — smaller, less powerful cars	S$131,890	S$133,009	Down S$1,119	1,507	1,193
B — larger, more powerful cars	S$133,000	S$135,001	Down S$2,001	1,135	927
C — goods vehicles and buses	S$92,144	S$93,101	Down S$957	532	318
D — motorcycles	S$12,201	S$12,556	Down S$355	605	522
E — open category, excluding motorcycles	S$137,000	S$137,890	Down S$890	431	269
Total bids and available COEs	—	—	—	4,210	3,229

The premiums, changes, bids and exercise quotas are reported in the 23 September results; the previous premiums are also recorded in reporting ahead of this exercise. 101217 Category B had the largest dollar decline, at S$2,001. Category A’s previous premium of S$133,009 had been a record high, so its S$1,119 drop still left it near that level. 104

How the three-month quota differs from this exercise’s supply

LTA set an August–October 2026 quota of 19,085 COEs across the period’s bidding exercises. The 3,229 COEs in the table were available in the 23 September exercise alone; the figures measure different time spans and should not be compared as if they were competing totals. 1615

What LTA said about prices and the car categories

LTA said COE prices remained elevated even after falling across the categories. The Business Times also reported that the authority was considering greater differentiation between car categories as Category A and B premiums drew closer; the report does not establish that a category change had been decided. 11

There is an important distinction in accounts of the bidding timetable. LTA’s schedule identifies a three-week interval between the 19 August and 9 September exercises. The 9 September exercise itself ran from 7 to 9 September, rather than accepting bids for three weeks. The 23 September results therefore should not be explained as an effect of a three-week-long bidding period. 2124