SINGAPORE: The latest bidding exercise on Wednesday (Feb 4) ended with certificate of title (COE) premiums falling across the board.

Insurance premiums for Category A cars, i.e. vehicles below 1,600cc and with horsepower not exceeding 130bhp, fell 2.9% to S$106,320 (US$83,700) from S$109,501 last time.

Insurance premiums for larger and more powerful vehicles in category B It fell 8.8% against the Singapore dollar.110,890 From S$121,634.

COE for commercial vehicles, including lorries and buses, decreased by 0.5% to S$.74,801 The previous bid started at S$75,202.

Motorcycle insurance premium closing price S$8,289down 6.4 per cent from the previous exercise of S$8,860.

The open category COE, which can be used for any vehicle type, was ultimately used primarily for large vehicles, and fell by 4%. S$116,000 From S$120,891.

total 4,475 Bids were received for 3,191 quotas. COE is available.

This is the first bidding exercise for the February-April period, and as the Land Transport Authority (LTA) announced in January, overall COE supply during this period is expected to decline compared to the previous three-month period for the first time since 2022.

”“COE prices have eased with recent exercises but are still rising, reflecting sustained demand,” the transport authority said on Wednesday.

“We advise car buyers and dealers to be cautious when bidding on COEs.”

A total of 18,824 COEs will be available over the next three months, down from 18,984 from November 2025 to January 2026.