June 2026 COE bidding saw premiums for Category A and B fall by over $2,000 and $3,400 respectively. While the Open Category remained stable at $129,002, the cooling demand in car categories offers a slight reprieve for prospective buyers.
Electric vehicle registrations reached a significant milestone in May 2026, capturing over 68% of the total car market. BYD remains the undisputed leader while brands like Xpeng and Zeekr gain ground.
Singapore recorded 7,738 vehicle deregistrations in May 2026, driven by high scrap rates in Category A. This volume suggests a potentially healthy COE quota for the upcoming quarter as 10-year cycles conclude.
Total Cars
22,353
Electric
13,591
Hybrid
7,456