Motorcycle COE Drops by $234 to $10,778 in October 2026 Second Bidding Exercise
Singapore Motorcycle COE Prices Fall 2.12% as 611 Bids Compete for 539 Available Certificates
Singapore's motorcycle Certificate of Entitlement (COE) premium has fallen to $10,778 in the second bidding exercise of October 2026, representing a decrease of $234, or approximately 2.12%, from the previous premium of $11,012.
The latest decline offers some relief to motorcycle buyers in Singapore, although COE premiums remain a significant component of motorcycle ownership costs.
October 2026 Motorcycle COE Bidding Results
The latest motorcycle COE bidding figures are as follows:
| Description | October 2026 Round 2 |
|---|---|
| Motorcycle COE (Category D) | $10,778 |
| Previous COE Premium | $11,012 |
| Price Difference | -$234 |
| Percentage Change | -2.12% |
| COE Quota | 539 |
| Bids Received | 611 |
| Bid-to-Quota Ratio | 1.13 |
With 611 bids received against a quota of 539 certificates, demand exceeded the available quota by 72 bids, resulting in a bid-to-quota ratio of approximately 1.13.
Despite the number of bids exceeding the quota, the motorcycle COE premium declined compared with the previous exercise.
Why Did Motorcycle COE Prices Drop?
Motorcycle COE premiums are determined through Singapore's competitive bidding system, where the final premium depends on bidding demand and the prices bidders are willing to submit.
Although the latest exercise recorded more bids than available certificates, the closing premium was lower than in the previous round.
This highlights an important characteristic of Singapore's COE bidding system: the number of bids alone does not determine whether premiums will rise or fall.
The prices submitted by bidders and the distribution of bidding demand also influence the final premium.
The latest decline may provide some short-term relief, but one bidding exercise is insufficient to establish a sustained downward trend.
What Does the Lower COE Mean for Motorcycle Buyers?
For prospective motorcycle buyers, the $234 reduction in COE premiums could translate into slightly lower on-the-road motorcycle prices, depending on how dealers adjust their selling prices.
However, buyers should understand that motorcycle prices in Singapore consist of several components beyond the COE premium, including:
Motorcycle purchase price and applicable taxes
Registration fees
COE premium
Motorcycle insurance
Road tax and other ownership expenses
Dealers may also adjust their motorcycle selling prices based on existing inventory, promotional packages and prevailing market conditions.
Therefore, a reduction in COE premiums does not necessarily mean that every motorcycle model will become cheaper by the same amount.
Should Buyers Wait for Motorcycle COE Prices to Drop Further?
With motorcycle COE premiums falling to $10,778, some buyers may wonder whether they should proceed with their purchases or wait for further reductions.
However, predicting future COE premiums remains challenging.
Future prices will depend on factors such as bidding demand, available quotas and overall motorcycle market conditions.
Buyers who urgently require a motorcycle for daily commuting may prefer to evaluate the total ownership cost rather than attempting to time the lowest possible COE premium.
Those who are not in a hurry may choose to monitor upcoming bidding exercises before making their purchase decisions.
How Will This Affect the Used Motorcycle Market?
Changes in motorcycle COE premiums can also influence Singapore's used motorcycle market.
When COE premiums remain relatively high, pre-owned motorcycles with substantial remaining COE validity may continue to attract buyers seeking alternatives to purchasing new motorcycles.
However, a lower COE premium could make certain new motorcycle packages more attractive, depending on dealer pricing.
For used motorcycle buyers, it remains important to compare the asking price, remaining COE validity, motorcycle condition, mileage and maintenance history before committing to a purchase.
What to Expect in the Next Motorcycle COE Bidding Exercise
The latest October 2026 Round 2 results show that motorcycle COE premiums can decline even when the number of bids exceeds the available quota.
Whether the premium continues to fall or rebounds in the next exercise will depend on future bidding activity and market demand.
Motorcycle buyers and sellers should continue monitoring COE developments to make more informed decisions.
Stay Updated with SGBikeMart
Stay informed about the latest Singapore motorcycle COE prices, bidding results, motorcycle news and market trends with SGBikeMart.
Whether you are purchasing a new motorcycle, searching for a used bike or planning to sell your existing motorcycle, SGBikeMart helps you explore your options in Singapore's motorcycle market.
Visit https://sgbikemart.com.sg for motorcycle listings, dealer information and the latest motorcycle news.
Note: COE premiums exclude GST. Bidding figures are based on the supplied October 2026 Round 2 results.