Motorcycle COE July 2026 Round 1 Closes At S$10,201 – Premium Crosses S$10,000 Again
Singapore's first Motorcycle Certificate of Entitlement (COE) bidding exercise for July 2026 ended with the premium climbing above the S$10,000 mark once again.
The Category D (Motorcycle) COE closed at S$10,201, an increase of S$212 compared to the previous bidding exercise, where the premium stood at S$9,989. This also marks the first motorcycle COE in July 2026 to exceed the S$10,000 threshold, reflecting continued healthy demand from both new motorcycle buyers and those renewing their existing motorcycles.
Motorcycle COE Bidding Statistics
The latest bidding exercise recorded:
- Quota Available: 530
- Total Bids Received: 677
- Oversubscription Rate: Approximately 1.28 bids per COE
The figures show demand continuing to exceed supply, contributing to the upward movement in premiums.
Why Did Motorcycle COE Increase?
Several factors continue to support motorcycle COE prices:
Strong demand for daily commuting
Motorcycles remain one of Singapore's most affordable and efficient transport options, especially with rising car ownership costs.
Continued replacement demand
Many riders whose motorcycles are reaching the end of their COE are opting to renew or purchase replacement motorcycles, maintaining steady demand.
Limited quota
Although quota levels fluctuate each bidding exercise, supply remains relatively tight compared to demand, resulting in competitive bidding.
What This Means For Motorcycle Buyers
For buyers planning to purchase a new motorcycle, the latest increase means dealers may gradually adjust on-the-road prices over the coming weeks.
For buyers looking at the used motorcycle market, higher COE prices generally help support used motorcycle values, particularly for newer models with longer remaining COE.
However, the S$10,201 premium remains well below Singapore's historical motorcycle COE record, suggesting the market is still relatively stable despite recent increases.
Should You Buy Now?
If you're planning to purchase a motorcycle within the next few months, delaying solely in hopes of significantly lower COE premiums may not always pay off.
Motorcycle COE prices have generally remained within a relatively narrow range throughout 2026, and future movements will largely depend on bidding demand and upcoming quota allocations.
For buyers who find the right motorcycle at a competitive price, purchasing sooner rather than waiting for uncertain COE movements may still be the more practical decision.
Looking Ahead To July 2026 Round 2
The second motorcycle COE bidding exercise in July will be closely watched to determine whether premiums remain above the S$10,000 level or stabilise after this increase.
With demand continuing to exceed available quota, motorcycle buyers should expect the market to remain competitive in the near term.
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