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April 2026 2nd COE Bidding Results: Prices Hit New Highs – Should You Buy or Sell Now?

The latest Certificate of Entitlement (COE) results for April 2026 2nd bidding are out — and the trend is clear:COE prices have surged to new highs across most categories.

After several consecutive increases since March, this latest round reinforces a strong upward trajectory, with some categories reaching fresh peak levels in recent months.



COE Results Comparison (April 2026)

Category

April 2026 1st Bidding

April 2026 2nd Bidding

Difference

CAT A

$118,000

$123,010

⬆ +$5,010

CAT B

$121,000

$121,001

⬆ +$1

CAT C

$80,001

$83,501

⬆ +$3,500

CAT E

$121,001

$125,002

⬆ +$4,001

Key takeaway:

  • CAT A and CAT E led the surge, showing strong demand

  • CAT C also climbed significantly, reflecting increased commercial activity

  • CAT B stabilised, but remains at a high level


Market Trend: Continuous Uptrend Since February

Looking at the broader movement:

  • February: Market dipped to lower levels

  • March: Gradual recovery across both biddings

  • April: Sharp and sustained increases across consecutive exercises

This marks a clear multi-bidding uptrend, with prices rising consistently over time.

Such patterns typically indicate:

  • Strong underlying demand

  • Increased buyer urgency

  • Tight supply in the COE quota


Should You Buy or Sell Now?

For Sellers: Strong Opportunity Window

With COE prices reaching new highs:

  • Used car values are likely to increase further

  • Buyers are more willing to pay due to rising replacement costs

  • High demand improves chances of securing competitive offers

If you are planning to sell:

  • This is a favourable window to maximise your car’s value

  • You can potentially upgrade while market demand remains strong

For Buyers: Proceed with Caution

For buyers, the situation is becoming more challenging:

  • Prices have increased for multiple consecutive biddings

  • Entering now may mean buying near short-term peaks

  • However, delaying could still expose you to further increases

Recommended approach:

  • If your need is urgent, secure a deal early

  • If flexible, monitor the next bidding for signs of stabilisation


What to Expect in the Next COE Bidding?

Given the current momentum, here are possible scenarios:

  1. Continued Upward Pressure

If demand remains strong, prices may continue to climb, especially for CAT A and CAT E.

  1. Temporary Stabilisation

After multiple increases, the market may experience a short pause as buyers reassess budgets.

  1. Increased Volatility

At high price levels, bidding behaviour can become less predictable, leading to fluctuations.

Overall, the market remains bullish in the short term, but caution is warranted at these elevated levels.


Tips to Stay Updated and Predict COE Trends

To navigate the COE market effectively:

  • Track Multi-Bidding Trends

Consistent increases across several exercises indicate strong momentum.

  • Focus on Key Categories

CAT B and CAT E often reflect broader market sentiment and premium demand.

  • Monitor Demand Indicators

Dealer activity, showroom traffic, and promotional campaigns provide useful signals.

  • Understand Market Cycles

COE trends often follow seasonal demand patterns and economic sentiment.

  • Check Your Car Valuation Regularly

Having up-to-date valuation allows you to act quickly in a rising market.


The April 2026 2nd bidding results confirm that COE prices are not just rising — they are accelerating.


For sellers, this is a prime opportunity to secure strong returns.For buyers, careful timing and strategy are increasingly important in a competitive market. As always, staying informed and acting decisively will help you achieve the best outcome in Singapore’s dynamic COE landscape. If you are considering selling, upgrading, or exploring your options, now is the time to review your strategy.


SGCARDEALS is proud to be recognised among Statista’s Top 100 Fastest-Growing Companies, a testament to our commitment in delivering trusted results and value to our customers. GET FREE CAR VALUATION NOW

 
 
 

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