June 2026 2nd COE Bidding Results: First Drop After Months of Increases – Is This the Turning Point?

The June 2026 2nd COE bidding results are out — and for the first time in months,the market has finally shown a noticeable pullback.

After a strong and consistent uptrend from March through May, this latest result signals a potential shift in market direction, with key categories experiencing declines.

COE Results Comparison (June 2026)

Category	June 2026 1st Bidding	June 2026 2nd Bidding	Difference
CAT A	$126,009	$123,847	⬇ -$2,162
CAT B	$126,989	$123,502	⬇ -$3,487
CAT C	$94,000	$93,001	⬇ -$999
CAT E	$129,000	$129,002	⬆ +$2

Key Highlights:

• CAT A and CAT B dropped significantly, indicating cooling demand

• CAT C saw a slight dip, but remains at historically high levels

• CAT E stayed stable, showing continued demand for open category

Market Trend: From Strong Rally to First Correction

Looking at the bigger picture:

• February: Market bottomed out

• March to May: Continuous and strong price increases

• Early June: Signs of stabilisation

• Late June: First clear drop across multiple categories

This marks a potential turning point:

• Buyers may be reaching affordability limits

• Resistance at high price levels is becoming more evident

• Market sentiment is shifting from aggressive to cautious

Should You Buy or Sell Now?

For Sellers: Still a Good Time, But Window Narrowing

Although prices have dipped:

• COE levels are still near recent highs

• Used car values remain strong

• Demand has not disappeared — only softened slightly

What you should do:

• Consider selling soon before further declines

• Take advantage of still-high valuations

• Avoid waiting too long if the downtrend continues

For Buyers: Opportunity May Be Coming

This drop is important for buyers:

• It could be the start of a price correction phase

• Waiting may give you better entry points

• Less aggressive bidding may reduce competition

Recommended strategy:

• Monitor the next 1–2 biddings closely

• Look for continued downward trend

• Be ready to act when prices stabilise

What to Expect in the Next COE Bidding?

Based on current signals:

Continued Correction

If buyer resistance continues, prices may drop further.

Short-Term Rebound

Some buyers may re-enter, causing temporary price recovery.

Sideways Movement

Market could stabilise as buyers and sellers adjust expectations.

Overall outlook: Market entering a cooling phase after months of strong growth

Tips to Stay Updated & Predict COE Trends

To stay ahead in a shifting market:

✔ Watch Consecutive Drops

One drop is a signal — multiple drops confirm a trend.

✔ Track CAT B Closely

CAT B often leads overall market direction.

✔ Monitor Market Sentiment

Less aggressive bidding indicates cooling demand.

✔ Avoid Single-Result Decisions

Always analyse trends across multiple biddings.

✔ Get Regular Car Valuation

Stay ready to act before the market shifts further.

Final Thoughts

The June 2026 2nd bidding results mark a key moment:👉 The first real drop after months of continuous increases.

This could signal the beginning of a market correction phase.

For sellers, the window to maximise value is still open — but narrowing.For buyers, patience may soon be rewarded with better opportunities.

Thinking of selling or upgrading your car?

Now is the time to act before the market shifts further.

SGCarDeals is proud to be recognised among Statista’s Top 100 Fastest-Growing Companies, ranking #14 in Singapore — a testament to our trusted results and growing customer base.