May 2026 2nd COE Bidding Results: Prices Surge to New Peaks – Is the Market Overheating?

The May 2026 2nd COE bidding results are out, and the trend is unmistakable — COE prices are hitting new highs, with continued strong upward momentum.

While some categories showed slight moderation, others surged aggressively, pushing the market into what many may consider a high-price zone.

COE Results Comparison (May 2026)

Category	May 2026 1st Bidding	May 2026 2nd Bidding	Difference
CAT A	$124,790	$124,229	⬇ -$561
CAT B	$126,236	$129,501	⬆ +$3,265
CAT C	$87,479	$92,223	⬆ +$4,744
CAT E	$127,700	$130,000	⬆ +$2,300

Key Highlights:

• CAT B broke $129K, signalling strong demand for bigger cars

• CAT C surged sharply, reflecting increased commercial activity

• CAT E reached $130K, a new psychological benchmark

• CAT A saw a slight dip, but remains at elevated levels

Market Trend: Multi-Month Uptrend Still Intact

Looking at the overall pattern since February:

• February: Market bottomed out

• March: Recovery phase

• April: Strong upward momentum

• May: Continued surge with new highs

This confirms a sustained uptrend across multiple bidding cycles, driven by:

• Strong buyer demand

• Limited COE supply

• Increased urgency in the market

Even with a small dip in CAT A, the overall market direction remains firmly upward.

Should You Buy or Sell Now?

For Sellers: Peak Opportunity Window

With COE prices at or near record levels:

• Used car prices are likely at their strongest

• Buyers are paying more due to high replacement costs

• Demand remains resilient across most segments

What you should do:

• This is an excellent time to sell and maximise your returns

• Take advantage before any potential cooling or stabilisation

• Ideal for those considering upgrading or cashing out

For Buyers: High-Risk Entry Point

For buyers, caution is key:

• Prices have risen consistently over several months

• You may be entering at or near peak levels

• Market could either continue rising or stabilise soon

Recommended strategy:

• Buy only if necessary or urgent

• Consider waiting for signs of stabilisation

• Monitor CAT A closely for early signals of cooling

What to Expect in the Next COE Bidding?

Based on current momentum:

1. Possible Continued Increase

Strong demand may push CAT B and CAT E even higher.

2. Early Signs of Stabilisation

The dip in CAT A could indicate the market is testing resistance.

3. Increased Volatility

At high price levels, bidding behaviour may become unpredictable.

Overall outlook: Uptrend remains, but market may be approaching a turning point

Tips to Stay Updated & Predict COE Trends

To stay ahead in the COE market:

• Watch Consecutive Trends

Multiple increases signal strong momentum, but also potential peak zones.

• Focus on Key Indicators

CAT B and CAT E often lead the market direction.

• Monitor Market Behaviour

Sudden dips (like CAT A) may signal early shifts.

• Understand Demand Cycles

Buyer urgency and supply constraints drive price movements.

• Get Regular Car Valuations

Knowing your car’s value helps you act quickly in peak conditions.

Final Thoughts

The May 2026 2nd bidding results highlight one key takeaway: COE prices are at extreme highs, with momentum still present. For sellers, this is a prime opportunity to secure maximum value.For buyers, careful timing is crucial to avoid overpaying. As the market approaches potential resistance levels, staying informed and acting strategically will be more important than ever.

Thinking of selling or upgrading your car?

Now could be the best time to act while prices are at peak levels.

SGCARDEALS is proud to be recognised among Statista’s Top 100 Fastest-Growing Companies, ranking #14 in Singapore and #48 in Asia-Pacific — a testament to our trusted service and growing customer base.

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