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flag Singapore's COE premium hit a record S$128,105 due to high demand before 2026 EV incentive cuts.

flag Singapore’s Certificate of Entitlement (COE) premium for Category A cars hit a record S$128,105 on October 8, up 7.6%, driven by strong demand ahead of reduced EV incentives starting in 2026, a longer gap since the last auction, and a major car roadshow. flag Category B, C, and D premiums also rose, while the open category saw a slight decline. flag The Land Transport Authority noted high competition and growing EV interest, urging buyers to be cautious.

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