February 2026 COE results saw Category B premiums drop by over $5,800, while Category A remained stable above $106,000. Open category bidding intensified significantly, reaching an over-subscription rate of 238.9% in the second round.
Cat A COE closed above Cat B for only the second time in 35 years. The last instance was during the 1998 Asian Financial Crisis. Budget 2026's PARF overhaul, slashing rebate rates and halving the cap to $30,000, hit Cat B's cost of ownership hardest, producing a $1,500 inversion.
Electric vehicles officially claim over half the Singapore car market in January 2026, with BYD leading the charge. Explore the latest trends in fuel types and the overwhelming preference for SUVs.
Total Cars
4,266
Electric
2,355
Hybrid
1,654