Commercial vehicle COE likely to breach S$100,000; mainstream car premiums to remain elevated
June 4, 2026 / /
EV demand, high diesel prices and short supply will continue driving upward pressure: observers
[SINGAPORE] Industry observers predict new highs for commercial vehicle Certificate of Entitlement (COE) premiums this year.
Strong demand for mainstream cars, meanwhile, are expected to keep premiums for that segment high.
Ryan Woon, CEO of EcoSwift, the agent for China commercial vehicle brand Sany in Singapore, believes Category C premiums “will hit S$100,000 for sure”.
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