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Singapore car market

Market overview

COE Category A · first bidding, November 2026

$139,001+5.3% · +$6,997
24-exercise low $102,009Highest in 24 exercisesHigh $139,001

October's 4,202 new cars were 3.2% fewer than September's, the fewest since February 2026, and battery-electric cars were 59.6% of them.

Source: LTA via DataMall. Registrations to October 2026; COE to the first bidding, November 2026.

Key numbers

COE Category B
$132,334
+0.3% · first bidding, November
PQP Category A, November
$129,883
+0.9% vs October
PQP Category B, November
$131,819
+0.2% vs October
New cars, October
4,202
−3.2% vs September · 45,188 in 2026
Battery-electric share
59.6%
−5.5 pts vs September
Deregistrations, October
7,155
+1.4% vs September
  • COE premiums
  • PQP renewal rates
  • New cars by fuel type
  • Top makes
  • Off the road and on it

Source: LTA via DataMall. Changes are against the previous month or exercise.

Figure 1 · Certificate of Entitlement

COE premiums, all five categories

Category A rose 5.3% to $139,001, the highest of the 24 exercises shown; Categories B to E each moved by less than 1%.

All COE results
  • Category A+5.3%Cars up to 1,600cc and 130bhp$139,001Low $102,009High $139,001
  • Category B+0.3%Cars above 1,600cc or 130bhp$132,334Low $105,001High $135,001
  • Category C−0.2%Goods vehicles and buses$92,000Low $74,801High $95,000
  • Category D−0.8%Motorcycles$10,689Low $7,989High $12,556
  • Category E+0.2%Open category$135,998Low $112,890High $137,890

Source: LTA via DataMall · Quota premium at the close of each of the last 24 exercises, November 2025 to November 2026. Each category has its own scale. Select a category to open its results.


COE renewal

Prevailing quota premium, November 2026

Renewing a Category A COE for 10 years costs $129,883 in November, 0.9% more than in October; Category D moved most, +2.1%. LTA publishes no PQP for Category E.

PQP rates
Category A · Cars up to 1,600cc and 130bhp
$129,883
+0.9% vs October · 5-year $64,942
Category B · Cars above 1,600cc or 130bhp
$131,819
+0.2% vs October · 5-year $65,910
Category C · Goods vehicles and buses
$91,814
−0.9% vs October
Category D · Motorcycles
$11,392
+2.1% vs October

Source: LTA · Three-month moving average of quota premiums, set by LTA. The 5-year renewal is half the PQP and applies to Categories A and B.


Figure 2 · Registrations

New cars by fuel type, last 12 months

Electric cars were 59.6% of October's 4,202 registrations, down from 65.1% in September; petrol-only cars were 5.9%.

All fuel types
  • Electric
  • Petrol-electric hybrid
  • Plug-in hybrid
  • Petrol

Source: LTA via DataMall · New car registrations by month, zero-based. Diesel and other fuels are a few cars a month and not shown. Hover or tap a month for counts.


Figure 3 · Makes

Top 10 makes, 2026 to date

BYD registered 11,247 cars from January to October 2026, 24.9% of the market and more than twice TOYOTA's 5,278.

All 63 makes
  • BYD logoBYD#111,24724.9% · +32.0% on 2025
  • TOYOTA logoTOYOTA#25,27811.7% · −11.4% on 2025
  • TESLA logoTESLA#34,4909.9% · +62.7% on 2025
  • MERCEDES BENZ logoMERCEDES BENZ#42,7896.2% · −31.0% on 2025
  • BMW logoBMW#52,4445.4% · −43.3% on 2025
  • HONDA logoHONDA#62,1474.8% · −44.9% on 2025
  • CHERY logoCHERY#72,0144.5% · +255.8% on 2025
  • GAC logoGAC#81,7333.8% · +111.3% on 2025
  • MG logoMG#91,7143.8% · +132.6% on 2025
  • XPENG logoXPENG#101,3062.9% · +77.4% on 2025

Source: LTA via DataMall · New car registrations, January to October 2026; change against the same months of 2025. Bars show the last 12 months, each make on its own scale.


Figure 4 · Deregistrations and vehicle population

Off the road and on it

Category A made up 44.5% of the 7,155 vehicles deregistered in October 2026 and Category B a further 35.6%. Petrol vehicles were 65.0% of those on the road at the end of 2025.

Deregistered, October 2026

7,155 vehicles, all types · change on October 2025

  • Category A3,186 · +19.2%
  • Category B2,546 · +26.6%
  • Category C600 · −20.9%
  • Category D589 · −8.1%
  • Taxis132 · +120.0%
  • Exempt from VQS102 · −40.7%
All deregistrations

On the road, end of 2025

984,763 vehicles · +0.5% on 2024

Vehicles by fuel type
  • Petrol65.0%
  • Diesel15.6%
  • Petrol-Electric13.2%
  • Electric5.8%
  • Petrol-Electric (Plug-In)0.2%
  • Others0.0%

Share of vehicles on the road at 31 December 2025, by fuel type as LTA records it.

Source: LTA via DataMall (deregistrations, all vehicle types, so not directly comparable with car registrations); LTA annual vehicle population.

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Common questions

All vehicle registration and COE data comes from Singapore's Land Transport Authority (LTA), through LTA DataMall. We process and format that data into the charts and tables on this site.

Car registration data is updated monthly, following LTA's official data releases. COE results follow each bidding exercise: LTA holds two a month, opening at 12pm on the first and third Monday and closing at 4pm on the third day.

A Certificate of Entitlement (COE) is a quota licence required to own a vehicle in Singapore. It gives the holder the right to register, own and use a vehicle for 10 years. The COE system was introduced in May 1990 to control vehicle population growth.

There are five: Category A (cars up to 1,600cc and 130bhp, or electric cars up to 110kW), Category B (cars above 1,600cc or 130bhp, or electric cars above 110kW), Category C (goods vehicles and buses), Category D (motorcycles) and Category E (an open category for any vehicle type).

From January to October 2026, BYD led with 11,247 registrations, ahead of TOYOTA (5,278) and TESLA (4,490). Source: LTA. The top makes section on this page ranks makes by new car registrations so far this year, with each make's share. The Makes page ranks every make for the month, the year to date or the last 12 months.
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