April 2026 COE Results: First Exercise Rises Across All Categories
The 8 April exercise lifted all five premiums. Compare the verified changes from March’s second exercise and separate results from explanations.
All five COE categories rose in the first April 2026 exercise, which closed on 8 April. Category A reached $118,000 and Category B $121,000. This report describes that historical exercise, not the latest available price.
| Category | Premium | Quota | Bids received |
|---|---|---|---|
| A | S$118,000 | 1,265 | 2,537 |
| B | S$121,000 | 811 | 1,406 |
| C | S$80,001 | 295 | 539 |
| D | S$10,000 | 534 | 657 |
| E | S$121,001 | 245 | 475 |
This table reads the results database. Exercise identity is year, month and round; an estimated historical closing day is not presented as verified.
Changes from the previous exercise
| Category | March second exercise | April first exercise | Change |
|---|---|---|---|
| A | $111,890 | $118,000 | +$6,110 |
| B | $115,568 | $121,000 | +$5,432 |
| C | $78,000 | $80,001 | +$2,001 |
| D | $9,589 | $10,000 | +$411 |
| E | $118,119 | $121,001 | +$2,882 |
The earlier description of Category D as falling was wrong. Its premium increased by $411. A and B rose by about 5.46% and 4.70% respectively, using the immediately preceding exercise as the base.
The A–B gap narrowed
Category B cost $3,000 more than A, compared with $3,678 in the preceding exercise. That $678 narrowing describes certificates; it does not make all A and B car packages $3,000 apart. Vehicle cost, ARF, equipment and seller terms remain different.
What the result can establish
The published counts show submitted bids and available quota. They do not identify how much of the rise came from holiday shopping, particular manufacturers, private-hire operators or registration-policy changes. Those explanations require additional evidence.
The 2026 PARF change applies according to the original COE cohort. It did not suddenly reduce the existing rebate schedule of every older car. A price report should not use that incorrect premise to explain replacement demand.
Implications for buyers and owners
A buyer should request an updated complete quote and check its COE clauses. Someone renewing an existing car uses the applicable monthly PQP, not this single exercise premium. Someone selling needs an actual offer and vehicle-specific rebates rather than assuming a one-for-one increase in resale value.
The next April exercise closed on 22 April. Keep that result separate when comparing rounds; do not silently replace a historical article’s prices with a later exercise.
Sources and review date
Reviewed on 13 September 2026. Historical results retain their exercise dates; worked budgets are assumptions, not quotations.