diff --git a/packages/ui/src/fields/Select/index.tsx b/packages/ui/src/fields/Select/index.tsx
index dbf00305af..74e99ef478 100644
--- a/packages/ui/src/fields/Select/index.tsx
+++ b/packages/ui/src/fields/Select/index.tsx
@@ -63,7 +63,7 @@ const SelectField: React.FC<SelectFieldProps> = (props) => {
     width,
   } = props
 
-  const [options] = useState(formatOptions(optionsFromProps))
+  const options = React.useMemo(() => formatOptions(optionsFromProps), [optionsFromProps])
 
   const memoizedValidate: ClientValidate = useCallback(
     (value, validationOptions) => {
diff --git a/test/admin/collections/CustomFields/components/CustomSelect.tsx b/test/admin/collections/CustomFields/components/CustomSelect.tsx
new file mode 100644
index 0000000000..c333d66adc
--- /dev/null
+++ b/test/admin/collections/CustomFields/components/CustomSelect.tsx
@@ -0,0 +1,46 @@
+'use client'
+
+import type { Option } from 'payload'
+
+import { SelectField, useField } from '@payloadcms/ui'
+import React from 'react'
+
+export const CustomSelect = ({ path }: { path: string }) => {
+  const { setValue, value } = useField<string>({ path })
+  const [options, setOptions] = React.useState<{ label: string; value: string }[]>([])
+
+  React.useEffect(() => {
+    const fetchOptions = () => {
+      const fetchedOptions = [
+        {
+          label: 'Label 1',
+          value: 'value1',
+        },
+        {
+          label: 'Label 2',
+          value: 'value2',
+        },
+      ]
+      setOptions(fetchedOptions)
+    }
+    void fetchOptions()
+  }, [])
+
+  const onChange = (selected: Option | Option[]) => {
+    const options = Array.isArray(selected) ? selected : [selected]
+    setValue(options.map((option) => (typeof option === 'string' ? option : option.value)))
+  }
+
+  return (
+    <div>
+      <SelectField
+        hasMany
+        name={path}
+        onChange={onChange}
+        options={options}
+        path={path}
+        value={value}
+      />
+    </div>
+  )
+}
diff --git a/test/admin/collections/CustomFields/index.ts b/test/admin/collections/CustomFields/index.ts
new file mode 100644
index 0000000000..de155bef32
--- /dev/null
+++ b/test/admin/collections/CustomFields/index.ts
@@ -0,0 +1,19 @@
+import type { CollectionConfig } from 'payload'
+
+import { customFieldsSlug } from '../../slugs.js'
+import { CustomSelect } from './components/CustomSelect.js'
+
+export const CustomFields: CollectionConfig = {
+  slug: customFieldsSlug,
+  fields: [
+    {
+      name: 'customSelectField',
+      type: 'text',
+      admin: {
+        components: {
+          Field: CustomSelect,
+        },
+      },
+    },
+  ],
+}
diff --git a/test/admin/config.ts b/test/admin/config.ts
index d0dc608b5c..7025a2027f 100644
--- a/test/admin/config.ts
+++ b/test/admin/config.ts
@@ -3,6 +3,7 @@ import path from 'path'
 const filename = fileURLToPath(import.meta.url)
 const dirname = path.dirname(filename)
 import { buildConfigWithDefaults } from '../buildConfigWithDefaults.js'
+import { CustomFields } from './collections/CustomFields/index.js'
 import { CustomIdRow } from './collections/CustomIdRow.js'
 import { CustomIdTab } from './collections/CustomIdTab.js'
 import { CustomViews1 } from './collections/CustomViews1.js'
@@ -116,6 +117,7 @@ export default buildConfigWithDefaults({
     CollectionNoApiView,
     CustomViews1,
     CustomViews2,
+    CustomFields,
     CollectionGroup1A,
     CollectionGroup1B,
     CollectionGroup2A,
diff --git a/test/admin/e2e/1/e2e.spec.ts b/test/admin/e2e/1/e2e.spec.ts
index 84a56bf587..bb5d8dc104 100644
--- a/test/admin/e2e/1/e2e.spec.ts
+++ b/test/admin/e2e/1/e2e.spec.ts
@@ -34,6 +34,7 @@ import {
   slugPluralLabel,
 } from '../../shared.js'
 import {
+  customFieldsSlug,
   customIdCollectionId,
   customViews2CollectionSlug,
   disableDuplicateSlug,
@@ -70,6 +71,7 @@ describe('admin1', () => {
   let postsUrl: AdminUrlUtil
   let globalURL: AdminUrlUtil
   let customViewsURL: AdminUrlUtil
+  let customFieldsURL: AdminUrlUtil
   let disableDuplicateURL: AdminUrlUtil
   let serverURL: string
   let adminRoutes: ReturnType<typeof getAdminRoutes>
@@ -89,6 +91,7 @@ describe('admin1', () => {
     postsUrl = new AdminUrlUtil(serverURL, postsCollectionSlug)
     globalURL = new AdminUrlUtil(serverURL, globalSlug)
     customViewsURL = new AdminUrlUtil(serverURL, customViews2CollectionSlug)
+    customFieldsURL = new AdminUrlUtil(serverURL, customFieldsSlug)
     disableDuplicateURL = new AdminUrlUtil(serverURL, disableDuplicateSlug)
 
     const context = await browser.newContext()
@@ -481,6 +484,16 @@ describe('admin1', () => {
     })
   })
 
+  describe('custom fields', () => {
+    describe('select field', () => {
+      test('should render custom select options', async () => {
+        await page.goto(customFieldsURL.create)
+        await page.locator('#field-customSelectField .rs__control').click()
+        await expect(page.locator('#field-customSelectField .rs__option')).toHaveCount(2)
+      })
+    })
+  })
+
   describe('API view', () => {
     test('collection — should not show API tab when disabled in config', async () => {
       await page.goto(postsUrl.collection(noApiViewCollectionSlug))
diff --git a/test/admin/slugs.ts b/test/admin/slugs.ts
index ad51f9b711..38899b97c5 100644
--- a/test/admin/slugs.ts
+++ b/test/admin/slugs.ts
@@ -11,6 +11,7 @@ export const hiddenCollectionSlug = 'hidden-collection'
 export const noApiViewCollectionSlug = 'collection-no-api-view'
 export const disableDuplicateSlug = 'disable-duplicate'
 export const uploadCollectionSlug = 'uploads'
+export const customFieldsSlug = 'custom-fields'
 export const collectionSlugs = [
   usersCollectionSlug,
   customViews1CollectionSlug,
@@ -23,6 +24,7 @@ export const collectionSlugs = [
   group2Collection2Slug,
   hiddenCollectionSlug,
   noApiViewCollectionSlug,
+  customFieldsSlug,
   disableDuplicateSlug,
 ]