August's Second Bidding Exercise Looks Like COEs Are Coming Down Again, Especially For Cat A Car Buyers

Posted by clifford chow
23 Aug 2017
August's Second Bidding Exercise Looks Like COEs Are Coming Down Again, Especially For Cat A Car Buyers

This month saw 4,746 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs). 

Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1,817 @ $42,900, down from $46,778,

Category B (cars above 1,600cc, and have a more than 130bhp),
Quota of 1,293 @ $51,000, down from $53,711,

Commercial vehicle Category C,          
Quota of 445 @ $42,004, down from $42,801,

Motorcycle Category D,                                                       
Quota of 605 @ $3,512, down from $5,701,

Open Category E (All but motorcycles),
Quota of 586 @ $50,000, down from $52,751,

Bids can be submitted through the Automated Teller Machines (ATMs) of DBS/POSB and the Internet Banking facilities of UOB or Maybank, do ensure that you have bank accounts with these participating banks.

The bid deposit for COEs in Categories A, B, C and E is $10,000 per bid while that for Category D is $200 per bid.

News
178
178
20 Sep 2017
Posted in News
News
95
95
20 Sep 2017
Posted in News
News
543
543
12 Sep 2017
Posted in News
News
166
166
1 Sep 2017
Posted in News