COEs End Mixed For Second Bidding Exercise Of July

Posted by clifford chow
17 Jul 2019
COEs End Mixed For Second Bidding Exercise Of July

Category B COEs climb in July’s second bidding exercise. The price-sensitive Category A COE premium has dropped back to June’s figures, a spot of good news for those wishing to buy a “Cat A” car.

For those who are keen to do a COE renewal, click here for an affordable repayment scheme for your COE loan.

Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1,623 @ $26,667, down from $28,589

Category B (cars above 1,600cc, and have a more than 130bhp),
Quota of 1,143 @ $39,406, up from $34,000,


Commercial Vehicle Category C,                          
Quota of 393 @ $24,599, down from $25,089,

Motorcycle Category D,
Quota of 900 @ $3,554, up from $3,081,

Open Category E (All but motorcycles),
Quota of 375 @ $39,889 up from $36,901,

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.


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