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COEs Are Out. Category B Climbs Past The $50k Mark For The Second Time In 2021

COE premiums look to continue their upward trend this year. Category B COEs sees the largest jump of more than $5,000. For those who are keen to do a COE renewal, click here to apply, and enjoy an affordable repayment scheme for your COE loan.
OneShift Editorial Team
OneShift Editorial Team
07 Apr 2021

Quota of 883 @ $45,600, up from $44,589,

Category A (cars 1,600cc and below, and have a maximum power of 130bhp),

Quota of 958 @ $52,309, up from $47,001,

Category B (cars above 1,600cc, or have more than 130bhp),

Quota of 263 @ $36,134, down from $39,589,

Commercial Vehicle Category C,

Quota of 560 @ $8,000, down from $7,791,

Motorcycle Category D,

Quota of 296 @ $52,200, up from $47,806,

Open Category E (All but motorcycles),

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.

Credits:

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