A Sigh of Relief… COE’s Down for Car Buyers with 2017’s Final Bidding Exercise.

A Sigh of Relief… COE’s Down for Car Buyers with 2017’s Final Bidding Exercise.

This month saw 4,351 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs). 

OneShift Editorial Team
OneShift Editorial Team
20 Dec 2017


Quota of 1,687 @ $38,200, down from $42,339,

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


Quota of 1,374 @ $47,002, down from $53,711,

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

Quota of 245 @ $45,112, up from $42,000,

Commercial vehicle Category C,

Quota of 514 @ $7,501, up from $6,552,

Motorcycle Category D,

Quota of 531 @ $48,011, down from $53,334,

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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