Cat A and Cat B COEs down in February's First Bidding Exercise
This Chinese New Year saw some downward movement to the COE prices. I know some of us have gotten our wish, with more reachable prices. This afternoon saw 4,426 successful bids out of a total of 6,081 received during the month’s first bidding exercise for Certificates of Entitlement (COEs).
Quota of 2,060 @ 48,401, down from $50,889
Quota of 1,366 @ $48,209, down from $52,807
Quota of 164 @ $48,901, up from $47,001
Quota of 348 @ $6,412, down from $6,052
Quota of 488 @ $48,556, down from $52,600
Bids can be submitted through the Automated Teller Machines (ATMs) of DBS/POSB, the Internet Banking facility of UOB, or via the OCBC phone banking services.
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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