Category A And B COEs Back On Uptrend

Category A And B COEs Back On Uptrend

COE prices are again on an uptrend. June’s first bidding exercise sees Category A COEs jump by $6,709.  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
09 Jun 2021

Quota of 858 @ $48,510, up from $41,801,

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

Quota of 815 @ $60,109, up from $58,809,

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

Quota of 195 @ $37,002, down from $42,702,

Commercial Vehicle Category C,

Quota of 626 @ $8,703 up from $8,701,

Motorcycle Category D,

Quota of 259 @ $61,112, down from $62,000,

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.

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