Category A COEs Slip by $7k

Category A COEs Slip by $7k

Climbing COE prices take a pause in May’s second COE bidding exercise. Category A tumbles by $7k 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
19 May 2021

Quota of 835 @ $41,801, down from $48,002,

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

Quota of 817 @ $58,809, down from $60,001,

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

Quota of 164 @ $42,702, down from $43,001,

Commercial Vehicle Category C,

Quota of 628 @ $8,701 up from 8,011,

Motorcycle Category D,

Quota of 266 @ $62,000, down from $63,002,

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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