COEs Down in November's Second Bidding Exercise for Cat A and Cat B! Let us See if the Car Prices Follow Suit!

COEs Down in November's Second Bidding Exercise for Cat A and Cat B! Let us See if the Car Prices Follow Suit!

This afternoon saw 4,058 successful bids out of a total of 5,523 received during the second bidding exercise of November for Certificates of Entitlement (COEs).  Let us see if the car prices follow suit!

OneShift Editorial Team
OneShift Editorial Team
23 Nov 2016


Quota of 1,846 @ $50,848, down from $52,668

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


Quota of 1,254 @$53,001, down from $56,206

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


Quota of 182 @ $49,002, up from $48,001

The commercial vehicle category C,


Quota of 375 @ $6,112, down from $6,311

Motorcycle category D,


Quota of 401 @ $54,901, down from $56,000

Open category E,

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.

Credits:

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