COEs go up (again) for A, B and Open Categories in April's First Bidding Exercise
This month saw 4,431 successful bids out of a total of 6,037 received during the month’s first bidding exercise for Certificates of Entitlement (COEs). We do predict that COE prices will be on a general rise, due to buyers taking advantage of the current CEVs, before next years VES comes into play.
Quota of 2,068 @ $52,000, up from $51,765,
Quota of 1,360 @ $54,405, up from $54,000,
Quota of 162 @ $45,906, down from $47,036,
Quota of 355 @ $7,589, down from $8,081,
Quota of 486 @ $54,556, up from $54,501,
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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