COEs Lower! Perhaps lower car prices to follow (for now)?
This month saw 4,431 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs).
Quota of 1,713 @ $36,890, down from $41,400,
Quota of 1,381 @ $42,661, down from $45,289,
Quota of 257 @ $39,000, down from $40,101,
Quota of 565 @ $8,100, up from $7,701,
Quota of 515 @ $44,000, down from $47,390,
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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