COEs Mixed During the First August Bidding Exercise.
This afternoon saw 4,363 successful bids out of a total of 6,281 received during the first bidding exercise of August for Certificates of Entitlement (COEs). This is 495 less than July’s second bidding exercise. The biggest change coming from the commercial category, with a reduction in amount by $1,588.
Quota of 2018 @ $52,503, down from $53,000.
Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1336 @ $57,903, up from $57,508.
Category B (cars above 1,600cc),
Quota of 177 @ $48,302, down from $49,890.
The commercial vehicle category C,
Quota of 403 @ $6,206, down from $6,302.
Motorcycle category D,
Quota of 429 @ $58,201, up from $57,501.
Open Catagory 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.
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