COEs On The Rise Again In August

COEs On The Rise Again In August

COE prices have risen again for the month of August. With LTA’s plan for zero vehicle growth, until 2022, COE prices will likely see a general upward-trend.  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 Aug 2020

Quota of 1,034 @ $35,710, up from $33,000,

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

Quota of 923 @ $38,802, up from $37,102,

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


Quota of 357 @ $25,006, up from $24,100,

Commercial Vehicle Category C,

Quota of 495 @ $7,432, down from $7,701,

Motorcycle Category D,

Quota of 474 @ $38,110, up from $36,502,

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.

Credits:

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