Local News: Nov COE Round 1 Results
Cat A and B COE prices rise marginally in November.
OneShift Editorial Team
03 Nov 2010
The first round of Certificate of Entitlement (COE) biddings for November saw prices rising marginally for both Category A (cars 1600cc and below and taxis) and Category B (cars above 1600cc) COEs.
A total of 843 bids were received for the 598 Category A COEs on offer. Prices rose 4.9 percent and is now pegged at $34,001.
Category B COE prices rose by 2 percent and is now priced at $45,501. A total of 718 bids were lodged for the 482 Category B COEs on offer.
The next round of bidding will be in two weeks.
Credits: JoeYadao
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