Local News: Nov COE Round 2 Results

Local News: Nov COE Round 2 Results

OneShift Editorial Team
OneShift Editorial Team
18 Nov 2010

The second round of Certificate of Entitlement (COE) biddings for November saw prices hit 10-year highs for both Category A (cars below 1600cc and below, and taxis) and Category B (cars above 1600cc.)

A total of 833 bids were offered for the 597 Category A COEs available, and prices rose $4,999 to $39,000. Seven hundred-and-nine bids were lodged for Category B COEs, which had a quota of 480. Category B prices hit $47,890 following a rise of $2,389.

The next round of COE bidding will be in two weeks.

Credits: JoeYadao

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