May's Second Bidding Exercise Cat A down!

May's Second Bidding Exercise Cat A down!

This month saw 5,338 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs). Category A COEs take a $4K+ dip!

OneShift Editorial Team
OneShift Editorial Team
24 May 2017


Quota of 1,920 @ $46,489, down from $51,106,

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


Quota of 1,325 @ $53,001, up from $55,414,

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


Quota of 1,085 @ $30,600, up from $26,209,

Commercial vehicle Category C,


Quota of 476 @ $6,101, down from $6,301,

Motorcycle Category D,

Quota of 532 @ $52,000, down from $55,000,

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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