November’s Second Bidding Exercise… Mixed, slightly down for Cat A and B
This month saw 4,367 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs).
Quota of 1,686 @ $46,791, down from $47,112,
Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1,383 @ $57,390, down from $57,414,
Category B (cars above 1,600cc, and have a more than 130bhp),
Quota of 244 @ $57,701, down from $58,036,
Commercial vehicle Category C,
Quota of 538 @ $5,992, up from $5,502,
Motorcycle Category D,
Quota of 516 @ $57,501, up from $57,000,
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.
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