Passenger Car COEs Up Slightly for May’s First COE Bidding Exercise.
COEs for May’s first Certificate of Entitlement bidding exercise ended stable. Category A COEs are stable, at just a few hundred above last month’s premium. This month saw 4,148 successful bids received during the month’s first bidding exercise for Certificates of Entitlement (COEs).
Quota of 1,435 @ $38,941, up from $38,510,
Quota of 1,280 @ $38,501, up from $37,330,
Quota of 308 @ $33,190, down from $34,202,
Quota of 560 @ $7,204, up from $7,115,
Quota of 565 @ $38,600, up from $38,389,
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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