Results of May 2016 First Open Bidding Exercise for Certificates Of Entitlement
The Land Transport Authority (LTA) received 8,104 bids at the end of the April second open bidding exercise for Certificates of Entitlement (COEs). Of these, 5,020 were successful. Detailed results of the tender are as follows:
Category A
(Cars up to 1600cc & 97kW (130bhp))
2,218
$47,889
3,446
2,217
1
Category B
(Cars above 1600cc or 97kW (130bhp))
1,462
$51,010
2,435
1,454
8
Category D
(Motorcycles)
399
$6,302
519
389
10
Category C
(Goods vehicles and buses)
232
$42,302
324
232
0
Category E
(Open)
750
$49,000
1,380
728
22
Successful applicants will be notified within the week. The COE bid deposits of unsuccessful applicants will be credited into their bank accounts by their respective banks.
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