Round 2 of February’s COE Bidding Results

The second round of this month’s Certificate of Entitlement (COE) bidding results continue to rise after last round’s upward curve.

Bidding results are yet again up across all categories with the biggest jump belonging to Cat B with a spike of $4,299.

Cat A prices are up by $4,200(7.95%), Cat B by $4,299(5.82%), Cat C by $2,203(4.42%) and Cat E by $4,199(5.69%).

Category D (motorcycle) COE prices also went up, by $210(11.65%) from last round’s figure of $1,802.

The total quota for this round is 1,289 and this figure excludes goods vehicles (Cat C) and motorcycles (Cat D).

Final COE prices are as follows:
Cat A: 57,009
Cat B: 78,189
Cat C: 52,004
Cat D: 2,012
Cat E: 78,000

Check out the more in-depth statistics [URL=http://www.oneshift.com/new_cars/lcoe.php]here[/URL].

On the bright side, last weekend saw a halt in the 2% incurred for Additional Transfer Fees for all used-vehicles. Read more about it
[URL=http://www.oneshift.com/news/news.php?newsid=5883]here.[/URL]

Credits: Bjorn