September’s First Bidding Exercise… Good News Especially For Category A Car Buyers!

September’s First Bidding Exercise… Good News Especially For Category A Car Buyers!

This month saw 4,649 successful bids received during the month’s first bidding exercise for Certificates of Entitlement (COEs). 

OneShift Editorial Team
OneShift Editorial Team
06 Sep 2017


Quota of 1,820 @ $36,001, down from $42,900,

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


Quota of 1,290 @ $49,000, down from $51,000,

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

Quota of 453 @ $43,002, up from $42,004,

Commercial vehicle Category C,

Quota of 543 @ $5,402, up from $3,512,

Motorcycle Category D,

Quota of 543 @ $48,005, down from $50,000,

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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