September's Second Bidding Exercise Business as usual guys prices are back up!

September's Second Bidding Exercise Business as usual guys prices are back up!

This month saw 4,615 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs). The increase is largely attributed to the higher demand caused by the draw of the last bidding’s lower COE price.

OneShift Editorial Team
OneShift Editorial Team
20 Sep 2017


Quota of 1,815 @ $42,902, up from $36,001,

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


Quota of 1,299 @ $49,189, up from $49,000,

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

Quota of 453 @ $46,890, up from $43,002,

Commercial vehicle Category C,

Quota of 494 @ $5,501, up from $5,402,

Motorcycle Category D,

Quota of 565 @ $49,102, up from $48,005,

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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