COE prices have risen again for the month of August. With LTA’s plan for zero vehicle growth, until 2022, COE prices will likely see a general upward-trend.
For those who are keen to do a COE renewal, click here to apply, and enjoy an affordable repayment scheme for your COE loan.
Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1,034 @ $35,710, up from $33,000,
Category B (cars above 1,600cc, or have more than 130bhp),
Quota of 923 @ $38,802, up from $37,102,
Commercial Vehicle Category C,
Quota of 357 @ $25,006, up from $24,100,
Motorcycle Category D,
Quota of 495 @ $7,432, down from $7,701,
Open Category E (All but motorcycles),
Quota of 474 @ $38,110, up from $36,502,
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.