COE prices end mixed after September’s second bidding exercise. We can expect prices of most new Category B cars to remain the same, while the more price-sensitive Category A cars are predicted to increase (again). Prevailing quota premiums will be on the rise with the general uptrend in COE premiums.
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Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1,034 @ $38,504, up from $37,766,
Category B (cars above 1,600cc, or have more than 130bhp),
Quota of 912 @ $40,989, down from $41,510,
Commercial Vehicle Category C,
Quota of 351 @ $28,569, up from $26,644,
Motorcycle Category D,
Quota of 494 @ $7,331, down from $7,399,
Open Category E (All but motorcycles),
Quota of 471 @ $41,001, up from $40,790,
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.