October COEs - Category A Drops By 2K

Posted by clifford chow
7 Oct 2020

October’s first round of COE biddings have ended, with Category A COE prices receiving a reprieve from its steady increase over the last few months.

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 912 @ $36,534, up from $38,504,

Category B (cars above 1,600cc, or have more than 130bhp),
Quota of 805 @ $40,690, down from $40,989, 

Commercial Vehicle Category C,
Quota of 316 @ $33,089, up from $28,569,

Motorcycle Category D,
Quota of 429 @ $7,451, up from $7,331,

Open Category E (All but motorcycles),
Quota of 427 @ $40,301, down from $41,001,

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.


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