COE prices are again on an uptrend. June’s first bidding exercise sees Category A COEs jump by $6,709.
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 858 @ $48,510, up from $41,801,
Category B (cars above 1,600cc, or have more than 130bhp),
Quota of 815 @ $60,109, up from $58,809,
Commercial Vehicle Category C,
Quota of 195 @ $37,002, down from $42,702,
Motorcycle Category D,
Quota of 626 @ $8,703 up from $8,701,
Open Category E (All but motorcycles),
Quota of 259 @ $61,112, down from $62,000,
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.