August’s First Bidding Exercise… COEs for Cats A, B and Open Cat have Gone Up.

August’s First Bidding Exercise… COEs for Cats A, B and Open Cat have Gone Up.

This month saw 4,678 successful bids received during the month’s first bidding exercise for Certificates of Entitlement (COEs). 

OneShift Editorial Team
OneShift Editorial Team
10 Aug 2017


Quota of 1,817 @ $46,778, up from @44,002,

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


Quota of 1,286 @ $53,711, up from $50,001,

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

Quota of 454 @ $42,801, down from $42,809,

Commercial vehicle Category C,

Quota of 574 @ $5,701, down from $5,851,

Motorcycle Category D,

Quota of 547 @ $52,751, up from $50,101,

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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