August’s Second Bidding Exercise… Looks Like COEs Are Coming Down Again, Especially For Cat A Car Buyers
This month saw 4,746 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs).
Quota of 1,817 @ $42,900, down from $46,778,
Quota of 1,293 @ $51,000, down from $53,711,
Quota of 445 @ $42,004, down from $42,801,
Quota of 605 @ $3,512, down from $5,701,
Quota of 586 @ $50,000, down from $52,751,
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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