Cat A and Cat B COEs Go Up in 2017's First Bidding Exercise
This afternoon saw 4,089 successful bids out of a total of 5,452 received during the year’s first bidding exercise for Certificates of Entitlement (COEs).
OneShift Editorial Team
05 Jan 2017
Quota of 1,877 @ 50,101, up from $49,751
Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1,252 @ $53,106, up from $51,109
Category B (cars above 1,600cc, and have a more than 130bhp),
Quota of 183 @ $46,302, down from $49,500
The Commercial Vehicle Category C,
Quota of 438 @ $6,053, down from $6,101
Motorcycle Category D,
Quota of 401 @ $50,001, down from $50,389
Open Category E,
Bids can be submitted through the Automated Teller Machines (ATMs) of DBS/POSB, the Internet Banking facility of UOB, or via the OCBC phone banking services.
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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Top-selling models include BMW X1, X2 and 5 Series.
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