Category B COEs Prices Drop. Uptrend For Rest Of Year Likely
June’s second COE bidding exercise sees the remaining COE allocations from 2020’s bidding suspension fully distributed. This will mean that there will be lesser COEs from the month of July onward, and will likely spark an uptrend in COE prices. For those who are keen to do a COE renewal, click here to apply, and enjoy an affordable repayment scheme for your COE loan.
Quota of 830 @ $47,821, down from $48,510,
Quota of 809 @ $56,032, down from $60,109,
Quota of 238 @ $37,000, down from $37,002,
Quota of 618 @ $8,501, up from $8,703,
Quota of 265 @ $59,001, down from $61,112,
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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