COE Bidding Exercise - Dip In First Round Of November COEs Will Ring In More Affordable Prices, Especially For Category A Car Buyers
COE bidding has closed with lower premiums for both Category A and B cars, during November’s first bidding exercise. Part of this is attributed to an increase in the number of certificates released for the months of November to January next year. We would believe that prices will still eventually be on the uptrend over the next few months. 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 967 @ $35,990, down from $37,334,
Quota of 1,013 @ $39,000, down from $40,990,
Quota of 370 @ $31,502, down from $33,778,
Quota of 533 @ $7,251, down from $7,300,
Quota of 464 @ $39,500, down from $39,889,
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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