COE Prices Dip A Little During Second August COE Bidding Exercise
Certificates of Entitlements (COEs) this week are down, though they remain stable, and we do not foresee any major adjustments in the next few months. Category A and B COEs end approximately $2,000 lower. A great time for those who want to renew their car’s COE.
Quota of 1,695 @ $31,997, down from $33,798,
Quota of 1,272 @ $32,429, up from $34,381,
Quota of 409 @ $29,902, down from $30,389,
Quota of 824 @ $4,889, down from $5,514,
Quota of 527 @ $32,311, down from $33,420,
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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