Coe Prices Up Slightly, But Generally Stable
We will likely see COE prices trending upward due to order taking during the Singapore Motorshow which begins tomorrow. January’s COEs have gone up slightly in price, and we predict that quota prices will be set to climb until after Chinese New Year. Overall, prices are still relatively low, which is ideal for those who are contemplating a COE renewal. Just click here to renew your current car’s COE.
Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 1,815 @ $25,920, up from $25,501,
Category B (cars above 1,600cc, and have a more than 130bhp),
Quota of 1,245 @ $32,200, up from 31,001,
Commercial Vehicle Category C,
Quota of 330 @ $27,200, up from $27,001,
Motorcycle Category D,
Quota of 1,112 @ $3,610, down from $3,789,
Open Category E (All but motorcycles),
Quota of 546 @ $32,909, up from $31,809,
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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