COEs Again End Mixed During Second August Bidding Exercise
This afternoon saw 4,365 successful bids out of a total of 6,286 received during the second bidding exercise of August for Certificates of Entitlement (COEs).
Quota of 2034 @ $53,334, up from $52,503.
Quota of 1336 @ $56,500, down from $57,903.
Quota of 180 @ $48,001, down from $48,302.
Quota of 365 @ $6,352, up from $6,206.
Quota of 450 @ $56,956, down from $58,201.
The low number of COEs offered, are due to current owners choosing to keep their cars longer.
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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