COEs Down Again in December's First Bidding Exercise for Cat A, Cat B and Even Open Cat! Gone Down like Steven Tyler's "Love in an Elevator!" Look at Cat B Guys!

COEs Down Again in December's First Bidding Exercise for Cat A, Cat B and Even Open Cat! Gone Down like Steven Tyler's "Love in an Elevator!" Look at Cat B Guys!

This afternoon saw 4,061 successful bids out of a total of 5,170 received during the first bidding exercise of December for Certificates of Entitlement (COEs).  Lets all hope that the car prices go down this festive season! Just look at Cat B!

OneShift Editorial Team
OneShift Editorial Team
07 Dec 2016


Quota of 1,844 @ 48,000, down from $50,848

Category A (cars 1,600cc and below, and have a maximum power of 130bhp),


Quota of 1,245 @ $46,229, down from $$53,001

Category B (cars above 1,600cc, and have a more than 130bhp),


Quota of 185 @ $51,209, up from $49,002

The commercial vehicle category C,


Quota of 374 @ $6,113, up from $6,112

Motorcycle category D,


Quota of 413 @ $50,010, down from $54,901

Open category E,

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.

Credits:

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