COE’s Down for Car Buyers with December’s First Bidding Exercise, Commercial Category Sees the Largest Drop!

COE’s Down for Car Buyers with December’s First Bidding Exercise, Commercial Category Sees the Largest Drop!

This month saw 4,398 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs). 

OneShift Editorial Team
OneShift Editorial Team
06 Dec 2017


Quota of 1,680 @ $42,339, down from $46,791,

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


Quota of 1,373 @ $53,711, down from $57,390,

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

Quota of 285 @ $42,000, down from $57,701,

Commercial vehicle Category C,

Quota of 516 @ $6,552, up from $5,992,

Motorcycle Category D,

Quota of 542 @ $53,334, up from $57,501,

Open Category E (All but motorcycles),

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.

Credits:

Local News
Other Articles
Explore moreright arrow
Market Watch: These Extremely Expensive Used Cars Are Perfect For Hong Bao Draw Winners
A New Singapore Touring Car Challenge Champion Will Be Crowned
Tesla Model 3 Performance Review: Starry Eyed
get quote bg
Sell your car at the highest price in Singapore
  • pros
    Convenient and Hassle-Free
  • pros
    Consumer Protection
  • pros

    Transparent Process
    With No Obligation