COEs for A, B and Open Categories Finish Largely the Same in May's First Bidding Exercise. Commercial Category Certificates Quotas Continue in-Trend, But With More Quotas Released.
This month saw 5,293 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs). Category C quota premium continues in-trend, due to the mass scrapping of commercial vehicles over the last quarter.
Quota of 1,905 @ $51,106, down from $51,600,
Quota of 1,320 @ $55,414, up from $54,406,
Quota of 1,084 @ $26,209, down from $26,501,
Quota of 455 @ $6,301, down from $6,712,
Quota of 529 @ $55,000, up from $54,616,
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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