COEs go up (again) for A, B and Open Categories in April's First Bidding Exercise

COEs go up (again) for A, B and Open Categories in April's First Bidding Exercise

This month saw 4,431 successful bids out of a total of 6,037 received during the month’s first bidding exercise for Certificates of Entitlement (COEs).  We do predict that COE prices will be on a general rise, due to buyers taking advantage of the current CEVs, before next years VES comes into play.

OneShift Editorial Team
OneShift Editorial Team
12 Apr 2017


Quota of 2,068 @ $52,000, up from $51,765,

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


Quota of 1,360 @ $54,405, up from $54,000,

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


Quota of 162 @ $45,906, down from $47,036,

Commercial vehicle Category C,


Quota of 355 @ $7,589, down from $8,081,

Motorcycle Category D,


Quota of 486 @ $54,556, up from $54,501,

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:

Local News
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

Other Articles
Explore moreright arrow
Nissan Ariya Review: Soothing Calmness
BYD Atto 3 Facelift Review: Sharpening the Good
Kia Sorento Hybrid SX Tech Pack Facelift Review: Seven To Go