COEs in For November's First Bidding Exercise, Cat A Goes Up
This afternoon saw 4,261 successful bids out of a total of 6,193 received during the second bidding exercise of November for Certificates of Entitlement (COEs). Category A COEs have gone up by more than $1,600. Listed here, are our results:
Quota of 1,929 @ $52,668, up from $50,991
Quota of 1,347 @$56,206, down from $56,410
Quota of 185 @ $48,001, up from $45,589
Quota of 399 @ $6,311, down from $6,354
Quota of 401 @ $56,000, down from $56,340
As with the previous bidding exercise, the trend in the low number of COEs offered, are due to the trend of 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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