COEs Mixed After Second Bidding Exercise Of September
COE prices end mixed after September’s second bidding exercise. We can expect prices of most new Category B cars to remain the same, while the more price-sensitive Category A cars are predicted to increase (again). Prevailing quota premiums will be on the rise with the general uptrend in COE premiums. For those who are keen to do a COE renewal, click here to apply, and enjoy an affordable repayment scheme for your COE loan.
Quota of 1,034 @ $38,504, up from $37,766,
Quota of 912 @ $40,989, down from $41,510,
Quota of 351 @ $28,569, up from $26,644,
Quota of 494 @ $7,331, down from $7,399,
Quota of 471 @ $41,001, up from $40,790,
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.
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