COEs Mixed in October's Bidding Exercise, Cat B Goes Up.
This afternoon saw 4,321 successful bids out of a total of 5,712 received during the second bidding exercise of October for Certificates of Entitlement (COEs).
Quota of 2,023 @ $50,991, down from $51,507
Quota of 1,340 @$56,410, up from $53,001
Quota of 188 @ $45,589, down from $48,720
Quota of 360 @ $6,354, up from $6,353
Quota of 429 @ $56,340, up from $54,200
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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