COEs Remain Stable - March 2020
COE prices remain stable, with insignificant changes to both Categories A and B, in this month’s first bidding exercise. For those who are keen to do a COE renewal, click here to apply, and enjoy an affordable repayment scheme for your COE loan.
Category A (cars 1,600cc and below, and have a maximum power of 130bhp),
Quota of 978 @ $32,699, down from $32,999,
Category B (cars above 1,600cc, or have more than 130bhp),
Quota of 987 @ $32,801, down from $32,889,
Commercial Vehicle Category C,
Quota of 315 @ $24,202, down from $25,001,
Motorcycle Category D,
Quota of 593 @ $4,310, up from $4,309,
Open Category E (All but motorcycles),
Quota of 333 @ $32,500, down from $33,031,
Bids can be submitted through the Automated Teller Machines (ATMs) of DBS/POSB and the Internet Banking facilities of UOB or Maybank, 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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