October’s First Bidding Exercise… Prices Stable, Cat A and B End Slightly Lower
This month saw 4,631 successful bids received during the month’s second bidding exercise for Certificates of Entitlement (COEs). Prices are stable. Category A and B cars benefit slightly from a slight reduction in premium prices.
Quota of 1,829 @ $41,761, down from $42,902,
Quota of 1,285 @ $48,109, down from $49,189,
Quota of 492 @ $48,902, up from $46,890,
Quota of 485 @ $5,010, down from $5,501,
Quota of 542 @ $49,00, down from $49,102,
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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