Passenger Car COEs Are Up! Prices Are Largely Seen To Be Stable Over The Next Few Months.

Passenger Car COEs Are Up! Prices Are Largely Seen To Be Stable Over The Next Few Months.

Certificates of Entitlements (COEs) this week ended higher for passenger cars. This month saw 4,143 successful bids received during the month’s second bidding exercise for COEs.

OneShift Editorial Team
OneShift Editorial Team
18 Jul 2018

Quota of 1,443 @ $32,599, up from $25,000,

Category A (cars 1,600cc and below, and have a maximum power of 130bhp),


Quota of 1,285 @ $32,551, up from $31,000,

Category B (cars above 1,600cc, and have a more than 130bhp),

Quota of 320 @ $30,889, down from $31,902,

Commercial vehicle Category C,

Quota of 537 @ $6,189, down from $6,514,

Motorcycle Category D,

Quota of 558 @ $32,809, down from $31,001,

Open Category E (All but motorcycles),

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.

Credits:

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