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COE Bidding – 2nd Round of August 2016


Carbon82
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The details of the August 2016 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 15 August 2016, 12 noon

Tender closes: Wednesday, 17 August 2016, 4.00 pm

Tender results: Wednesday, 17 August 2016 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,365 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 2,034

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,336

Category D: Motorcycles => 365

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 180

Category E: Open Category => 450

 

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Is it possible to get COE with 6 bid non guaranteed coe for 48K this time? Thanks

Possible? Yes. Likely? No. That would be an almost 10% drop between two consecutive bidding dates.
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