The Land Transport Authority (LTA) received 7,237 bids at the
end of the November first open bidding exercise for Certificates of Entitlement
(COEs). Of these, 5,130 were successful. Detailed results of the tender are as
follows:
|
|
Quota
|
Quota
Premium
|
Total
Bids Received
|
Number
of Successful Bids
|
Unused
Quota carried forward
|
|
NON-TRANSFERABLE
CATEGORIES
|
|
Category
A (Cars 1,600cc and below, and taxis)
|
2,164
|
$16,839
|
3,040
|
2,149
|
15
|
|
Category
B (Cars 1,601cc and above)
|
1,125
|
$18,001
|
1,438
|
1,087
|
38
|
|
Category
D (Motorcycles)
|
448
|
$1,301
|
574
|
433
|
15
|
|
TRANSFERABLE
CATEGORIES
|
|
Category
C (Goods vehicles
and buses)
|
352
|
$15,001
|
532
|
350
|
2
|
|
Category
E (Open)
|
1,112
|
$17,809
|
1,653
|
1,111
|
1
|
COE results for previous bidding exercises can be found on the
"Facts and Figures" section of the One.Motoring website (http://www.onemotoring.com.sg).
The Prevailing Quota Premiums (PQP) for existing vehicles fall
under Categories A to D will be available after the November second open bidding
exercise.
Bidders can use the Temporary Certificates of Entitlement (TCOEs)
obtained from this tender exercise upon receipt of the TCOE notification
letters. The non-transferable TCOEs will be valid till 14 May 2008. The
transferable TCOEs will be valid till 14 February 2008. TCOEs issued to
companies are not transferable.
Successful applicants will be notified within the week. The
COE bid deposits of unsuccessful applicants will be credited into their bank
accounts by their respective banks. Bidders can check the status of their bid
applications through the following channels:
- LTA Open Bidding Phone System (Tel: 6362 1465)
- LTA Open Bidding website ( http://ocoe.lta.gov.sg
)
- Citibank Internet Banking ( www.citibank.com.sg
)
- Citibank Phone Banking (Tel:1800- 883 1118)
- OCBC Phone Banking (Tel: 1800- 363 3333)
- UOB Internet Banking ( www.uobgroup.com )
Bidders can check the status of their bid applications via the
LTA Open Bidding website until 6.00 pm on Friday, 9 November 2007, and via the
LTA Open Bidding Phone System until 14 November 2007.
If a vehicle is de-registered before its COE expires, the
vehicle's registered owner may be granted a rebate on the Quota Premium (QP)
paid, pro-rated to the number of months and days remaining on the vehicle's COE.
For vehicles registered using Category E (Open) COEs, the rebate will be based
on the QP of Category E, or its corresponding category from the same tender
exercise, whichever is lower.
|