October 2016 Second Open Bidding Exercise for Certificates Of Entitlement

News Releases 14 Oct 2016 COE bidding

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

Tender opens:        Monday, 17 October 2016, 12 noon

Tender closes:       Wednesday, 19 October 2016, 4.00 pm

Tender results:       Wednesday, 19 October 2016

                               (Available on the www.onemotoring.com.sg website)

The total quota available for this tender is 4,340 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:

Category A : Cars (up to 1600cc & 97kW (130bhp))     2,023

Category B : Cars (above 1600cc or 97kW (130bhp))   1,340

Category D : Motorcycles                                                      360

TRANSFERABLE CATEGORIES:

Category C : Goods Vehicles and Buses                              188

Category E : Open Category                                                  429

COEs for categories C and E are valid upon receipt until 31 January 2017 whilst COEs for categories A, B and D are valid until 30 April 2017.

Bids can be submitted through the Automated Teller Machines (ATMs) of DBS/POSB or the Internet Banking facility of UOB.

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.

During the bidding exercise, bidders can check on the status of their bids and revise their reserve price using these banks’ services or the LTA Open Bidding website (https://ocoe.lta.gov.sg).

Members of the public can check the current COE price on the ONE.MOTORING website (http://www.onemotoring.com.sg) or on the MyTransport.SG Mobile App (download the App “MyTransport Singapore” via the Apple App Store or Google Play). 

Although the COE Open Bidding System has been designed to handle large numbers of bids, transmission of bid data through the system could be delayed by external factors.  Hence, members of the public are advised to bid early, as the system will only process bid submissions or reserve price revisions that reach the processing system before the closing time at 4.00 pm on 19 October 2016.  Bid data that is sent to the processing system at the last minute, but fails to reach the system before the closing time will not be processed.

For details on the open bidding facilities, members of the public can also contact the following:

DBS/POSB Hotline 1800-222-2200 (For Corporate Account)
  1800-111-1111 (For Personal Account)
UOB Bank Hotline 1800-226-6121 (For Non-Individuals only)
Land Transport Authority 1800-CALL LTA (1800-2255 582)

 

Scroll To Top

Welcome to the

new LTA.GOV.SG


This quick tour will bring you through the key enhancements.

Use the links at the top navigation bar to help you find what you are looking for


Jump straight into the popular pages that

are most relevant to you


Taking a bus, train, or cycling to your

destination? Plan your routes and check

the fares using these tools!


Our latest featured projects are just a click away!


Start exploring the new

LTA.GOV.SG now!



Explore Now!