Results Of July 2010 First Open Bidding Exercise For Certificates Of Entitlement 

 

The Land Transport Authority (LTA) received 2,977 bids at the end of the July first open bidding exercise for Certificates of Entitlement (COEs). Of these, 2,155 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)

700

$29,501

893

676

24

Category B (Cars 1,601cc and above)

557

$35,909

671

557

0

Category D (Motorcycles)

351

$1,320

476

347

4

TRANSFERABLE CATEGORIES

Category C (Goods vehicles and buses)

177

$31,389

277

176

1

Category E (Open)

399

$41,010

660

399

0


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: