小巫见大巫，Results of September 2012 Second Open Bidding

The Land Transport Authority (LTA) received 2,226 bids at the end of the September second open bidding exercise for Certificates of Entitlement (COEs). Of these,1,611 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)	402	$63,000	486	402	0
Category B (Cars 1,601cc and above)	351	$88,500	523	349	2
Category D (Motorcycles)	450	$1,852	566	434	16
TRANSFERABLE CATEGORIES
Category C (Goods vehicles and buses)	182	$57,809	230	181	1
Category E (Open)	252	$89,990	421	245	7

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).

Bidders can use the Temporary Certificates of Entitlement (TCOEs) obtained from this bidding exercise upon receipt of the TCOE notification letters. The non-transferable TCOEs will be valid till 31 March 2013. The transferable TCOEs will be valid till 31 December 2012. 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.