COE Results May 2014, 1st Tender
May 2014, 1st Tender CAT A Cars up to 1600cc & 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $60,002 $11,333 $75,517 513 676 CAT B Cars above 1600cc or 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $70,002 $5,008 $79,505 483 778 CAT C Goods Vehicle & Bus Quota Premium Change […]
COE Results April 2014, 2nd Tender
April 2014, 2nd Tender CAT A Cars up to 1600cc & 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $71,335 $6,065 $74,838 361 513 CAT B Cars above 1600cc or 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $75,010 $9,494 $79,203 351 486 CAT C Goods Vehicle & Bus Quota Premium Change […]
COE Results February 2014, 1st Tender
February 2014, 1st Tender CAT A Cars up to 1600cc & 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $71,564 $726 $76,109 362 719 CAT B Cars above 1600cc or 130bhp Quota Premium Change Prevailing Quota Premium Quota Bids Received $75,300 $3,700 $82,333 360 523 CAT C Goods Vehicle & Bus Quota Premium Change […]
COE Results October 2013, 2nd Tender
October 2013, 2nd Tender CAT A Car (1600 cc & below) & Taxi Quota Premium Change Prevailing Quota Premium Quota Bids Received $76,889 $8,111 $76,654 373 596 CAT B Car (Above 1600 cc) Quota Premium Change Prevailing Quota Premium Quota Bids Received $87,910 $5,590 $78,508 382 515 CAT C Goods Vehicle & Bus Quota Premium Change […]
COE Results October 2013, 1st Tender
October 2013, 1st Tender CAT A Car (1600 cc & below) & Taxi Quota Premium Change Prevailing Quota Premium Quota Bids Received $85,000 $1,249 $76,654 365 615 CAT B Car (Above 1600 cc) Quota Premium Change Prevailing Quota Premium Quota Bids Received $93,500 $7,261 $78,508 376 649 CAT C Goods Vehicle & Bus Quota Premium Change […]
Depreciation To Be Taken Into Account In Calculating Loan Limit
The Monetary Authority of Singapore (MAS) has announced that it will take into account depreciation when calculating the Open Market Value (OMV) of a used car to determine which tier the vehicle falls under with regard to the loan-to-value ratio. According to MAS’ press release, “MAS will adopt a straight-line depreciation in the value of […]
MAS Temporarily Lifts Loan Restrictions For 60 Days For Some Used Cars
The temporary 60-day concession will begin on the 6th of April 2013. The Monetary Authority of Singapore (MAS) announced that the recent car loan restrictions will be lifted from 6th of April till 4th of June. All interested buyers can now purchase a used car with the previous loan arrangement prior to the implement of […]
MAS Imposes Car Financing Restrictions
The Monetary Authority of Singapore (MAS) has reintroduced financing restrictions on motor vehicle loans granted by financial institutions. The financial restrictions include limits on vehicle loan amount and cap on the loan tenure for private vehicles. Effective 26 February 2013, the maximum loan amount will depend on the open market value (OMV) of the motor […]
Commercial Vehicle Loan For Your Business
If you are a business owner and is in need of commercial vehicle to further support your daily business transactions, taking a commercial vehicle loan will be a good way to own one. In Singapore, commercial vehicle loans can help entrepreneurs to purchase their vehicle. The loan finance for commercial vehicle hugely depends on your […]
Things You Need To Know About Car Refinancing
“Is car refinancing for me?” “What are the benefits of car refinancing?” “Am I qualified to refinance my existing car loan?” These are some of the few questions that we get from time to time. This article will help you determine if refinancing is for you. Some benefits and qualifying criteria were also provided on […]