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Channel News Asia COE bid deposits reinstated to $10,000 By Mustafa Shafawi | Posted: 01 September 2010 0927 hrs SINGAPORE: The Land Transport Authority (LTA) said COE bid deposits for all categories of vehicles except motorcycles will be reinstated to $10,000 per bid from October's bidding exercise. It said this is to deter frivolous or speculative bids which deny genuine bidders from getting a COE. The bid deposit was halved in August last year for one year as a temporary relief measure to help businesses and prospective vehicle owners during the economic downturn. The bid deposit for motorcycle COEs remains at $200.
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Just drove past over the week, realised the roadside parking is back. no more zig-zag lines.
