sbs2716g 3rd Gear October 5, 2016 Share October 5, 2016 (edited) Looks like Cat B less active than Cat A. The rich people got burnt more from market and job losses. But marginal owners and new entrants from millenia generation really want their cars and cannot wait any more. Or so it seems Cat B bids not moving much for the past 5 mins... I think it is 1766 bids at 1550hrs, now closing is 1785 bids.. Edited October 5, 2016 by sbs2716g ↡ Advertisement Link to post Share on other sites More sharing options...
merc280v6 6th Gear October 5, 2016 Share October 5, 2016 Market correction for Cat A is expected - no surprises there. $51-52K is where it should be till 2017 2Q. Cat B and Open looks to be a huge disappointment. Ought to be much higher than that! PMET job losses seems to be taking a hit. Hope that's temporary, as Singapore's economy resurrects itself soon. Link to post Share on other sites More sharing options...
Daniu82 Supercharged October 5, 2016 Share October 5, 2016 Cat B dropped abt 2k... Link to post Share on other sites More sharing options...
Oliverpool 1st Gear October 5, 2016 Share October 5, 2016 CAT A very strong. Weakness in open and CAT B though Link to post Share on other sites More sharing options...
13177 Supersonic October 5, 2016 Share October 5, 2016 Overall the increase for Cat A also consider not a lot, should be ard 1k plus only. So for those who booked their cars with guarantee coe, think should able to get it this bid? Link to post Share on other sites More sharing options...
Sx4falcon 5th Gear October 5, 2016 Share October 5, 2016 (edited) Cat B bids not moving much for the past 5 mins... Seems that Cat B actions usually end 5-10 mins before closing time. But Cat A usually heat up in last 15 mins. Edited October 5, 2016 by Sx4falcon Link to post Share on other sites More sharing options...
Mits_jc 5th Gear October 5, 2016 Share October 5, 2016 Cat A, +$1 from last round. LOL Link to post Share on other sites More sharing options...
merc280v6 6th Gear October 5, 2016 Share October 5, 2016 Good enuf outcome for me - especially to those nay-sayers predicting COE prices crashing down to $48K levels, or lower. With the year-end buying spree to upgrade cars for the new year and bonus expectations, COE prices will remain, or even rise further in the foreseeable 6 months. Link to post Share on other sites More sharing options...
Brianlee 1st Gear October 5, 2016 Share October 5, 2016 Cat A very strong demand, im quite surprisingly. Cat B was reasonable according to current weak market. Link to post Share on other sites More sharing options...
13177 Supersonic October 5, 2016 Share October 5, 2016 Cat A very strong demand, im quite surprisingly. Cat B was reasonable according to current weak market. Cat A strong demand maybe due to many promotion over the last 2 weeks from ADs for Cat A cars?! Link to post Share on other sites More sharing options...
therock Supersonic October 5, 2016 Share October 5, 2016 Cat A strong demand maybe due to many promotion over the last 2 weeks from ADs for Cat A cars?! Of the bids, I know Kah, BMW, Merc tend to bid in aggressive bids. They sell cars, not hope. No top up games.. Link to post Share on other sites More sharing options...
SUV-Lover 2nd Gear October 5, 2016 Share October 5, 2016 So, anyone got their COE this bidding? Link to post Share on other sites More sharing options...
AndrewLee72 6th Gear October 5, 2016 Share October 5, 2016 Cat A is $51,507 ? Link to post Share on other sites More sharing options...
13177 Supersonic October 5, 2016 Share October 5, 2016 Of the bids, I know Kah, BMW, Merc tend to bid in aggressive bids. They sell cars, not hope. No top up games.. If the customer booked a guarantee coe package, high chance can get it, esp this round coe did not increased a lot. Link to post Share on other sites More sharing options...
therock Supersonic October 5, 2016 Share October 5, 2016 If the customer booked a guarantee coe package, high chance can get it, esp this round coe did not increased a lot. Merc and BMW don't really specify guaranteed. They just get it :) Kah did the same too, NG buyers got the deal too. 1 Link to post Share on other sites More sharing options...
Daniu82 Supercharged October 5, 2016 Share October 5, 2016 (edited) Good enuf outcome for me - especially to those nay-sayers predicting COE prices crashing down to $48K levels, or lower. With the year-end buying spree to upgrade cars for the new year and bonus expectations, COE prices will remain, or even rise further in the foreseeable 6 months. I think with the expected quota dropping, car shows coming and year end more ppl will enter the market in order to get their cars by CNY next year. I dun think the Cat A price will drop that much unless something major happen. It will stay within the 50k range... So, anyone got their COE this bidding? I should get it cos my AD bidded abt 53k for me .... Edited October 5, 2016 by Daniu82 Link to post Share on other sites More sharing options...
Brianlee 1st Gear October 5, 2016 Share October 5, 2016 Cat A strong demand maybe due to many promotion over the last 2 weeks from ADs for Cat A cars?! i dont think so this is the reason. right now, i cant find any reason (except uber) why bids received had increased so many. I think with the expected quota dropping and year end more ppl will enter the market in order to get their cars by CNY next year. I dun think the Cat A price will drop that much unless something major happen. It will stay within the 50k range... I should get it cos my AD bidded abt 53k for me .... congrats first Link to post Share on other sites More sharing options...
Winningeleven 4th Gear October 5, 2016 Share October 5, 2016 The before CNY must buy new cars or hungry ghost festival don't buy cars already long outdated. Looking at the number of bids from lta website already shown the bids received were stable all along many years ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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