Carbon82 Moderator November 4, 2016 Share November 4, 2016 (edited) The details of the November 2016 first open bidding exercise for Certificates of Entitlement (COEs) are as follows:Tender opens: Monday, 7 November 2016, 12 noonTender closes: Wednesday, 9 November 2016, 4.00 pmTender results: Wednesday, 9 November 2016 (Available on the www.onemotoring.com.sg website)The total quota available for this tender is 4,261 for the following vehicle categories:NON-TRANSFERABLE CATEGORIES:Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,929Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,347Category D: Motorcycles => 399TRANSFERABLE CATEGORIES:Category C: Goods Vehicles and Buses => 185Category E: Open Category => 401I make a quick comparision with last bidding exercise, and surprisingly, only Cat A experienced a more "significant" cut in quota (less 94 COE), while quota for the other categories remain largely untouch or inline with LTA previous announcement on COE quota from Nov 2016 - Jan 2017.Cat AOct 2nd Bidding => 2,023Nov 1st Bidding => 1,929Changes => -94 (-4.6%)Cat BOct 2nd Bidding => 1,340Nov 1st Bidding => 1,347Changes => +7 (+0.5%)Cat COct 2nd Bidding => 360Nov 1st Bidding => 399Changes => +39 (+10.8%)Cat DOct 2nd Bidding => 188Nov 1st Bidding => 185Changes => -3 (-1.6%)Cat EOct 2nd Bidding => 429Nov 1st Bidding => 401Changes => -28 (-6.5%) P/S: There seems to be some issues with tinypic.com, as well as the alternate photo uploading site I am using (the chart cannot be displayed). So I have attached the latest 2015 & 2016 chart via MCF attachment for your reference. Edited November 4, 2016 by Carbon82 ↡ Advertisement 11 Link to post Share on other sites More sharing options...
Pocy Hypersonic November 4, 2016 Share November 4, 2016 The details of the November 2016 first open bidding exercise for Certificates of Entitlement (COEs) are as follows: Tender opens: Monday, 7 November 2016, 12 noon Tender closes: Wednesday, 9 November 2016, 4.00 pm Tender results: Wednesday, 9 November 2016 (Available on the www.onemotoring.com.sg website) The total quota available for this tender is 4,261 for the following vehicle categories: NON-TRANSFERABLE CATEGORIES: Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,929 Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,347 Category D: Motorcycles => 399 TRANSFERABLE CATEGORIES: Category C: Goods Vehicles and Buses => 185 Category E: Open Category => 401 I make a quick comparision with last bidding exercise, and surprisingly, only Cat A experience a more "significant" cut in quota (less 94 COE), while quotat for the other categories remain largely untouch or inline with LTA previous announcement on COE quota from Nov 2016 - Jan 2017. Cat A Oct 2nd Bidding => 2,023 Nov 1st Bidding => 1,929 Changes => -94 (-4.6%) Cat B Oct 2nd Bidding => 1,340 Nov 1st Bidding => 1,347 Changes => +7 (+0.5%) Cat C Oct 2nd Bidding => 360 Nov 1st Bidding => 399 Changes => +39 (+10.8%) Cat D Oct 2nd Bidding => 188 Nov 1st Bidding => 185 Changes => -3 (-1.6%) Cat E Oct 2nd Bidding => 429 Nov 1st Bidding => 401 Changes => -28 (-6.5%) Good Luck to all waiting for COE!! Cheers!! 1 Link to post Share on other sites More sharing options...
Vulcann 6th Gear November 4, 2016 Share November 4, 2016 Thanks bro Carbon82 for the continual effort made so far [thumbsup] 3 Link to post Share on other sites More sharing options...
wdldalian 2nd Gear November 4, 2016 Share November 4, 2016 I think the impact of reduced quota and car show is much less than the impact of private rental company's bidding. If they bid less, COE would drop. Link to post Share on other sites More sharing options...
s1nner 3rd Gear November 4, 2016 Share November 4, 2016 All upzzzz Cat A $52K-54K Cat B $56K-58K i reckon. . . . . . . Link to post Share on other sites More sharing options...
therock Supersonic November 4, 2016 Share November 4, 2016 (edited) The main factors for a higher COE: - year end bonus - expo sales - coming CNY demand - follow on demand for the Motor Show - decreased COE quota - pent up three week demand Factors for a lower COE Market uncertainly Uber and Grab demand petering out? My take 55-60k for Cat A and Cat B 60k for open Cat Edited November 4, 2016 by therock 1 Link to post Share on other sites More sharing options...
ulysses84 1st Gear November 4, 2016 Share November 4, 2016 All upzzzz Cat A $52K-54K Cat B $56K-58K i reckon. . . . . . . understand from PI, typically +/- range $5k from the last round bidding is the typical fluctuation. Link to post Share on other sites More sharing options...
Dilemma 5th Gear November 4, 2016 Share November 4, 2016 All cat down $1000 - $2000 Link to post Share on other sites More sharing options...
13177 Supersonic November 4, 2016 Share November 4, 2016 (edited) 94 cut for Cat A quota, meaning about 47 less per coe round? Actually doesnt make any great difference lo, but ADs say until the coe quota cut like a lot and price will up a lot also? Overall i think coe might go up during the first bid in nov, but subsequent coe bidding then hard to say. Might come down also since economy really not say very good lo. Coe should still hover around $50k +- la. Edited November 4, 2016 by 13177 2 Link to post Share on other sites More sharing options...
RH1667 Hypersonic November 4, 2016 Share November 4, 2016 94 cut for Cat A quota, meaning about 47 less per coe round? Actually doesnt make any great difference lo, but ADs say until the coe quota cut like a lot and price will up a lot also? Overall i think coe might go up during the first bid in nov, but subsequent coe bidding then hard to say. Might come down also since economy really not say very good lo. Coe should still hover around $50k +- la. if they dont say this way, how to get people to quickly faster sign on dotted line ? 7 Link to post Share on other sites More sharing options...
Victor68 Turbocharged November 4, 2016 Share November 4, 2016 as car sale person i will obviously tell you to quickly buy otherwise sure go up. but i am not in car sale haha 1 Link to post Share on other sites More sharing options...
MQX87511 5th Gear November 4, 2016 Share November 4, 2016 does it mean COE quota peak already has passed over, subsequently quota will gradually shrink until wave bottom 2022? Link to post Share on other sites More sharing options...
13177 Supersonic November 4, 2016 Share November 4, 2016 if they dont say this way, how to get people to quickly faster sign on dotted line ? True also. Even next round coe might not go up, and yet sales people might tell potential buyer faster signed, and existing customer faster top up. If not coe will go up and up and up. Lol. 2 Link to post Share on other sites More sharing options...
L23 6th Gear November 4, 2016 Share November 4, 2016 All cats drop this time round Link to post Share on other sites More sharing options...
Blueray Hypersonic November 4, 2016 Share November 4, 2016 If COE up - blame Uber + garmen If COE down - blame economy + garmen I summarise already savvy ? 5 Link to post Share on other sites More sharing options...
Hosaybo 6th Gear November 4, 2016 Share November 4, 2016 Good Luck to all waiting for COE!! Cheers!!need more than luck..... Need $$$$$$! 1 Link to post Share on other sites More sharing options...
Pocy Hypersonic November 4, 2016 Share November 4, 2016 If COE up - blame Uber + garmen If COE down - blame economy + garmen I summarise already savvy ? If COE unchanged - kelong liaoneed more than luck..... Need $$$$$$!No $$$$$$ ... no talk ... no 1 Link to post Share on other sites More sharing options...
s1nner 3rd Gear November 4, 2016 Share November 4, 2016 All cats drop this time round I oso hope so, really hope so ↡ Advertisement Link to post Share on other sites More sharing options...
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