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COE Bidding – 2nd Round of June 2017


Carbon82
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(edited)

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The details of the June 2017 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 19 June 2017, 12 noon

Tender closes: Wednesday, 21 June 2017, 4.00 pm

Tender results: Wednesday, 21 June 2017 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 5,326* for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,906*

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,321*

Category D: Motorcycles => 460*

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 1,085*

Category E: Open Category => 554*

 

* Estimated figures since LTA no longer publish details of COE available, prior to start of each bidding exercise.
 

Edited by Carbon82
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Turbocharged

wow lau, wednesday bidding this thread loose steam liao. all busy with major events har?

 

i think cat a going to drop further with cat b following the down trend. even Renault road show at IMM not much people checking out except children playing with the doors.

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my prediction:

 

whole COE market in turmoil because of recent ground breaking discovery that Toyota Harrier NA in Power Mode can complete century sprint under 7 secs

 

everyone going for Harrier NA!!

 

CAT A $1 (cannot buy harrier NA with CAT A)

CAT B $100k

CAT C $1 (cannot buy harrier NA with CAT C)

CAT D $1 (cannot buy harrier NA with CAT D)

CAT E $100k

 

 

 

 

[laugh]  [laugh]

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Turbocharged

It will continue its downtrend (fluctuation up and down) at least till year end. Saturation of private hire sector and the requirement for decal, vocation licence will have a big impact. 

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It will continue its downtrend (fluctuation up and down) at least till year end. Saturation of private hire sector and the requirement for decal, vocation licence will have a big impact. 

Contrary to popular belief and the data shocked me as well. PH cars grew at about 1,800 cars per month in 2015. The growth rate declined to 870 cars per month last year, but after a year of slow down,  the growth rate over the last five months has increased to 2,000 cars per month. Looks like PH cars still have a very strong demand.  

 

https://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M06-Vehs_by_Type.pdf

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Contrary to popular belief and the data shocked me as well. PH cars grew at about 1,800 cars per month in 2015. The growth rate declined to 870 cars per month last year, but after a year of slow down, the growth rate over the last five months has increased to 2,000 cars per month. Looks like PH cars still have a very strong demand.

 

https://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M06-Vehs_by_Type.pdf

Looking at the chart this is true but one will wonder what happened after the new rules like the decals and license come in.

 

The current lower coe levels already factor in this 2000 cars per month growth rate. What if demand dwindles some time after the new rules kick in?

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Contrary to popular belief and the data shocked me as well. PH cars grew at about 1,800 cars per month in 2015. The growth rate declined to 870 cars per month last year, but after a year of slow down,  the growth rate over the last five months has increased to 2,000 cars per month. Looks like PH cars still have a very strong demand.  

 

https://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M06-Vehs_by_Type.pdf

 

I didn't even know got PHV in 2015! Thought only started last year....

 

Anyway there are also many vids of idiotic PHV drivers circulating. Next thing you know LTA will clamp down further on PHV licensing which of course leads to further decline in PHV registrations....

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Supersonic

Contrary to popular belief and the data shocked me as well. PH cars grew at about 1,800 cars per month in 2015. The growth rate declined to 870 cars per month last year, but after a year of slow down,  the growth rate over the last five months has increased to 2,000 cars per month. Looks like PH cars still have a very strong demand.  

PH cars confirmed have a very strong demand. After the implementation of the car decal for PH cars, you can see like almost every car on the road is PH car! Lol.

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Wait long enough till neck long long COE prices will never come down lo... the most little drop or up and don't forget those Uber and Grab are prepare to burn money till they capture the market !!

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Drop. Another 1-2k and will keep dropping gradually

 

Why? Root cause of high coe price is uber and grab, july onwards PR cannot drive UG. UG already reduce the buying quota. Cat A will have the most changes

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