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COE Bidding – 2nd Round of November 2017


Carbon82
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Responsible and friendly discussions is the best way of showing your appreciation for my community service. winking-face_1f609.png

And best of luck to those vested.

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

 

Tender opens: Monday, 20 November 2017, 12 noon

Tender closes: Wednesday, 22 November 2017, 4.00 pm

Tender results: Wednesday, 22 November 2017 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,367 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,686

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,383

Category D: Motorcycles => 538

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 244

Category E: Open Category => 516

Edited by Carbon82
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wah so many sifu here

how you guys derive the "+" and "-" huh?

go through all the charts 2006-2017 line by line ar? .... muahahaha [laugh]

Edited by Wt_know
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wah so many sifu here

how you guys derive the "+" and "-" huh?

go through all the charts 2006-2017 line by line ar? .... muahahaha [laugh]

Got one prediction no + and no - leh...
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Some AD dangle no price increase after the last COE surge. Believe more panic buyers pulled the trigger. A friend that has a 6 years old car also bought a new car last week. Couple with the backlog that didn't get COE in the last round, I suppose both CAT will still head north by at least 3k.

Edited by xinz
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saw the ads that AD did not increase price

either AD margin sibei fat or they have confidence COE will not cheong $5k-$7k again or COE will drop in Dec

Edited by Wt_know
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Some AD dangle no price increase after the last COE surge. Believe more panic buyers pulled the trigger. A friend that has a 6 years old car also bought a new car last week. Couple with the backlog that didn't get COE in the last round, I suppose both CAT will still head north by at least 3k.

All the 5-7year cars this may be the best time to switch.
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The perfect VES storm will ensure the last three bids for 2017 will be high.

Many buyers are front loading the buying process during this year end period.

Let them be swayed(sweet-talked) by SE/AD to fight over each other, just to save the magical VES($10k to $30k additional taxes in 2018) penalty before 2018. 

 

But I am betting on the 3rd Jan 2018 biding result to crash big time to $20,000 or lower.

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The perfect VES storm will ensure the last three bids for 2017 will be high.

Many buyers are front loading the buying process during this year end period.

Let them be swayed(sweet-talked) by SE/AD to fight over each other, just to save the magical VES($10k to $30k additional taxes in 2018) penalty before 2018. 

 

But I am betting on the 3rd Jan 2018 biding result to crash big time to $20,000 or lower.

 

Maybe people will still be rushing in before the zero COE starts on Feb 2018. All avenues cornered from VES to zero COE.

Edited by Renegade777
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