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COE Bidding – 2nd Round of March 2018


Carbon82
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[flowerface]Community Service Time [flowerface]

 

I really show hand liao, with a total of 18 years of data (I just found an old file of mine - when I started tracking COE price movement in preparation to get a new ride back in 2001, how time flies...). That is all I have, and hopefully reader of this thread will find it useful in some way.

 

Once again, Best of Luck to those vested. [grouphug] Have a great weekend too. [:)]

 

2001 - 2003

28s81uf.png

 

2004 - 2006

34zd8uq.png

 

2007 - 2009

29qh6hd.png

 

2010 - 2012

2llo7c3.png

 

2013 - 2015

e8vdqg.png

 

2016 - 2018

2emev0y.png

 

 

The details of the March 2018 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 19 March 2018, 12 noon

Tender closes: Wednesday, 21 March 2018, 4.00 pm

Tender results: Wednesday, 21 March 2018 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,301 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,559

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,402

Category D: Motorcycles => 522

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 247

Category E: Open Category => 571

 

During the bidding exercise, bidders can check on the status of their bids and revise their reserve price using these banks’ services or the LTA Open Bidding website (https://ocoe.lta.gov.sg).

 

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Wow, Carbon82, your COE data really superb!! Thanks!

 

For this round, CAT A will probably drop. Only question is whether it will fall below the Sept 2017 level of $36K. I have a feeling it might judging from the way things have been going the past few rounds.

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Supersonic

i dont see alot of car ads on Sat ST, is that a sign?

 Still quite a lot la.

 

So you say up or down? [laugh]

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Still quite a lot la.

 

So you say up or down? [laugh]

No leh I feel it's vy little Liao leh

 

But anyway I hope down la. I wan to renew below $30k. Hahaha

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No leh I feel it's vy little Liao leh

 

But anyway I hope down la. I wan to renew below $30k. Hahaha

low 30s i can still believe. below 30k i think those days are over...
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the show rooms are packed over the weekends. perhaps bargain hunters hoping the coe will drop?

 

The crowd in show room so so only. Unless those PHV company or taxi company come in stir, it should drop. Just not sure if can drop below $36k. That seems to be the low bar. 

 

On another note, not sure if we can see another $1 COE 

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i note in SGCARMART many AD of bread and butter car seem to have raised prices 1-2k.  methink that generally means an increase in COE prices.

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From my detailed analysis of the charts.

From Dec 2017 till March 2018.

The trend is really Up-Down-Up-Down...

First bid of the months are all UP.

Second bid of the months are all DOWN.

 

So this is second round of March, it will be DOWN.

 

I sense the demand is weak for cars. But demand for motorcycle COE will be strong because the replacement formular used for motorcycle is unfair, because the replacement quota for motorcycle is on Negative rate.

 

Cat.A = $29,889.

Cat.B = $31,889.

Cat.D = $9,089.

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