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COE Bidding – 2nd Round of July 2018


Carbon82
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[sunny] Good Luck to all vested! [sunny]

 

Past Bidding Results (2001 - 2018)

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PQP (2013 - 2018)

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

 

Tender opens: Monday, 16 July 2018, 12 noon

Tender closes: Wednesday, 18 July 2018, 4.00 pm

Tender results: Wednesday, 18 July 2018 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,143 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,443

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,285

Category D: Motorcycles => 537

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 320

Category E: Open Category => 558

 

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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(edited)

Rain or shine, you will always be here to create a thread when there is coe bidding. Impressed!

Edited by Ct3833
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(edited)

@carbon82 ,

 

Appreciate your effort to create thread every other week!

 

Edited by Ronleo
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Turbocharged

Hopefully CAT A stays below $30k. Dealers better don't chiong your bids in one go ok?? Can ask your customers to wait long long 3-4months. Potential car owners who bought cars over the past 2 weeks don't come ask stupid FAQ questions like "why dealer never bid for me?" - this one explained until saliva dry.

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10 yr ago, A was $14K & B was $15K , in July. So why a $30K COE feels cheap? 

Take Elantra S, $73,999 is a $30K COE price (not $25K). Dealers has no problem bidding at $30K. 

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If the rumor on the system glitch happened during the last 10 minutes of last bidding is true, u can expect coe to go back to ard 35k level.

 

If not, 20 ish k should be the new norm.

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Dear Carbon82, thanks again for your community service. Your last write-up (1st Round of July 2018) was so well written I that begin to receive it from a few of my whatsapp chat!! You can consider a second career as a motoring journalist.

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Anyone have any photo to share about last weekend showroom crowd, that can be a gauge of buyer interest and demand for COE.

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