COE- October 2010 1st Bidding Exercise

[Laworder17]

October 2010 First Open Bidding Exercise for Certificates of Entitlement

 

The details of the October 2010 first open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 4 October 2010, 12 noon

 

Tender closes: Wednesday, 6 October 2010, 4.00 pm

 

Tender results: Wednesday, 6 October 2010

(Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 1,954 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

 

Category A : Cars (1,600cc and below) & taxis 601

 

Category B : Cars (1,601cc and above) 479

 

Category D : Motorcycles 345

[themagi]

Probably go up. Again. It has been up and down, up and down

[Laworder17]

COE Open Bidding

 

Bidding will end on 06/10/2010 16:00 hrs

Bidding status as at 06/10/2010 07:16:54.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 601 121

B CAR (ABOVE 1600CC) 1 479 22

C GOODS VEHICLE & BUS 1 218 1

D MOTORCYCLE 1 345 88

E OPEN 1 311 1

Source: Land Transport Authority

 

[Laworder17]

Good luck to all those bidding for their COE today!!!

Edited October 5, 2010 by Laworder17

[SimonTan]

Out of respect, I think the results will be very low today.

Low demand seen in previous round.

AD only start bidding at the last 10 mins after sensing potential low demand in the last round.

 

I can feel it in my bone, last weekends many was preoccupied with other bigger news, and no mood to buy cars.

 

[Rtth84]

not much big news, anyway big cars COE should go up as this grp of pple are less price sensitive and continue to upgrade their premium cars.

[13177]

Out of respect, I think the results will be very low today.

Low demand seen in previous round.

AD only start bidding at the last 10 mins after sensing potential low demand in the last round.

 

I can feel it in my bone, last weekends many was preoccupied with other bigger news, and no mood to buy cars.

Low demand? But the COE still close ard $30K mark!

[SimonTan]

Just wait and see.

I predict today COE will drop alot.

 

[Laworder17]

COE Open Bidding

 

Bidding will end on 06/10/2010 16:00 hrs

Bidding status as at 06/10/2010 08:55:56.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 601 121

B CAR (ABOVE 1600CC) 1 479 22

C GOODS VEHICLE & BUS 1 218 1

D MOTORCYCLE 1 345 88

E OPEN 1 311 1

Source: Land Transport Authority

[Laworder17]

For the small Cat A is very hard to go below 25k loh. Our dear Taxi companies will jump in the last few mins to grab the COE for their nice new cabbies. As for Cat B, i think demand are still strong!!! As one of the bro has pt out that the rich wouldn't feel a thing even COE raise alot....

[Laworder17]

Forget to mention, today COE bidding, the deposit is back to 10k!!!

[Merkava]

Cat A includes taxis as well. FYI, taxi coys are bidding every 2 weeks. If we don't include them, cat A coe should be around $20k or lower

[13177]

If the cat A is abt $20K then consider low, but i doubt so lor. Cat A COE shld still near $30K.

[Zanter]

Out of respect, I think the results will be very low today.

Low demand seen in previous round.

AD only start bidding at the last 10 mins after sensing potential low demand in the last round.

 

I can feel it in my bone, last weekends many was preoccupied with other bigger news, and no mood to buy cars.

 

You are right. 80% of Singaporeans lost paper money on their HDB cos of Govt property curbs. Since COV is dropping so people r thinking about the future that the prices of their homes will drop more. I dont think it will crash thou since the supply is small. Wait for next few years COE will be lower is my guess. Why need to pay so much "rental" fee to Govt? When later COE is cheaper, people will prefer to get new car vs more expensive COE used cars.

[Laworder17]

COE Open Bidding

 

Bidding will end on 06/10/2010 16:00 hrs

Bidding status as at 06/10/2010 10:45:56.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 601 159

B CAR (ABOVE 1600CC) 1 479 46

C GOODS VEHICLE & BUS 1 218 1

D MOTORCYCLE 1 345 105

E OPEN 1 311 1

Source: Land Transport Authority

 

[Laworder17]

If the cat A is abt $20K then consider low, but i doubt so lor. Cat A COE shld still near $30K.

 

I think Cat A will be at $25k today. Whereas Cat B will remain at $40k mark.

[Yenyenpark]

Singapore now got the most millionaire right? then we will see if it's TRUE millionaire or FAKE millionaire.. by seeing today's COE..

[Jp66]

Just wait and see.

I predict today COE will drop alot.

zun bo! drop by how much?