COE- March 2011 1st Bidding Exercise

[Laworder17]

 

 

 

March 2011 First Open Bidding Exercise for Certificates of Entitlement

 

The details of the March 2011 first open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 7 March 2011, 12 noon

 

Tender closes: Wednesday, 9 March 2011, 4.00 pm

 

Tender results: Wednesday, 9 March 2011

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

 

The total quota available for this tender is 1,893 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

 

Category A : Cars (1,600cc and below) & taxis 532

 

Category B : Cars (1,601cc and above) 424

 

Category D : Motorcycles 325

 

TRANSFERABLE CATEGORIES:

 

Category C : Goods Vehicles and Buses 276

 

Category E : Open Category 336

[SimonTan]

Many nice cars coming.

Audi A1.

VW Jetta.

Suzuki swift.

Nissan March.

 

Cat.A will be HOT.

 

[Darryn]

Think this round will be really hot...long gap plus some really good new cat A cars.

 

Then with so few available will be hot hot hot....

[13177]

Every round of COE also hot lo, not only this round.

[Tohto]

Many nice cars coming.

Audi A1.

VW Jetta.

Suzuki swift.

Nissan March.Cat.A will be HOT.

 

This is not nice, 1.2L 3 cylinder engine, more for 3rd world country.

Cannot understand why TC bring in such a out dated engine.

[Kangadrool]

This is not nice, 1.2L 3 cylinder engine, more for 3rd world country.

Cannot understand why TC bring in such a out dated engine.

 

We are classified as 3rd world country by Japenis. Don't think TC has a choice. The choice is made by Nissan, where to manufacure and where to distribute, etc.

[GLZT]

We are classified as 3rd world country by Japenis. Don't think TC has a choice. The choice is made by Nissan, where to manufacure and where to distribute, etc.

 

Bro, you sure we classified as 3rd world country from their POV?

[Kangadrool]

We are not even up to Korea standard. Of all the Tigers, we are the smallest and lowest Tiger in terms of economy.

 

Be humble.

 

Even our garment once vehemently protested when USA classified us 1st world country to take away our special economic previleges.

 

We are still developing country, not yet a developed country. Wise up.

Edited March 7, 2011 by Kangadrool

[SimonTan]

This is brand new design engine.

 

Also got the 3 cylinder super charged engine....coming soon. Released in Geneva already.

 

Fuel economy mah....wait till the fuel shoot up $150......small cars will be popular once more.

 

 

This is not nice, 1.2L 3 cylinder engine, more for 3rd world country.

Cannot understand why TC bring in such a out dated engine.

 

[13177]

This is brand new design engine.

 

Also got the 3 cylinder super charged engine....coming soon. Released in Geneva already.

 

Fuel economy mah....wait till the fuel shoot up $150......small cars will be popular once more.

Maybe pple now still not used to high COE, and so they are not willing to pay over $70K for a small car. I remembered back in 90s, all small cars price at least $70K to $80K, but pple still buy them.

[Nf0rc3r]

its already beginning to stabalise. Rise drop rise drop but getting stable. Next Cat A one will fall but maybe only 1-2k. Cat B may be stable or may rise.

[13177]

its already beginning to stabalise. Rise drop rise drop but getting stable. Next Cat A one will fall but maybe only 1-2k. Cat B may be stable or may rise.

Agreed, COE price will stay btw $40K to $60K plus mark, so either u have to accept it or don't accept it now.

[Timex1441]

Agreed, COE price will stay btw $40K to $60K plus mark, so either u have to accept it or don't accept it now.

dun accept also cannot right? it's circumstances beyond one's control.

sometimes, u got to believe tat timing n luck can matter a lot.

was talking to a colleague the other day....he has an older relative who became super lucky in 2008-2009....kenna Toto (not the big prize but abt 20K, which is darn gd IMO), old condo selected for enbloc (got an amount close to $1M), decided to change cars n bought at very low COE price (around Feb or Mar 09), n then won free air tickets at travel fair....

now, how to beat this kind of good luck?!?!

[13177]

dun accept also cannot right? it's circumstances beyond one's control.

sometimes, u got to believe tat timing n luck can matter a lot.

was talking to a colleague the other day....he has an older relative who became super lucky in 2008-2009....kenna Toto (not the big prize but abt 20K, which is darn gd IMO), old condo selected for enbloc (got an amount close to $1M), decided to change cars n bought at very low COE price (around Feb or Mar 09), n then won free air tickets at travel fair....

now, how to beat this kind of good luck?!?!

Your colleague's relative really very very lucky! Got strike BIG prize few times in a row! Some pple have the luck, like one of my friend who drove a car for almost 10 yrs and when it is the time for him to change car, he bought a MPV, and who knows he got the $2 COE!

Edited March 7, 2011 by 13177

[Carer]

just booked a new car over the weekend with g. COE. hope cat b up up up!

[Mllcg]

actually, if u wanna confirm a COE, can u just bid high?

[Kangadrool]

just booked a new car over the weekend with g. COE. hope cat b up up up!

 

Strange thinking. Up up up for what???

 

Shouldn't those who booked for cars wished that COE will somehow "crash" (not $2, but say $5K, 10K or even $20K kind), so that they can realize some refunds when COE falls below the stipulated COE rebate level as per sales contract?

 

What's the point of wishing high high up. Your AD might just not be able to secure it for you!

[Laworder17]

COE Open Bidding

 

Bidding will end on 09/03/2011 16:00 hrs

Bidding status as at 09/03/2011 06:15:25.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 532 29

B CAR (ABOVE 1600CC) 1 424 14

C GOODS VEHICLE & BUS 1 276 5

D MOTORCYCLE 1 325 118

E OPEN 1 336 2

Source: Land Transport Authority