2014 Aug 2nd COE Bidding Exercise

[Baal]

 

Edited ... my post .... 1530 hrs tomorrow...

Cat D action starts at 15:59:59 hrs

[Hybridcar]

 

Edited ... my post .... 1530 hrs tomorrow...

 

hehee... kan cheong ar?

Cat D action starts at 15:59:59 hrs

 

lol... later AD fingers panic... cannot enter amount properly last minutes... Bang!! $1 dollars COE for CAT D... become headline liao...

 

All Merc and Porsche buyers request their ride using CAT D COE... hehe

Edited August 19, 2014 by Hybridcar

[Achee]

YES chiong high high best 100k

The higher the COE climbs this year the more severe will be the fall next year

[13177]

Actually coe consider dropped quite a bit lo. Imagine about 1 years plus, coe was at 90k plus! Current coe is around 60k plus.

[nazerath]

I am hoping it would drop. Not likely so have to wait.

[Dinobros]

I guess that it will go up to 68k for CAT A & 70k for CAT B.

The earlier drop was due to the anticipation of the unknown in terms of number of new COE that will be released by LTA.

Once the news is out, that there is only additional 120 pcs of CAT A and 50 pcs of CAT B.\

Of course the price will go back up.

 

The real drop will only come in January 2015 when LTA has completed all the adjustment for the over projection in 2008-2009.

But again for January, its CNY + Bonus so it will still be high.

 

Edited August 19, 2014 by Dinobros

[Wt_know]

hold your horses ... $20K COE for xmas? ... muahahahaha

 

Year-end bumper crop of COEs expected

Edited August 20, 2014 by Wt_know

[Waterh2o]

The higher the COE climbs this year the more severe will be the fall next year

COE is bahaving like the stock market. Wait it is more exciting than stupid STI. ha ha

Year end bumper for COE. Does all of you believe the real reason is behind this is due to high de-registration of vehicles?

[yo2020]

The real drop will only come in January 2015 when LTA has completed all the adjustment for the over projection in 2008-2009.

But again for January, its CNY + Bonus so it will still be high.

i think the end of claw back alone in Jan 2015 wouldn't cause a big drop in COE Premium as the number of COE quota to claw back per bidding exercise is not really that many. ie. 54 Cat A, 24 Cat B n 34 Open Cat.

based on LTA's data, i reckon the COE quota will jz keep bumping up n hopefully will reach the peak or near peak by end of next yr.

it does look like the dereg for cars per mth will keep increasing frm the current 2400-2700 to 4000-5000 in abt 6 mths' time. then gotta wait up to 3 mths for them to be recycled.

[Heman75]

 

hold your horses ... $20K COE for xmas? ... muahahahaha

 

Year-end bumper crop of COEs expected

 

today paper headline. COE will drop to 20k .. will be around 40k+ a few years down

[Enye]

please crash

 

[Duckduck]

theyll never get it right... lower COE = more buyers = more traffic jam = more complain = quota tightening... vicious circle

Edited August 20, 2014 by Duckduck

[Wt_know]

no pain no gain

must catch the right cycle

huat ah!!!

 

theyll never get it right... lower COE = more buyers = more traffic jam = more complain = quota tightening... vicious circle

[Heman75]

theyll never get it right... lower COE = more buyers = more traffic jam = more complain = quota tightening... vicious circle

why cant they do away with the bidding.. do like hbd balloting.. if got it it is non transferable and must register car under the name and must return back to LTA if don't want to drive. of cos the consequences is ppl with coe will rent the car and make money. so there must be enforcement and caught will result in no able to go for balloting for life. financing rules stays, down 50% and balance in 5years. bottom line is they want to make money.

[Enye]

no pain no gain

must catch the right cycle

huat ah!!!

 

 

live whole life trying to catch some silly cycles

 

be it property, cars, P1 enrolment etc

 

this kind of life good meh?

[L23]

theyll never get it right... lower COE = more buyers = more traffic jam = more complain = quota tightening... vicious circle

Then they will be hired to solve all these problem ma...

If no problem, you think these guys will be sitting there meh?

They will contribute to the unemployment rate soon lo...

[Wt_know]

that's life ...

if life is a constant straight line ... that is even worst, no?

 

 

live whole life trying to catch some silly cycles

 

be it property, cars, P1 enrolment etc

 

this kind of life good meh?

 

Edited August 20, 2014 by Wt_know

[Duckduck]

fast forward another 10-20yrs, i wont b surprised if nominal COE at $100K is considered normal