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COE Bidding - 1st Round of June 2016


Carbon82
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(edited)

Let me start the ball rolling. All input welcome. [gossip]
 2ugpixh.png

 

The details of the June 2016 first open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Monday, 6 June 2016, 12 noon

Tender closes: Wednesday, 8 June 2016, 4.00 pm

Tender results: Wednesday, 8 June 2016 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,859 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 2,218

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,470

Category D: Motorcycles => 407

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 228

Category E: Open Category => 536

 

Edited by Carbon82
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Just remove the revenue column lah, make the table so messy..

 

Dun need everything must make reference to our money face govt right?

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(edited)

Just remove the revenue column lah, make the table so messy..

 

Dun need everything must make reference to our money face govt right?

I am helping KBW to keep track of his $5bil KPI :ninja:

 

And it would be interesting to see if the revenue collected for this bidding exercise smash the previous records of $228.3mil set just a month ago. :yuush:

Edited by Carbon82
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I am helping KBW to keep track of his $5bil KPI :ninja:

 

And it would be interesting to see if the revenue collected for this bidding exercise smash the previous records of $228.3mil set just a month ago. :yuush:

 

 

Boh Quota???!!!!!!

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I am helping KBW to keep track of his $5bil KPI :ninja:

 

And it would be interesting to see if the revenue collected for this bidding exercise smash the previous records of $228.3mil set just a month ago. :yuush:

 

The Cash Cow is on Cat A, B & E.

 

On avg, these 3 Cat need to cross 51k to have a chance at the record. 

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(edited)

Think many wont get COE this round. As its all about margins, if I were dealer I will wait for some sales based on the increased car price over the next few weeks before starting to bid in the >50k range. If they bid>50k range on 8 June based of the lower car prices over the last week or so their margins would suffer. So they'll just wait at least till June 2nd round to bid higher. They make good use of their 6 to 8 bids G/NG at this stage.

Edited by Rachdanom
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Motor industry need to work on:

 

1) pre policy changes Coe backlog

2) post policy changes Coes

3) post post policy changes Coes

 

May it take a while to stablise situation. Maybe > 3 months.

Looks like price will cross 50k. In all categories for motorcars.

Amazing Q3 retail sales up shall prop up our econ performance?

 

Btw: the bonuses of our ministers are all tied to GDP % right if memory didn't fail me. Or no...?

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