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Carbon82

COE Bidding – 1st Round of January 2019

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[flowerface] Community Service by MCF [flowerface]

 

2 useful links for our dear MCFers, who are following the bidding exercise:

Real Time COE Bidding Results

Check Your COE Bidding Status

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

Past Bidding Results (2001 - 2012)

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Past Bidding Results (2013 - 2018)

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Trend Chart (Jan 2017 - Dec 2018) *chart taken from www.sgcarmart.com
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PQP (2013 - 2018)
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The details of the January 2019 1st open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Monday, 7 January 2019, 12 noon
Tender closes: Wednesday, 9 January 2019, 4.00 pm
Tender results: Wednesday, 9 January 2019 (Available on the www.onemotoring.com.sg website)

The total quota available for this tender is 5,048 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,815
Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,245
Category D: Motorcycles => 1,112

TRANSFERABLE CATEGORIES:
Category C: Goods Vehicles and Buses => 330
Category E: Open Category => 546

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2019 is the year to get a new car at good price

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Yes we missed you.

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2019 is the year to get a new car at good price ð

Yes this is the year. Mid year onwards
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Posted (edited)

Yes this is the year. Mid year onwards

What is the reason? Quota has peaked in nov-jan. Feb-apr quota roughly 1710 per round, may-jul quota probably 16xx, aug-oct quota should have significant drop, maybe 14xx or less.

 

From quota alone, feb-apr and maybe may-jul is last chance

 

Anyway predict jan 1st bidding 26k.

Edited by assiak71
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Cat A : + $3k

 

Cat B : + $1k

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Thanks to @Carbon82 for his contribution again in the new year.

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the next 2 biddings will be a very good indicator as what will 2019

 

COE range will be

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2019 is the year to get a new car at good price

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Recently start seeing more cars with PHV stickers on the road. Some with SMx plate.

Rental biz picking up? Will they start bidding for COE again?

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Posted (edited)

Yes this is the year. Mid year onwards

I have opposite view from you. First half year should be good time. Edited by Roh96
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I think LCR is desperate to offload them to these used car dealers at discounted prices.

 

The longer they hold, the more losses they make.

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Hi laojiaos. Newbie here...

 

I notice many PI listed 2 prices for a same model.

A immediate COE bid price can be about $3-4k more expensive than a say 6 bids COE.

 

Am I correct to infer that general sentiment, at least that of the PIs, is that COE will continue to plunge?

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I guessed a minor crash to low 20K last round but the number of bid seems high. Looks like demand is still there at $25K range.

 

My guess is not much change..

Cat. A: $26K

Cat. B: $31K

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