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COE Bidding – 1st Round of April 2019

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[flowerface] Community Service Time [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 - 2015)


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Past Bidding Results (2016 - 2019)
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Trend Chart (Apr 2017 - Mar 2019) *chart taken from www.sgcarmart.com
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PQP (2010 - 2019)
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The details of the April 2019 1st open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Monday, 1 April 2019, 12 noon
Tender closes: Wednesday, 3 April 2019, 4.00 pm
Tender results: Wednesday, 3 April 2019 (Available on the www.onemotoring.com.sg website)

The total quota available for this tender is 4,396 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,656
Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,202
Category D: Motorcycles => 829

TRANSFERABLE CATEGORIES:
Category C: Goods Vehicles and Buses => 309
Category E: Open Category => 400

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  • Praise 5

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My guess is Cat A and B are approximately flat this round, and there is even a possibility of a very slight correction for Cat B.

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Look like up trend .....,,,,, good luck!!

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  • Praise 3

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Look like up trend .....,,,,, good luck!!

Unlike property market, this one no government cooling measures needed.

 

Instead, they probably want to generate even more revenue by reducing supply quota.

 

Wondering who is laughing all the way to the bank!!

 

:D

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market expecting quota to be cut may-jul period. dealers have already up prices 1-2k. how coe drop? guess CAT-A (+1k), CAT-B (flat).

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stock markets cheong

property market cheong

COE also gonna cheong :D

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stock markets cheong

property market cheong

COE also gonna cheong :D

Those who Cheong now to buy a car will regret it big time. Prices quite high.

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Most should have already obtained their cars since 2018, either new cars or COE cars.

 

In addition, there is also a big number who renewed their COEs.

 

So the demand for the next few months may not be as good as 2nd half of last year.

 

Only PHV is keeping up the for hybrid cars under Cat B but there is a limit to this.

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My guess is both cat will go up slightly.

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Those who Cheong now to buy a car will regret it big time. Prices quite high.

 

aren't prices considered quite low now?

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Not really . COE prices are indeed low now., but car prices still relatively high. Car prices did not drop as much as the COE prices.

 

So to say its low now is not correct.

aren't prices considered quite low now?

 

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Not really . COE prices are indeed low now., but car prices still relatively high. Car prices did not drop as much as the COE prices.

 

So to say its low now is not correct.

Actually car prices got dropped, when coe was at $50k, korean car sells at around 100k, but now you can buy a korean car at $80k or even lower.

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Cat. A: $26K

Cat. B: $40K

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to go down to Jan-19 COE premiums, almost impossible

My bet is that today will either hover around last bid prices or go up even further

next Q allocation lesser...Supply/Demand ….

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Huat ah 50k!

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