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COE Bidding – 2nd Round of May 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 (May 2017 - Apr 2019) *chart taken from www.sgcarmart.com
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PQP (2010 - 2015)

 

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PQP (2016 - 2019)

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The details of the May 2019 2nd open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Tuesday, 21 May 2019, 12 noon
Tender closes: Thursday, 23 May 2019, 4.00 pm
Tender results: Thursday, 23 May 2019 (Available on the www.onemotoring.com.sg website)

The total quota available for this tender is 4,327 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,475
Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,163
Category D: Motorcycles => 898

TRANSFERABLE CATEGORIES:
Category C: Goods Vehicles and Buses => 409
Category E: Open Category => 382

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It is possible to see minor technical correction for Cat B and E. It has been a sea of red in the table in 2019. Cat A price should continue to climb.

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It is possible to see minor technical correction for Cat B and E. It has been a sea of red in the table in 2019. Cat A price should continue to climb.

Could taxi be included in car A and car B soon??

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Could taxi be included in car A and car B soon??

 

I don't think there will be any policy shift in this quarter since the taxi/PHV review has not been announced by LTA.

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It is possible to see minor technical correction for Cat B and E. It has been a sea of red in the table in 2019. Cat A price should continue to climb.

 

 

yes, just play with the technical indicators, you will know where the next level will be. so far, it has respected those levels very well.

whether the levels are "over bought " or not, or have broken through and have started a new trend / direction.

once you seen the chart, you will know how accurate it is. 

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Cat A must reached about the same price level as cat B and E. So cat A high chance will go up.

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However the previous COE bidding was for 3 weeks.. upcoming one for 2 weeks only.

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Trade war has expanded. China will retaliate. Good chance for corrections in COE. Those who missed the H2 2018 boat should stand by for some discounts.

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Trade war has expanded. China will retaliate. Good chance for corrections in COE. Those who missed the H2 2018 boat should stand by for some discounts.

Sounds like music to my ears. Hope your words will come true.
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Trade war has expanded. China will retaliate. Good chance for corrections in COE. Those who missed the H2 2018 boat should stand by for some discounts.

 

still early to tell...

 

so far only stock markets react

 

COEs have always been a lagging economic indicator?

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Sounds like music to my ears. Hope your words will come true.

 

Some people only want COE price to go up.  I got 5 dislikes:

 

Anonymous : 5 Dislikes for COE Bidding – 2nd Round of May 2019

Comment:
Dream on my friend...might as well say property will crash tooReport

 

Up down is just a guessing game  [laugh]

 

Just keep a look out for a small window of opportunity in this quarter.

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Some people only want COE price to go up.  I got 5 dislikes:

 

Anonymous : 5 Dislikes for COE Bidding – 2nd Round of May 2019

Comment:
Dream on my friend...might as well say property will crash tooReport

 

Up down is just a guessing game  [laugh]

 

Just keep a look out for a small window of opportunity in this quarter.

 

 

maybe it's some car agents dislike your post? :D

 

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maybe it's some car agents dislike your post? :D

 

 

maybe too many holding expensive CAT E COEs

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Posted (edited)

Trade war has expanded. China will retaliate. Good chance for corrections in COE. Those who missed the H2 2018 boat should stand by for some discounts.

Not likely for 2 reasons, 1. COE quota allocation is on a reducing trend, 2. LTA is getting TAXI companies to push up coe price. So whether the next few rounds are goinig to drop slightly or hold flat, this is the time to buy new car before COE going up again .

Moreover, the reduction in quota allocation is going to be more drastic than anticipate because many car owners have opted to renew COE over the past recent months, which will cause the already lower amount of COE due for recycle to sink deeper. In March alone there were about 7,400 COE revalidations, April will likely be higher though the stats is not out yet. I am one of the culprits.

Edited by Ct3833
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maybe it's some car agents dislike your post? :D

 

 

More likely those who paid a high price for their COE  :o

 

Except for Cat A, my guess is other Cats have a very good chance of some correction in this volatile quarter.

 

Some PIs have already reduced their prices, presumably because of falling sales volume.

 

Enjoy the bidding this week  :D

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Posted (edited)

More likely those who paid a high price for their COE :o

 

Except for Cat A, my guess is other Cats have a very good chance of some correction in this volatile quarter.

 

Some PIs have already reduced their prices, presumably because of falling sales volume.

 

Enjoy the bidding this week :D

I agree with you and I think it will be even worse.

 

I can see stock market crashing and COE following shortly after.

 

:D

 

The coward with the high COE feel free to give me negative points.

Edited by Jamesc
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Cat. A: $36K

Cat. B: $48K

Hope it stabilized.. or it might fall as economy is going downtrend??

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