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COE Bidding - 1st Round July 2019


Wolverine23
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One more point of view is that COE quota cut is due to fewer deregistration which is due to more people extending their COEs. Correspondingly the demand for new cars drops. So with COE supply drop, there is also a possible demand drop.

 

Unless people are extending COEs to keep as an extra car

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Wah 7 early 8 early got people start the July COE thread liao... Lucky I have the habit of searching the forum before starting a new thread, else will have to ownself warn ownself  :XD: :XD:

 

 

 

[flowerface] Community Service Time [flowerface]

2 useful links for our dear MCFers:

Real Time COE Bidding Results

Check Your COE Bidding Status

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

Past Bidding Results (2001 - 2015)


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Past Bidding Results (2016 - 2019)
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Trend Chart (Jul 2017 - Jun 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 July 2019 1st open bidding exercise for Certificates of Entitlement (COEs) are as follows:

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

The total quota available for this tender is 4,243 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,431
Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,141
Category D: Motorcycles => 902

TRANSFERABLE CATEGORIES:
Category C: Goods Vehicles and Buses => 390
Category E: Open Category => 379

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When there’s a economic downturn,Singaporeans tends to rush out to get a new car.

 

Ya, buying new cars is a form of de-stress for Singaporeans...  :)

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(edited)

CS 0.45 month bonus in July not enough to support the demand for new cars :D

Civil serbent very dignified hor, 0.45 month smelly smelly also 4-5k. Edited by Mockngbrd
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Means they earning 8k to 10k per month?

 

U wait long long.

 

10 years ago alr this kind of salary. Now maybe even more.

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Turbocharged

Means they earning 8k to 10k per month?

 

U wait long long.

 

8 to 10k quite common for those senior officers. Even junior officer with long service about 20 years should be about 5k to 7k already depending on which civil service

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Cat. A: $27K

Cat. B: $35K

 

 

CAT B at 35k means Mitsubishi ASX at 93k is earning very thin profit margin, hence, it is quite likely that CAT B is below 35k today.

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CAT B at 35k means Mitsubishi ASX at 93k is earning very thin profit margin, hence, it is quite likely that CAT B is below 35k today.

hmm... but if they are able to sell at 97k with 39k COE, wouldn't they be making the same margin if they sell at 93k with 35k COE?

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Turbocharged
(edited)

There is a very high chance of Cat A & B slipping by an average of 5% to 10%  if you take into consideration the bidding pattern in the last bid. Some distributors held back bidding for recently secured orders despite the car already arrived on Singapore shores. 

Edited by Vinceng
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Sometimes when everyone expect to go down, the coe go up instead. Then those people waitng for it to come down will nag and wonder why they nv go buy car before today's bidding.

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I assume today's result will not be higher than the previous one.

 

CatA=$23,999

CatB=$28,999

CatC=$18,999

CatD=$2,888

CatE= $29,999

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