COE Bidding – 2nd Round of August 2019

[13177]

Today bidding Cat A and B very amount very close!

[sp1d3rMan77]

stuck at 31,825?

[Jwee85]

Bidding status as at 21/08/2019 15:58:07 hrs

Category Current COE Price ($) Quota Bids Received

A CAR UP TO 1600CC & 97KW 31,828 1,062 1,717

B CAR ABOVE 1600CC OR 97KW 38,334 1,045 1,396

C GOODS VEHICLE & BUS 26,001 283 402

D MOTORCYCLE 4,201 742 938

E OPEN-ALL EXCEPT MOTORCYCLE 39,690 363 575

Source: Land Transport Authority

[13177]

Cat A coe surprisingly no increased crazily?

[Tannl]

Drop drop drop like grapes

[sammi91]

Cat A coe surprisingly no increased crazily?

 

 

The number of bids also dropped from last round bidding.

[Terence2112]

Surprised at the results. I was expecting an increase for both categories.

[RogerNg_185295]

Cat A coe surprisingly no increased crazily?

You hope it increase a lot?

[Blackknight88]

Category Current COE Price ($) Quota Bids Received

 

A CAR UP TO 1600CC & 97KW 31,917 1,062 1,725

 

B CAR ABOVE 1600CC OR 97KW 38,602 1,045 1,415

 

C GOODS VEHICLE & BUS 26,501 283 446

 

D MOTORCYCLE 4,301 742 1,010

 

E OPEN-ALL EXCEPT MOTORCYCLE 40,002 363 593

Edited August 21, 2019 by Blackknight88

[13177]

You hope it increase a lot?

Everyone thought so lo.

 

So Cat A dropped a bit.

[subzero17]

Cat A: 32.2k

Cat B: 41k

 

My predictions are in.

My Cat A was quite close. Missed Cat B by 2k plus :(

[Jwee85]

This just proved that demand is 'weak' and 'artificially' drummed up by rumors and buyers wrongly trusting the confidence smooth talking tricksters in the trade??

[13177]

All those who did not secure their coe in last round, did you guys manged to get it?

[LinusLoh_1967]

So, did everyone get their COEs?

[13177]

This just proved that demand is 'weak' and 'artificially' drummed up by rumors and buyers wrongly trusting the confidence smooth talking tricksters in the trade??

No la, think due to ghost month?! Lol.

[sp1d3rMan77]

All those who did not secure their coe in last round, did you guys manged to get it?

i got mine this round!

[Hotbod]

All those who did not secure their coe in last round, did you guys manged to get it?

 

Yup. AD bidded reserve price around $33K 

[Toyopet]

3 weeks backlog in previous bidding thats why more bids.