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COE Bidding – 1st Round of January 2020

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[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 (Jan 2018 - Dec 2019) *chart taken from www.sgcarmart.com

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PQP (2010 - 2015)

 

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PQP (2016 - 2020)

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The details of the January 2020 1st open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Monday, 6 January 2020, 12 noon
Tender closes: Wednesday, 8 January 2020, 4.00 pm
Tender results: Wednesday, 8 January 2020 (Available on the www.onemotoring.com.sg website)

The total quota available for this tender is 3,469 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,035
Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,022
Category D: Motorcycles => 707

TRANSFERABLE CATEGORIES:
Category C: Goods Vehicles and Buses => 321
Category E: Open Category => 384

 

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  • Praise 11

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2020!!! First Bidding!!!

up up down down up up down!!!

高高低低高高低!!!

  • Haha! 4

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Posted (edited)

I go and check if strike last night toto or not.

If strike I will also join the vested people.

:grin:

image.png.b67fca00808133ee1f9f4ca8ae0267fa.png 

Edited by Jamesc

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Should maintain or be down.  Otherwise no one will go motor show next week.

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Should not go up too much. Since everyone is busy with holidays. 

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My guess up by 1k since CNY soon and bonus drawn can pay downpayment liao, saw show room quite many visitors 😁

20191224_134912.jpg

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Posted (edited)

the gap between Cat A and Cat B prices is the closest since Sep 18...

Edited by Scion

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11 hours ago, Koreancarsg said:

My guess up by 1k since CNY soon and bonus drawn can pay downpayment liao, saw show room quite many visitors 😁

20191224_134912.jpg

Many visitors at showroom also doesnt mean many people buying car lo. Must see how many of them sign on the dotted line? Lol.

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12 hours ago, 13177 said:

Many visitors at showroom also doesnt mean many people buying car lo. Must see how many of them sign on the dotted line? Lol.

did you see his credit card on the table?

does it mean he is ready to do the down payment? I believe so because he was being served with hot tea and coke ice.

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Posted (edited)
On 1/4/2020 at 9:29 PM, Koreancarsg said:

My guess up by 1k since CNY soon and bonus drawn can pay downpayment liao, saw show room quite many visitors 😁

20191224_134912.jpg

Bro, I zoomed in the pic can see your CVV number using naked eye. Although credit card number is in reverse but given it is embossed, it is not hard for imaging software and a IT hacker to do wonders. Play safe and mosaic it before posting online bah.

Nonetheless, congrats on your new purchase and wish you luck in the upcoming bidding. Cheers!

P.S. My guess is remain or up 1k to buffer for Motor Show. 🙂

Edited by Wormee
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Posted (edited)
On 1/4/2020 at 9:29 PM, Koreancarsg said:

Oh no... thanks reminding.

 

 

Edited by Koreancarsg

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Hi guys. I have a question about COE. What happens if there are less bids than the available quota ? How is the price determined in such a case ? Does the COE price become the lowest bidded price or an average ?

 

Can someone please explain this to me with an example ? If less bids are received than the available quota.

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3 minutes ago, carlovexes said:

Hi guys. I have a question about COE. What happens if there are less bids than the available quota ? How is the price determined in such a case ? Does the COE price become the lowest bidded price or an average ?

 

Can someone please explain this to me with an example ? If less bids are received than the available quota.

Let me attempt to explain

Available quota: 50

Submitted bid: 45 and the lowest bid among the 45 is $10. 

Verdict: All 45 bidders pays $10 for their COE

 

Available quota: 50

Submitted bid: 55 and all same bid price at $10

Verdict: All not successful. 50 COE will be added into the next bidding exercise

 

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6 minutes ago, carlovexes said:

Hi guys. I have a question about COE. What happens if there are less bids than the available quota ? How is the price determined in such a case ? Does the COE price become the lowest bidded price or an average ?

 

Can someone please explain this to me with an example ? If less bids are received than the available quota.

The magical durian that everyone is waiting for... $2 COE 🤣

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Posted (edited)

Cat A demand seems strong in this round coe bidding. 3.45pm already at $30k? First time see motorcycle cat break egg so early?! 

Edited by 13177

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15 minutes ago, Neost said:

Let me attempt to explain

Available quota: 50

Submitted bid: 45 and the lowest bid among the 45 is $10. 

Verdict: All 45 bidders pays $10 for their COE

 

Available quota: 50

Submitted bid: 55 and all same bid price at $10

Verdict: All not successful. 50 COE will be added into the next bidding exercise

 

1st scenario is wrong leh. If only 45 bids out of 50 . Means COE will close at $1.

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Cat A and B bidding amount very close.

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Coe went up for Cat A?! :o

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