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COE Bidding – 2nd Round of February 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 - 2020)

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Trend Chart (Mar 2018 - Feb 2020) *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 February 2020 2nd open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Monday, 17 February 2020, 12 noon
Tender closes: Wednesday, 19 February 2020, 4.00 pm

Tender results: Wednesday, 19 February 2020 (Available on the www.onemotoring.com.sg website)

The total quota available for this tender is 3,226 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 982
Category B: Cars (above 1600cc or 97kW (130bhp)) => 987
Category D: Motorcycles => 577

TRANSFERABLE CATEGORIES:
Category C: Goods Vehicles and Buses => 352
Category E: Open Category => 328

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thread officially started, nice

getting excited for this coming round, hope it drops ... hee

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My guess: Cat A and B down by about $1-2k. There could be people switching over to personal cars rather than PHV and bus/MRT to support the COE.

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Cat A & B at $1 on 19 Feb 15:50 hrs 🤣

Edited by Jp66
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If coe got affected by the COVID-19, by right should drop, but by left hard to say. 😂

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Usually after major drop (ie last round) it should rebound abit... theres quite aggressive sales this weekend so im thinking quota tgts not met yet... will be very interesting to see if can sustain... i think will up but very slight only.

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17 minutes ago, yishunite said:

Usually after major drop (ie last round) it should rebound abit... theres quite aggressive sales this weekend so im thinking quota tgts not met yet... will be very interesting to see if can sustain... i think will up but very slight only.

So this weekend the car showroom is crowded?

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1 minute ago, 13177 said:

So this weekend the car showroom is crowded?

Idk i dun go... but what promos i have seen is aggressive lol

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24 minutes ago, yishunite said:

Idk i dun go... but what promos i have seen is aggressive lol

aggressive does not translate to sales.. 

Agreed that whenever a dip there be rebound.. very much like stock mkt..

However this round be interesting due to the uncertainty of economy and the prolong impact the virus may bring.. pay raise and job security i believe is the talk of the town now instead of buying cars.

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2 minutes ago, Ody_2004 said:

aggressive does not translate to sales.. 

 

Correct thats why i originally said i suspect sales tgts not met yet

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35 minutes ago, yishunite said:

Idk i dun go... but what promos i have seen is aggressive lol

Since last round coe dropped around $5k, promos sure aggressive. But whether got many people buy or not then we shall see next round coe result. Lol.

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1 hour ago, Jp66 said:

Cat A & B at $1 on 19 Feb 15:50 hrs 🤣

Possible, Anything can happen

However in the backdrop, Dow Jones sky high

STI index high, Property Index very high

As a guide

During the SARS outbreak early 2003

COE cat A & B prices  ranged from 26k-32K (Jan to June 2003)

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17 minutes ago, Newbie26 said:

Possible, Anything can happen

However in the backdrop, Dow Jones sky high

STI index high, Property Index very high

 

STI most know is.....

The only index I see locally is Capland.. whenever cross or near $4 sure come down! whahahahaha..

DOW high as tonnes of money are printed nightly to support the market.. the rich got SUPER Rich.. here i dunno MAS got print money boh.. 

With this COVID 19.. HDL boss may get knock off the top..

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Aggressive discounts meaning bigger drop in price than the coe drop?

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Many cat. B car price drop by $6k after last COE and with lowest cat B COE for last 10 years. Many order came in, expect fluctuation around up or down $3k.

Edited by kelvinlbl

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Less than 10k I buy Honda city.  More than 10k I think some more :D

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