COE Bidding – 1st & 2nd Round of July 2020

[Kangadrool]

7 hours ago, Philipkee said:

I am waiting for the $2 coe to get my honda city.

Nah...

Even then, it will be priced at price w/o COE + $20,000. No bluff you one.

[Vlsc]

Guys what are your prediction? Price range prediction? (over here able to do a poll whether majority predict go up or go down?) 😁

[Jtbc]

July quota.(Annex A)

https://www.lta.gov.sg/content/ltagov/en/newsroom/2020/june/news-releases/resumption-of-coe-bidding-exercises-from-6-july.html

Edited July 1, 2020 by Jtbc

[Yongwd]

Good luck everyone!

[RH1667]

22 hours ago, Philipkee said:

I am waiting for the $2 coe to get my honda city.

WoW !! You shifted goalpost from $10k to $2!!

Good luck 

[andrewyewkc]

22 hours ago, Philipkee said:

I am waiting for the $2 coe to get my honda city.

Everyone will bid $2, you better bid $3.

[Mustank]

Hehe

[Rtth84]

On 7/1/2020 at 12:12 AM, Carbon82 said:

 

Ehmm interesting that COE bidding exercise falls within election campaigning period... 

 

As usual, 2 useful links for our dear MCFers. 
Real Time COE Bidding Results
Check Your COE Bidding Status

Good Luck to all vested!

Past Bidding Results (2001 - 2018)

  Reveal hidden contents

Past Bidding Results (2019 - 2020)

Trend Chart (Apr 2018 - Mar 2020) *chart taken from www.sgcarmart.com

PQP (2010 - 2015)

  Reveal hidden contents

PQP (2016 - 2020)

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

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

The total quota available for this tender is T.B.C. for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => T.B.C.
Category B: Cars (above 1600cc or 97kW (130bhp)) => T.B.C.
Category 😄 Motorcycles => T.B.C.

TRANSFERABLE CATEGORIES:
Category 😧 Goods Vehicles and Buses => T.B.C.
Category E: Open Category => T.B.C.

@Carbon82 the July quota is out, when they announced the resumption of bidding

[Takahiro]

Hi all, 

my guess as below:

Cat A: $30K~32K

Cat B: $28K~30K

 

I scrap my car before CB, now car less and notice 2nd hand SUV market move up slightly since end june. So in dilemma should I move in for car in 2nd hand market or continue waiting. In mind either new or a 2-3 year old SUV. Any advise? Good luck to all, stay safe and bless you.

 Taka

[Samlimlp]

22 minutes ago, Takahiro said:

Hi all, 

my guess as below:

Cat A: $30K~32K

Cat B: $28K~30K

 

I scrap my car before CB, now car less and notice 2nd hand SUV market move up slightly since end june. So in dilemma should I move in for car in 2nd hand market or continue waiting. In mind either new or a 2-3 year old SUV. Any advise? Good luck to all, stay safe and bless you.

 Taka

The good news of a resale car is that it comes readily with the COE, so you dun have to wait....

Bad news is some of those 3 years old car price might not be too attractive as their COE at that point of time is high.....

[Wondertree]

1st bidding after CB plus erection in a couple of days, exciting siol

[Samlimlp]

38 minutes ago, Wondertree said:

1st bidding after CB plus erection in a couple of days, exciting siol

LOL....erection ? 🤪

[Old-driver]

1 hour ago, Wondertree said:

1st bidding after CB plus erection in a couple of days, exciting siol

you should add a `s' in front of exciting

[Volvobrick]

14 hours ago, Takahiro said:

Hi all, 

my guess as below:

Cat A: $30K~32K

Cat B: $28K~30K

 

I scrap my car before CB, now car less and notice 2nd hand SUV market move up slightly since end june. So in dilemma should I move in for car in 2nd hand market or continue waiting. In mind either new or a 2-3 year old SUV. Any advise? Good luck to all, stay safe and bless you.

 Taka

Wait a few more months - more will lose their jobs (eg SQ pilots and crew most likely) after the JSS is done for (no more reasons to fund it since erections over). Many will have to dispose of their cars to reduce expenses.

[Jamesc]

Please dont reality bite me.

I need my massage parlour job.

Need to put food on the table.

Edited July 3, 2020 by Jamesc

[Skyline6]

At this juncture, i see it as a test for singaporeans. Whether covid can change how our lifestyle and attitude of having/without car(s). And whether ppl have long or short vision on prices. 🤐

[Carbon82]

On 7/2/2020 at 12:45 AM, Jtbc said:

July quota.(Annex A)

https://www.lta.gov.sg/content/ltagov/en/newsroom/2020/june/news-releases/resumption-of-coe-bidding-exercises-from-6-july.html

 

On 7/2/2020 at 1:49 PM, Rtth84 said:

@Carbon82 the July quota is out, when they announced the resumption of bidding

Thanks for the link and info, but the figures provided were just estimated average instead of the actual figures. Here are the differences (although they are generally within <10 range for each category).

[Lufu]

My guess is more than 30K for Cat A.

At some point vehicle growth should go negative just like interest rate.