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COE Bidding – April 2021

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Hypersonic
1 hour ago, Jamesc said:

COE will go up a lot more soon.

Faster book your PI car with me now.

:D

Wow !! congratulation! business expand from selling used car to PI cars !! 

Can i sell you biscuit and coffee ? [laugh]

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3rd Gear
4 hours ago, Ho2786 said:

I salute you

best things in life have to wait long long

 

 

Because my pocket is not deep enough. I can't chong. Singapore up and down could be drastic. I have waited for 2 years. And it has paid off. 88K for a new Cerato. My friend 99K for a new Outlander.

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5th Gear

The real reason why COE and property prices went up in the midst of epidemic 🙂

$370 million in wage support wrongly paid out to companies; Government to recover monies

https://www.straitstimes.com/singapore/politics/370-million-in-wage-support-wrongly-paid-out-to-companies-government-to-recover

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Hypersonic (edited)

Coe go up??? Hurry up buy car!!!! 

34E213A7-242F-4B0C-8620-2101D6DD25E1.jpeg
 

 

 

 

no marnie ☹️

165C5B36-5FE3-4568-8EEE-A1FEE6111AFD.jpeg

Edited by Mustank
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6th Gear
13 hours ago, awhtc said:

The real reason why COE and property prices went up in the midst of epidemic 🙂

$370 million in wage support wrongly paid out to companies; Government to recover monies

https://www.straitstimes.com/singapore/politics/370-million-in-wage-support-wrongly-paid-out-to-companies-government-to-recover

Thats merely one YOG... whose counting 🤣🤣

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3rd Gear

@Ho2786 new S Class is coming. So, Cat B will go up.  Basically, Cat A buyers are more budget cautious.

Whatever go up, it will come down. I have waited 2 years. And  I bought my SX Cerato at 88K in 2018.

If you are budget tight, don't chong. Especially, Cat B.

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6th Gear
1 hour ago, Twich said:

@Ho2786 new S Class is coming. So, Cat B will go up.  Basically, Cat A buyers are more budget cautious.

Whatever go up, it will come down. I have waited 2 years. And  I bought my SX Cerato at 88K in 2018.

If you are budget tight, don't chong. Especially, Cat B.

The big question is, how many Cat B buyers are budget tight? Just look at the 10% increase in one bid. When Tesla comes later this year, we may see some movement there too.

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5th Gear

Most COE prices climb on expected quota cut

Both car premiums are at highest levels since 2017; commercial vehicle COE bucks trend

https://www.straitstimes.com/singapore/transport/most-coe-prices-climb-on-expected-quota-cut

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More interest in used cars showrooms | Video

11 Apr 2021 11:16PM

Used car dealers are seeing more interest from prospective buyers, with COE premiums now at their highest since late 2017. And those in the industry are expecting the premiums to climb even higher in the coming months. Neo Rong Wei with more.

https://www.channelnewsasia.com/news/singapore/more-interest-in-used-cars-showrooms-video-14602276

 

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Supersonic
5 hours ago, awhtc said:

More interest in used cars showrooms | Video

11 Apr 2021 11:16PM

Used car dealers are seeing more interest from prospective buyers, with COE premiums now at their highest since late 2017. And those in the industry are expecting the premiums to climb even higher in the coming months. Neo Rong Wei with more.

https://www.channelnewsasia.com/news/singapore/more-interest-in-used-cars-showrooms-video-14602276

 

The current COE still not consider high yet, it simply just go back to COE level in 2016.

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1 minute ago, 13177 said:

The current COE still not consider high yet, it simply just go back to COE level in 2016.

no la...2012.....$88k COE wohooooo bring it on baby

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Hypersonic

I very busy now.

:D

6 hours ago, awhtc said:

More interest in used cars showrooms | Video

11 Apr 2021 11:16PM

Used car dealers are seeing more interest from prospective buyers, with COE premiums now at their highest.

 

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Fewer COEs from May to July as quota is slashed again

SINGAPORE - The number of certificates of entitlement (COEs) available for car buyers and sellers will fall again in the next three months starting from May, with a 10.6 per cent drop from the current quota.

In its quarterly announcement on Thursday (April 15), the Land Transport Authority (LTA) said there will be an average of 3,792 car COEs per month for the period of May to July, down from 4,241 per month between February and this month.

This follows a 12.8 per cent fall from the previous quota period between November and January, when there were 4,865 car COEs per month.

https://www.straitstimes.com/singapore/fewer-coes-from-may-to-july-as-quota-is-slashed-again

 

Certificate of Entitlement Quota for May 2021 to July 2021

Cat A - Approx 829 COE per bidding

Cat B - Approx 809 COEs per bidding

Cat E - Approx 259 COEs per bidding

https://www.lta.gov.sg/content/dam/ltagov/news/press/2021/210415_Monthly_COEquota_May_to_Jul_21_AnnexA.pdf

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On 4/8/2021 at 9:24 AM, yishunite said:

Uh COE price already went up $10k in the past year... so... ur prediction already came true... or rather its not a prediction anymore 😛

COE quota is coming down and GDP is going up 😉

 

Economists raise 2021 GDP forecast on better-than-expected Q1 data

SINGAPORE'S economy could perform better than initially expected this year, now that it has made marginal gains and defied expectations of a contraction in the first quarter, said economists, some of whom are now revising their full-year growth forecast.

Gross domestic product (GDP) grew 0.2 per cent in Q1, reversing the 2.4 per cent contraction in Q4. The is the first expansion since the Covid-19 pandemic began, going by the advance estimates by the Ministry of Trade and Industry (MTI).

The good showing surprised private-sector economists, who had anticipated a 0.5 per cent contraction, according to a Bloomberg poll.

https://www.businesstimes.com.sg/government-economy/economists-raise-2021-gdp-forecast-on-better-than-expected-q1-data

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yeah 

7 minutes ago, awhtc said:

Fewer COEs from May to July as quota is slashed again

Yeah my used car prices will be going up again.

:D

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don't worry lah

coe will drop wan

wait long long sure drop wan

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