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COE Bidding – 1st Round of June 2017


Carbon82
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(edited)

29xwt1t.png

 

snc7dz.png

 

2hxm1hz.png

 

The details of the June 2017 first open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 5 June 2017, 12 noon

Tender closes: Wednesday, 7 June 2017, 4.00 pm

Tender results: Wednesday, 7 June 2017 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 5,322* for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,905*

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,320*

Category D: Motorcycles => 459*

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 1,085*

Category E: Open Category => 553*

 

* Estimated Figures, as LTA have not announced the actual no. of COEs available for this bidding exrecise, at time of my posting.

 

 

The top 20 highest revenue generated bidding exercise

 

#1 $248,397,429 in Jun 2016 2nd bidding exercise

#2 $245,820,002 in Jul 2016 2nd bidding exercise

#3 $242,779,458 in Jun 2016 1st bidding exercise

#4 $240,485,882 in Jul 2016 1st bidding exercise

#5 $230,109,349 in May 2017 1st bidding exercise

#6 $228,275,995 in May 2016 1st bidding exercise

#7 $221,509,652 in May 2017 2nd bidding exercise

#8 $220,065,726 in Aug 2016 2nd bidding exercise

#9 $218,852,981 in Mar 2017 2nd bidding exercise

#10 $217,745,738 in Apr 2017 1st bidding exercise

 

#11 $217,457,475 in Sep 2016 1st bidding exercise

#12 $215,747,581 in May 2016 2nd bidding exercise

#13 $214,357,154 in May 2015 1st bidding exercise

#14 $213,129,120 in Mar 2017 1st bidding exercise

#15 $212,922,388 in Oct 2016 2nd bidding exercise

#16 $212,439,531 in Aug 2016 1st bidding exercise

#17 $211,538,584 in Apr 2017 2nd bidding exercise

#18 $210,108,979 in Nov 2016 1st bidding exercise

#19 $209,228,130 in May 2015 2nd bidding exercise

#20 $208,726,481 in Feb 2017 2nd bidding exercise

 

Looking at the above trend and statistics, I can safely assumed that the revenue to be collected in this coming round shall continue to remain above $200 mil ... ... [:|]

Edited by Carbon82
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(edited)

my prediction :

 

CAT A $48k (up 2k)

CAT B $51k  (down 2k)

 

 

Edited by Senny
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Cat A : +$500

 

Cat B : +/- $100

 

Reason : School holiday factor.

 

I say already, Straits Times dun need to interview the assperts post-bidding. 

 

:XD:

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Cat A: -1500, due to PH start to display decal from 1July onward. Some of the existing PH drivers will give up to drive PH car. PH demand will slow down definitely.

 

 

Cat B: +-500

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newspaper already mentioned the Pte hirer is cutting down their new car quota

 

 

and the root cause of this high coe is due to them, thus I say all down by 2k

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Hypersonic

29xwt1t.png

 

snc7dz.png

 

2hxm1hz.png

 

The details of the June 2017 first open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 5 June 2017, 12 noon

Tender closes: Wednesday, 7 June 2017, 4.00 pm

Tender results: Wednesday, 7 June 2017 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 5,322* for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,905*

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,320*

Category D: Motorcycles => 459*

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 1,085*

Category E: Open Category => 553*

 

* Estimated Figures, as LTA have not announced the actual no. of COEs available for this bidding exrecise, at time of my posting.

 

 

The top 20 highest revenue generated bidding exercise

 

#1 $248,397,429 in Jun 2016 2nd bidding exercise

#2 $245,820,002 in Jul 2016 2nd bidding exercise

#3 $242,779,458 in Jun 2016 1st bidding exercise

#4 $240,485,882 in Jul 2016 1st bidding exercise

#5 $230,109,349 in May 2017 1st bidding exercise

#6 $228,275,995 in May 2016 1st bidding exercise

#7 $221,509,652 in May 2017 2nd bidding exercise

#8 $220,065,726 in Aug 2016 2nd bidding exercise

#9 $218,852,981 in Mar 2017 2nd bidding exercise

#10 $217,745,738 in Apr 2017 1st bidding exercise

 

#11 $217,457,475 in Sep 2016 1st bidding exercise

#12 $215,747,581 in May 2016 2nd bidding exercise

#13 $214,357,154 in May 2015 1st bidding exercise

#14 $213,129,120 in Mar 2017 1st bidding exercise

#15 $212,922,388 in Oct 2016 2nd bidding exercise

#16 $212,439,531 in Aug 2016 1st bidding exercise

#17 $211,538,584 in Apr 2017 2nd bidding exercise

#18 $210,108,979 in Nov 2016 1st bidding exercise

#19 $209,228,130 in May 2015 2nd bidding exercise

#20 $208,726,481 in Feb 2017 2nd bidding exercise

 

Looking at the above trend and statistics, I can safely assumed that the revenue to be collected in this coming round shall continue to remain above $200 mil ... ... [:|]

Bro, very detailed and informative
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Turbocharged

Oh dear, getting interesting for those waiting at the sideline :a-no: While I hope it continue to slide down, I also hope economy quickly picks up. I predict changes will be small before the more realistic effect comes.

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I think Down!

 

CAT A $44k 

CAT B $52k

 

 

This round is to see if we can crack $45K, to a new low since the begin of tsunami.

Since the previous low a year ago, LTA has turbo COE with cheaper financing scheme, PH scheme and VES boogeyman. If coming wed cracks $45K, LTA scholars emergency meeting wed night to crack their heads for new schemes.

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Turbocharged

This round is to see if we can crack $45K, to a new low since the begin of tsunami.

Since the previous low a year ago, LTA has turbo COE with cheaper financing scheme, PH scheme and VES boogeyman. If coming wed cracks $45K, LTA scholars emergency meeting wed night to crack their heads for new schemes.

 

Cracking soon, Private Hired sector I believe more or less saturated. 

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COE will never going to be cheap .... since CAT A drop under $50,000 sure got many people jump in at this level ... Wed went to Mazda show room 11am got 3 tables signing ....

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(edited)

This round is to see if we can crack $45K, to a new low since the begin of tsunami.

Since the previous low a year ago, LTA has turbo COE with cheaper financing scheme, PH scheme and VES boogeyman. If coming wed cracks $45K, LTA scholars emergency meeting wed night to crack their heads for new schemes.

My reason very simple... some Cat A owners jump ship to Cat C, can see from the previous bidding.

 

Therefore my guess is Cat A quota should increase slightly for next quarter. Unless govt chu pattern again.

Edited by Titanium
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