COE Bidding – 2nd Round of March 2018

[Kspecific]

Hi Bro Carbon82, thank you very much for your super duper effort, great job and informative.

All the best to those who are bidding this round.

[Char]

Should be up ... reason LDA new pattern ... lesser demand for e-scooter , the potential buyer might go for motorbike or car .

[Friendstar]

Bonus month...

[Yongwd]

Community Service Time

 

I really show hand liao, with a total of 18 years of data (I just found an old file of mine - when I started tracking COE price movement in preparation to get a new ride back in 2001, how time flies...). That is all I have, and hopefully reader of this thread will find it useful in some way.

 

Once again, Best of Luck to those vested.  Have a great weekend too.

 

 

 

The details of the March 2018 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 19 March 2018, 12 noon

Tender closes: Wednesday, 21 March 2018, 4.00 pm

Tender results: Wednesday, 21 March 2018 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,301 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,559

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,402

Category D: Motorcycles => 522

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 247

Category E: Open Category => 571

 

During the bidding exercise, bidders can check on the status of their bids and revise their reserve price using these banks’ services or the LTA Open Bidding website (https://ocoe.lta.gov.sg).

 

Keep it up!! 

[Linusss]

From my detailed analysis of the charts.

From Dec 2017 till March 2018.

The trend is really Up-Down-Up-Down...

First bid of the months are all UP.

Second bid of the months are all DOWN.

 

So this is second round of March, it will be DOWN.

 

I sense the demand is weak for cars. But demand for motorcycle COE will be strong because the replacement formular used for motorcycle is unfair, because the replacement quota for motorcycle is on Negative rate.

 

Cat.A = $29,889.

Cat.B = $31,889.

Cat.D = $9,089.

 

I agree that this month will probably go down, especially for CAT A, based on the trend. However, I will be very surprised if it drops that much!! More likely around the 36K level as I think there is still quite strong demand.

 

[PaulMeng]

CAT A 30k

CAT B 33k

 

Dealers and government Huat ah!! Consumer get their COE without rebate!

[SGCMHello]

COE trending down...... empty taxis is causing taxi companies to bleed, they’ve stopped purchasing new cabs. Wait till they get rid of the excess cabs.....by the hundreds and thousands, that is your window to change cars; buy cars.

 

Just be patient, COE will go lower, demand very soft.

[DACH]

COE trending down...... empty taxis is causing taxi companies to bleed, they’ve stopped purchasing new cabs. Wait till they get rid of the excess cabs.....by the hundreds and thousands, that is your window to change cars; buy cars.

 

Just be patient, COE will go lower, demand very soft.

On the contrary, taxi business may go up due to tightening of rules of PHVs. 

There is a reason why they allow Grab and Uber to be bought by taxi companies. 

[SwirL]

It's today!

[Kurty]

Bonus month...

 

bonus also lesser than before..

 

business very quiet.. no new jobs..

[Sdf4786k]

bonus also lesser than before..

 

business very quiet.. no new jobs..

depends.

 

Banks paid quite substantial bonus from 3 to 9 months depending on job grade.

[Spring]

My take is Cat A down 1-2k, Cat B n the rest shld be side ways ie stable.

Anyway, good luck to all who are bidding!☘️☘️☘️

[DACH]

Good luck to those bidding this round.

[Kurty]

let me try:

 

Cat A: 32K

[JQ01]

Cat. A: 33K

Cat. B: 35K

 

Just guessing again, time for another low to spike demand!

[Dragos]

Cat A $39k

Cat B $37k

[Sotong07]

Parking here with pop corns.

All the best to all securing their COE this round.

[wjong]

Cat A $40k

Cat B $39k