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COE Bidding – 1st Round of September 2018


Carbon82
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I think there will be over supply coming from PHVs. Guessing this would have a downward pressure on COE price.

 

This has happened months ago, it is why the coe has gone down to current level. But it is not because the over suppy from grab but it is more because without the aggressive bidding from PHV like before that the COE has come down progressively over time.
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gotten my COE last round, still stick to my prediction, COE will be lowest next year. 

 

 

Prevailing Quota Premium (3 months average)

Cat A
Jan 2014: 76109
Jun 2014: 71672
Jan 2015: 65607
Jun 2015: 66107
Jan 2016: 56633
Jun 2016: 46454
Jan 2017: 50645
Jun 2017: 50625
Jan 2018: 42970
Feb 2018: 42122
Mar 2018: 39274
Apr 2018: 38655
May 2018: 38192
Jun 2018: 38214
Jul 2018: 37165
Aug 2018: 34169
Sep 2018: 32339

Cat B
Jan 2014: 82333
Jun 2014: 76872
Jan 2015: 72726
Jun 2015: 74629
Jan 2016: 58615
Jun 2016: 48479
Jan 2017: 52660
Jun 2017: 54088
Jan 2018: 52271
Feb 2018: 50578
Mar 2018: 44998
Apr 2018: 40881
May 2018: 38712
Jun 2018: 37906
Jul 2018: 36888
Aug 2018: 34900
Sep 2018: 33377

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The only issue I feel about the COE trend is that the recent figures does not take into the additional VES surcharge which effectively is a fixed base to be added on top of today's COE prices. Hence, the down trend while true is not so down actually.

Only the PQP is real.

 

Yes but now ADs trying to modify specs and tuning engine to come under Neutral Band VES. Toyota already made changes and now their BnB cars are under Neutral Band. 

 

Low COE is in favor of most of BnB cars which fulfill Neutral Band criteria. So overall this is good for budget conscious people, and maybe good for the environment too as per LTA scholars :p

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gotten my COE last round, still stick to my prediction, COE will be lowest next year. 

 

 

Prevailing Quota Premium (3 months average)

 

Cat A

Jan 2014: 76109

Jun 2014: 71672

Jan 2015: 65607

Jun 2015: 66107

Jan 2016: 56633

Jun 2016: 46454

Jan 2017: 50645

Jun 2017: 50625

Jan 2018: 42970

Feb 2018: 42122

Mar 2018: 39274

Apr 2018: 38655

May 2018: 38192

Jun 2018: 38214

Jul 2018: 37165

Aug 2018: 34169

Sep 2018: 32339

 

Cat B

Jan 2014: 82333

Jun 2014: 76872

Jan 2015: 72726

Jun 2015: 74629

Jan 2016: 58615

Jun 2016: 48479

Jan 2017: 52660

Jun 2017: 54088

Jan 2018: 52271

Feb 2018: 50578

Mar 2018: 44998

Apr 2018: 40881

May 2018: 38712

Jun 2018: 37906

Jul 2018: 36888

Aug 2018: 34900

Sep 2018: 33377

haha you are damn good!!  I will laugh every time you chut this chart. Better chut more before the trend reverse ....sooner or later.

 

By the way , here is the rental car population over the last few years, i associate majority of these to PHV vehicles. the drastic increasing trend has come to a complete halt this year after Uber announcing their exit from SGP market.  Will COE  go back to  $50k $60k like before should be  a easy guess, as long as the quota allocation stays decent. 

post-84721-0-38829000-1535953672_thumb.png

Edited by Ct3833
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I just got my coe last week in end Aug bidding. Collecting my car next Monday! Can’t wait.

 

Good luck to those bidding this coming round.

Congrats.

What car you got?

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Hantu Festival leh, for the last 2 years, up lor.  Maybe Hantu also buying lor ..... heeee

 

Last year Oct dip and zoom zoom bcos of VES.  

 

 

 

There are no push factors for Cat A to go up this year. Trade tensions have worsen, so it might trigger a slight fall.

 

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