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COE Bidding – 2nd Round of October 2018


Philipkee
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Since our resident coe guru is not around, let me start a thread.

 

So where do you think coe will be headed this round? Up or down?

 

Let's discuss :D

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Since our resident coe guru is not around, let me start a thread.

 

So where do you think coe will be headed this round? Up or down?

 

Let's discuss :D

 

Can't really say i know for sure, but I hope it will go up, ha ha...

 

What I am quite sure is next round should go up.

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Sorry ladies and gentlement, I am late this round, as very busy lately. Thanks @philipkee for starting the thread. I shall followup with the data for readers reference.

 

As usual, here are 2 useful links for our dear MCFers, who are following the bidding exercise:

Real Time COE Bidding Results

Check Your COE Bidding Status

[sunny] [sunny] Good Luck to all vested! [sunny] [sunny]

Past Bidding Results (2001 - 2012)


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Past Bidding Results (2013 - 2018)
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Trend Chart (Oct 2016 - Sep 2018) *chart taken from www.sgcarmart.com
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PQP (2013 - 2018)
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The details of the October 2018 2nd open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Monday, 15 October 2018, 12 noon
Tender closes: Wednesday, 17 October 2018, 4.00 pm
Tender results: Wednesday, 17 October 2018 (Available on the www.onemotoring.com.sg website)

The total quota available for this tender is 4,655 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,674
Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,273
Category D: Motorcycles => 819

TRANSFERABLE CATEGORIES:
Category C: Goods Vehicles and Buses => 350
Category E: Open Category => 539

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Think this round going up, both Toyota and Honda raise prices by 1k after the last round.

They increased because the last round increase ~$500 as compared to previous round for cat a.

 

I dont think the ad will decrease price after seeing the coe increases?

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Cat A is still showing downward trend from the chart.  Cat A might decline slightly this round (between $25k and $28k).  Others could be stabilising.

 

 

The trade tension and slower property sector will make many buyers more cautious, especially with the threat of retrenchment after the end of the year.

 

Will the services sector buoy Singapore's GDP amidst manufacturing's slumping growth?

 

https://sbr.com.sg/economy/news/will-services-sector-buoy-singapores-gdp-amidst-manufacturings-slumping-growth

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They increased because the last round increase ~$500 as compared to previous round for cat a.

 

I dont think the ad will decrease price after seeing the coe increases?

Cat B as well.
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They increased because the last round increase ~$500 as compared to previous round for cat a.

 

I dont think the ad will decrease price after seeing the coe increases?

When COE price increase by $1,000, they will raise price by $2,000, when COE drops by $2,000, they drop price by $1,000. This is all I could predict. Edited by Ct3833
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I want to believe this round the COE will crash.

But the invisible hand will 一指顶江山to support it at the very last 10minutes.

 

Cat.A = $25,000

Cat.B = $26,000

Cat.C = $26,000

Cat.D = $2,888

Cat.E = $ 28,888

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