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November 2011 Second Open Bidding Exercise for Certificates


Cat
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November 2011 Second Open Bidding Exercise for Certificates of Entitlement

 

The details of the November 2011 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 21 November 2011, 12 noon

 

Tender closes: Wednesday, 23 November 2011, 4.00 pm

 

Tender results: Wednesday, 23 November 2011

(Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 1,917 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

 

Category A : Cars (1,600cc and below) & taxis 559

 

Category B : Cars (1,601cc and above) 353

 

Category D : Motorcycles 394

 

TRANSFERABLE CATEGORIES:

 

Category C : Goods Vehicles and Buses 256

 

Category E : Open Category 355

 

Bros, Happy bidding [laugh]

Edited by Cat
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Hi, Not true this time, as the bad news coming from NTUC chairman LSS, as already have employers changes working day to 3-4 work week liao, so the coe will somehow cool down abit, as much as 30k for Cat A and 40K for Cat B i think.

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30K for cat A? Very difficult. Even NTUC chairman announced recession coming, but dont think people can still feel and see the effect of the recession. So i guess people now still continue to enjoy to spend like nobody business!

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One must understand that though the everyday citizen has less power to purchase vehicles, there is still too much demand by people with deep pockets and taxi companies!

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Agreed Totally, as share market drop today, the 5 PIIG begging for Money from IMF in Euro, and the recession, retrenchment is on the way, (not far away) I dont think, the buying desire is still maintain, may be selling desire is incresing. [laugh]

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  On 11/23/2011 at 5:40 AM, Cat said:

Agreed Totally, as share market drop today, the 5 PIIG begging for Money from IMF in Euro, and the recession, retrenchment is on the way, (not far away) I dont think, the buying desire is still maintain, may be selling desire is incresing. [laugh]

Lets see whether the coming recession has any effect or not?! [rolleyes]

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CAR (1600CC & BELOW) & TAXI 1 559 - 239

B CAR (ABOVE 1600CC) 1 353 - 197

C GOODS VEHICLE & BUS 1 256 - 116

D MOTORCYCLE 1 394 - 154

E OPEN 1 355 - 74

 

very slow moving now!!

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COE Open Bidding

Bidding will end on 23/11/2011 16:00 hrs

 

Bidding status as at 23/11/2011 15:31:46.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 559 539

B CAR (ABOVE 1600CC) 70,010 353 418

C GOODS VEHICLE & BUS 1 256 153

D MOTORCYCLE 1 394 195

E OPEN 1 355 276

Cat B is recession proof, hit 70k Wow.

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COE Open Bidding

Bidding will end on 23/11/2011 16:00 hrs

 

Bidding status as at 23/11/2011 15:47:21.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 51,400 559 653

B CAR (ABOVE 1600CC) 76,009 353 507

C GOODS VEHICLE & BUS 37,778 256 301

D MOTORCYCLE 1 394 250

E OPEN 1 355 341

so, the

Cat A also recession proof, Wow

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