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COE quota for next 6 months


Ixus75
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A very slight increase in the quota for Cat A, B and E per bidding exercise.

I don't think this will have much impact in bringing down the resultant COE prices.

 

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(edited)

Increase in quota also mean more people will want to buy car so still the same.

 

I think the increase in quota is offset by the number of vehicles scraped, not increase in vehicles populations... -_-

Edited by Picnic06
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(edited)

increase to 700+ like not a bit leh...think COE will drop

 

I had the same misunderstanding as you, at first i thought increase from 300+ to 700+ is quite a big jump

 

but the 300+ is actually per bidding cycle. so current monthly COE is actually 600+

 

so increase is actually probably 50++ a month

Edited by Aventador
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Hypersonic

increase to 700+ like not a bit leh...think COE will drop

 

 

I don't think there is alot. Cat only increase by around 50. Below infor taken from CNA.

 

For small cars, 728 COEs will be made available every month, up from 667 in the previous six-month period.

 

For big cars, the quota is 746 per month, up from 605.

 

 

http://www.channelnewsasia.com/news/singap...ade/742170.html

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Turbocharged

"A total of 3,471 COEs will be available between August and next January, up from 3,211 for the six-month period before that."

 

An increase of only 260 monthly, impact will be small, perhaps put a damper on the recent price increases, dun think will pull down significantly.

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I think the increase in quota is offset by the number of vehicles scraped, not increase in vehicles populations... -_-

yes, u are right.. almost 1000 unit of car scrapped since Jan 2013..

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