2016 Apr, 2nd COE Bidding Exercise

[yo2020]

 

 

great news b4 even the bidding starts!!!

 

[Pycool]

OMG, am I the 1st person who replied this hot thread?

With increased COE quota, but got car expo in end of Apr, also with the bulk order of taxi by SMRT, will cat A drop to below $40k in May?

[Kia7200]

Today ST got announced the increased of Coe quota

 

Recently the 3rounds of slight increase in Coe prices + the coming April car show

 

I'm dare to use my xXxX to bet this round 99.999% sure drop

Edited April 15, 2016 by Kia7200

[acetron]

Might not drop as there is still a big pend up demand based on the previous bidding results (about 1600 unsuccessful bidders). Any new orders taken these two weeks will be added into the system, which we might see about 4000 bidders for 2100 COE.

[F355]

Cat B up 21% . But more significantly , goods vehicle up 40% .    This will help soften the demand of Open Cat by Goods Vehicles  , making Open used for Cat A/B , hopefully lowering the price further .

[Justbear]

  On 4/15/2016 at 4:49 AM, Pycool said:

OMG, am I the 1st person who replied this hot thread?

With increased COE quota, but got car expo in end of Apr, also with the bulk order of taxi by SMRT, will cat A drop to below $40k in May?

Doesnt matter. Impt is this is the Official Thread.

[Forte3737]

2062 vs 2216 for CAT A not much. Only 154 more

  On 4/15/2016 at 4:39 AM, yo2020 said:

 

 

great news b4 even the bidding starts!!!

 

[Coltplussport]

Big sudden deregistration of vehicles on March 2016. What could cause this? Taxi fleet?

 

http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M05-Dereg_by_Quota.pdf

Edited April 15, 2016 by Coltplussport

[Coltplussport]

  On 4/15/2016 at 5:25 AM, Coltplussport said:

Big sudden deregistration of vehicles on March 2016. What could cause this? Taxi fleet?

 

http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M05-Dereg_by_Quota.pdf

 

 

if go by registration, Jan 2006 to March 2006 registered about the same number of cars, yet march 2016 deregistration is so so much higher than Jan 2016. 

 

http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/COE_Result_2005_2009.pdf

 

I am thinking maybe it is the taxi fleet registering on year 2008 March that cause this since taxi lifespan is only 8 years.

[Matrix0405]

Drop liao.

New quota announcement, fence sitters going to hold back their orders hoping for better price next bid. 

AD have dug deep last bid to rescuse the $38K buyer (Tohto & others). Backlog exhausted.

 

Cat A  $43K

Cat B  $44K

 

Insignificant increase in A but significant increase in B. Next Q, B is going to push A down, breaking support $45k,  to test $40K. Same for B and B is going to see the $38K again before the Q runs out.   

[richiemccaw]

I think COE wont drop further than S$40k than the forseeable 2-3 months.

[BenTong]

there was a fake one last round .

[Forte3737]

  On 4/15/2016 at 5:44 AM, richiemccaw said:

I think COE wont drop further than S$40k than the forseeable 2-3 months.

Hanging around 45k level. Fence sitters can continue sitting

[Silklee]

  On 4/15/2016 at 5:46 AM, BenTong said:

there was a fake one last round .

 

Do you mean that it was artificially too high?

[Yaloryalor]

  On 4/15/2016 at 4:39 AM, yo2020 said:

 

 

great news b4 even the bidding starts!!!

Good Yoyo! Start this thread early before someone hijack it. LOL 

[Philipkee]

  On 4/15/2016 at 5:49 AM, Yaloryalor said:

Good Yoyo! Start this thread early before someone hijack it. LOL

I started only when bidding started hor.

 

Anyway, my wish list. I hope coe will crash this year so that I can change my ride.

 

My prediction for this round?

 

Coe for cat a and b to be around 40k. Unlikely to go much lower than that as the taxis will take up a significant portion. I am sure there will be aggressive bidding for open cat for the upcoming car show.

Edited April 15, 2016 by Philipkee

[Yaloryalor]

  On 4/15/2016 at 5:59 AM, Philipkee said:

I started only when bidding started hor.

 

Anyway, my wish list. I hope coe will crash this year so that I can change my ride.

 

My prediction for this round?

 

Coe for cat a and b to be around 40k. Unlikely to go much lower than that as the taxis will take up a significant portion. I am sure there will be aggressive bidding for open cat for the upcoming car show.

 

Mai sensitive. I din even check who was the one started the previous thread. hahaha...

 

Those who haven buy hope coe to crash. Those who bought hope coe will be stable for the next few months. 有人欢喜，有人愁。

[Traderlee]

  On 4/15/2016 at 6:07 AM, Yaloryalor said:

Mai sensitive. I din even check who was the one started the previous thread. hahaha...

 

Those who haven buy hope coe to crash. Those who bought hope coe will be stable for the next few months. 有人欢喜，有人愁。

 

I think those who just bought should just dont care about it at least for a time being