COE Bidding – 2nd Round of June 2016

[Carbon82]

Enhanced historical data attached for quick reference. Healthy discussion encouraged.   No flaming or name calling please.

 

 

 

 

The details of the June 2016 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 20 June 2016, 12 noon

Tender closes: Wednesday, 22 June 2016, 4.00 pm

Tender results: Wednesday, 22 June 2016 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,903 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 2,252

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,463

Category D: Motorcycles => 422

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 228

Category E: Open Category => 538

Edited June 17, 2016 by Carbon82

[Topupcash]

Cat A - 57k

 

Cat B - 59k

 

:we-all-gonna-die:

[bronzy]

Cat A - 56k

Cat B - 58k

[Pocy]

Tikam:

A) $56K

B) $60K

E) $60K

[Octopus]

My guess is slight drop, maybe.

 

Ref: https://sg.news.yahoo.com/car-buyers-hold-back-despite-relaxed-financing-074620840.html

[Audi2016]

With half of bidders from last round + small group of new bidders (heard from SEs have some drop in sales), both Cat A and B probably go up by $3K as I do not expect a large bump again.

[Pocy]

  On 6/17/2016 at 2:56 AM, Octopus said:

My guess is slight drop, maybe.

 

Ref: https://sg.news.yahoo.com/car-buyers-hold-back-despite-relaxed-financing-074620840.html

The news report appears bullish than bearish. The much higher volume of bids received last round shows more bookings after MAS eased loan. Whether the rising trend sustainable, the volume at showrooms over weekend will be a good clue.

[Topupcash]

  On 6/17/2016 at 2:56 AM, Octopus said:

My guess is slight drop, maybe.

 

Ref: https://sg.news.yahoo.com/car-buyers-hold-back-despite-relaxed-financing-074620840.html

 

pretty sure they are other kiasu ones taking this "final warning" to quickly buy their cars before prices shoots up even higher..

[Wyfitms]

  On 6/17/2016 at 2:56 AM, Octopus said:

My guess is slight drop, maybe.

 

Ref: https://sg.news.yahoo.com/car-buyers-hold-back-despite-relaxed-financing-074620840.html

 

simi is stem cell broker? Selling stem cells in the black market? Where can i apply to be one?

[Club21z]

Car price did not increase much after last bidding. So will be backlog plus small portion of new car buyers. I think will maintain.

Cat A : 53k

[Doppel]

Where is @yo2020? :(

[L23]

  On 6/17/2016 at 2:05 AM, Carbon82 said:

Enhanced historical data attached for quick reference. Healthy discussion encouraged.   No flaming or name calling please.

 

 

 

 

 

 

 

The details of the June 2016 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 20 June 2016, 12 noon

Tender closes: Wednesday, 22 June 2016, 4.00 pm

Tender results: Wednesday, 22 June 2016 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,903 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 2,252

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,463

Category D: Motorcycles => 422

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 228

Category E: Open Category => 538

 

 

Mr Lim passed you his PHD analysis knowledge huh?

So many tables..

I see until all the stars spinning   

[SUV-Lover]

Carbon82, thanks for the effort.

[Carbon82]

  On 6/17/2016 at 3:46 AM, L23 said:

Mr Lim passed you his PHD analysis knowledge huh?

So many tables..

I see until all the stars spinning   

 

No leh, from my own data base that I have maintained for a couple of years liao. I post these details because people asked for it. I actually prefer the previous version I used for June 1st bidding.

  On 6/17/2016 at 3:49 AM, SUV-Lover said:

Carbon82, thanks for the effort.

 

I part time only. If no time also cannot help.

[fxsg123]

Too much backlog,

Cat a 55k

Cat b 59k

 

I think the more it increase, the shorter the sustain period.

[garychua]

Kia forte price up by 8k on 13 June. 

I am sensing a 2k increase in the upcoming COE bidding for Cat A - i.e. 55k 

[gnail]

My PI told me that they are clearing those firm order of Mar/Apr or Apr booking, the slight drop of sale of last week (11 & 12 June)  will not have much effect on the coming COE bidding, it will only effect two or three months down the road, but if the sale pick up again, then the COE will hardly drop, imagine there are about 180 plus PI in Singapore (figures obtained from sgcarmart.com), if each PI has 10-20 order per two weeks (COE biding period), it worked out easily 1800-3600 per COE biding, this amount is not yet include those order from AD.

 

By the way, any one know the total no of AD in Singapore?

 

[Mustank]

up for bro Carbon82