COE Bidding – 1st Round of September 2017

[Carbon82]

Almost couldn't start this thread as some of the data was corrupted / lost. Managed to reconstruct the recovered file just minutes ago... 

 

 

 

 

The details of the September 2017 first open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 4 September 2017, 12 noon

Tender closes: Wednesday, 6 September 2017, 4.00 pm

Tender results: Wednesday, 6 September 2017 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,649 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,820

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,290

Category D: Motorcycles => 543

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 453

Category E: Open Category => 543

[Pocy]

Good luck everyone! Cheers!!

[Ahyoo2002]

Good luck all, COE down down down!!!

[Ben5266]

tolong tolong.... Cat A below $40k.

[Kurty]

tolong tolong.... Cat A below $40k.

 

Cat A below $30K

[Terry_1976]

With the slow down expansion of Uber and Grab, the demand might not enough to push the price up. Estimate around $41K for CAT A.

[L23]

Ah Kim is targeting our COE. So all cats go down!

[Khng8]

First time predicting.

Cat A down $2k

Cat B down $3k.

[Agalvilaku]

CAT A will go down. My assumption based on the following news and visit to the showrooms.

1. Uber off loading its fleet and thus no demand from them to push the COE higher.

2. Comfort is in talks with Uber, if that succeeds, which means that in long run, Uber may never need any more fleets.

3. Smaller cc cars are not flying off the shelf. Visited Kia and City, the sales person always shows the same number of stocks available except Hyundai, able to close few.

4. If govt does not fiddle with the rule again, COE will gradually stroll down to 35K range.

5. This time, expecting COE to be 40 to 41k range.

 

CAT B no idea

[jach66]

Cat A 30k

Cat B 40k

I bid if < 28k

[Mockngbrd]

Cat $50?

[Tanhangkiang]

Cat $50?

Don't think so, because thus far none of the car company has acted In reaction of the said poor demand for coe.

[guoxiong]

I think will go slightly abit up for cat a & b

[Akula]

 

I guess it will trend down by $2-$3Ks.

Edited September 5, 2017 by Akula

[Takahiro]

When was the last time Cat A goes below $42K, (2011) it is a long way. Cat A tested $42K resistance 3 times this year and goes back up. hopefully lunar 7th month will provide the much need push. I do hope it does goes down as my fit COE finish coming april. But by statistic I think it up be Cat A $44K. let hope the lack of choices and innovative motivation plus ghost month push it below $40K. Pray ! 

 

Cat B my guess will be $48K~$50K. This cat have many business man and auntie. So let see if they will hold it and let the price dip abit during the 7th month (lunar, ghost month for Chinese)

 

Let all put our faith together and pray Cat A can reach $38K this year and Cat B can reach $42K this year. So near yet so far.

 

 

Best Wishes

Takahiro :)

[Victor68]

For a long time COE is not so hot liao. I think this round all will fall. All the best to those bidding.

[Dafansu]

it will keep going down at least till year end.

[Spycraft]

Predicting a drop across the board, considering lunar 7th mth and recent News on Uber letting go their car fleet progressively.

Edited September 6, 2017 by Spycraft