Game Over: LTA cuts vehicle growth rate to 0

[Dafansu]

waa bro, i really dont dare to say... actually i thought today's round of COE would be higher than previous round but i was proven wrong...

 

personally i still think COE will go up come 2018, once VES kicks in...

 

It will go down instead, as VES leads to higher car cost, and COE will go down to mitigate it. 

[flashbang]

Hmmmm...coe dropped significantly today leh....

Sometimes it's the calm before the storm. Past few months dealers say COE going up, so they increase price slowly. This round they kio cheap COE and earn until siao. Who knows what will happen next bidding?

[Lotr8445r]

Sometimes it's the calm before the storm. Past few months dealers say COE going up, so they increase price slowly. This round they kio cheap COE and earn until siao. Who knows what will happen next bidding?

I will view at the current unsucessful bid to make next forecast. Just look at the figure and compare with past history will tell u the likely result.

 

As i have been reiterating, based on history proven, coe is typically lowest in Dec and before CNY. Why need to made life difficult by keep guessing?

 

The greatest joker are those extremist that whenever there are sudden huge drop or rise in coe, they will come in to sing the song that it will continue repeat the same phase moving on. Aka the guy that predict coe will be 65k this round. This extremist will then disappear (hide under the table) when the result has proven they are wrong

Edited December 7, 2017 by Lotr8445r

[Jwee85]

Exactly. Capture car buyers' kiasuism to earn more profits!

 

Paying a higher car packages on the false 'COE is rising' scenario painted by dealers is silly for those whose car are not due or probably not likely to enter the market so early.

 

MOST Heart pain is those car buyers who actually believes and paid up the $2-$4k top-ups, and secured their COE yesterday!!

 

 

 

Sometimes it's the calm before the storm. Past few months dealers say COE going up, so they increase price slowly. This round they kio cheap COE and earn until siao. Who knows what will happen next bidding?

 

[inlinesix]

Exactly. Capture car buyers' kiasuism to earn more profits!

 

Paying a higher car packages on the false 'COE is rising' scenario painted by dealers is silly for those whose car are not due or probably not likely to enter the market so early.

 

MOST Heart pain is those car buyers who actually believes and paid up the $2-$4k top-ups, and secured their COE yesterday!!

 

Good what.

 

Let these ppl kenna creamed kao kao.

 

The rest of us will benefit from it.

[flashbang]

I will view at the current unsucessful bid to make next forecast. Just look at the figure and compare with past history will tell u the likely result.

 

As i have been reiterating, based on history proven, coe is typically lowest in Dec and before CNY. Why need to made life difficult by keep guessing?

 

The greatest joker are those extremist that whenever there are sudden huge drop or rise in coe, they will come in to sing the song that it will continue repeat the same phase moving on. Aka the guy that predict coe will be 65k this round. This extremist will then disappear (hide under the table) when the result has proven they are wrong

Ya, no cars on the road now due to holidays, how to bid COE? Buyers all overseas.

[Eyke]

Good what.

 

Let these ppl kenna creamed kao kao.

 

The rest of us will benefit from it.

the cream is being slurped up by dealers leh, how does the rest of us benefit?

[inlinesix]

the cream is being slurped up by dealers leh, how does the rest of us benefit?

 

Currently, not everyone is cleared about impact of 0 growth + VES.

 

Of course, buyer will kenna cream kao kao.

 

Once situation is cleared up, it will be difficult to cream us.

[Andyngps]

Sometimes it's the calm before the storm. Past few months dealers say COE going up, so they increase price slowly. This round they kio cheap COE and earn until siao. Who knows what will happen next bidding?

That is true. My agent still persuading me to sell my car and promised to hold my selling price despite coe drip. Said next year coe will dip even more. Dunno how true. Hmmm.

[Terrylmt]

http://www.mycarforum.com/blog/12/entry-5151-tens-of-thousands-will-have-to-give-up-car-as-zero-growth-policy-kicks-in/

 

Do you agree with Christopher Tan?

[DACH]

http://www.mycarforum.com/blog/12/entry-5151-tens-of-thousands-will-have-to-give-up-car-as-zero-growth-policy-kicks-in/

 

Do you agree with Christopher Tan?

Continue pissing the people off and gradually forcing to take more things away and taxing more from the people, it's a matter of time people will kick them out and they truly deserve it.

They are basically making things worse off, wider rich poor divide, more overpopulation, more taxes from a wider scope of the citizens, more brain drain.

[Andyngps]

Continue pissing the people off and gradually forcing to take more things away and taxing more from the people, it's a matter of time people will kick them out and they truly deserve it.

They are basically making things worse off, wider rich poor divide, more overpopulation, more taxes from a wider scope of the citizens, more brain drain.

Agreed on the wider divide

[Sdf4786k]

Agreed on the wider divide

more of the wider divide of those that own cars and those that dont.

 

[Voodooman]

http://www.mycarforum.com/blog/12/entry-5151-tens-of-thousands-will-have-to-give-up-car-as-zero-growth-policy-kicks-in/

 

Do you agree with Christopher Tan?

I don't understand the math, the 3 months lag takes out around 30-60k cars as it is peak supply now, how will it get worse with zero growth?

[Enye]

I don't understand the math, the 3 months lag takes out around 30-60k cars as it is peak supply now, how will it get worse with zero growth?

 

no maths involved....it's called gut feel based on observation

 

want maths need to page for limwsv

 

[No_worries]

more of the wider divide of those that own cars and those that dont.

 

Cars are one issue.

 

The other issue is housing. Homes within the city and city fringe will see higher demand as people from far flung places such as Yishun and Woodlands want to move closer to the city to save on private transport and to take advantage of the denser bus and rail network in these so called mature estates. Rich who own these mature estate condo and flats will see their property price rise or maintain while lesser well off ones in the cheaper far flung location will see depreciation especially the older flats in far flung location once they are 40 years old . Hdb flats more than 40 years old has cpf usage limitation.

 

https://www.channelnewsasia.com/news/singapore/commentary-vehicle-growth-rate-cut-may-lead-to-increase-in-9487462

Edited December 19, 2017 by No_worries

[Ahbengdriver]

Continue pissing the people off and gradually forcing to take more things away and taxing more from the people, it's a matter of time people will kick them out and they truly deserve it.

They are basically making things worse off, wider rich poor divide, more overpopulation, more taxes from a wider scope of the citizens, more brain drain.

30% agree with you but unfortunately 70% continue to be suckered.

[Sdf4786k]

http://www.mycarforum.com/blog/12/entry-5151-tens-of-thousands-will-have-to-give-up-car-as-zero-growth-policy-kicks-in/

 

Do you agree with Christopher Tan?

 

He wrote alot of things.

 

One thing he mention was the Singapore population increasing.

 

I had the impression we are starting to become extinct with the aging population eclipse by the growing new population.

 

So what population growth are we referring to?

 

If what he is predicting is a release of the capped on population growth back to 6.5M. Then there should be some shared data to showed when that would happened.