COE Bidding – 1st Round of January 2018

[Carbon82]

 Happy New Year

 

Finally managed to get the data and chart all sorted out, just in time to start this thread before bidding exercise commence tomorrow. Good luck to all vested. 

 

 

 

 

The details of the January 2018 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Tuesday, 2 January 2018, 12 noon

Tender closes: Thursday, 4 January 2018, 4.00 pm

Tender results: Thursday, 4 January 2018 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,359 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,693

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,374

Category D: Motorcycles => 525

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 249

Category E: Open Category => 518

[DACH]

Thanks Carbon.

 

Happy New Year. 

[Wildfaye29]

高高低低 高高低

[seanjin]

happy 2018!!!

[Friendstar]

Gst increase coming.

 

People should be rushing in soom

[Erictan111]

I guess cat A - up 1.5k plus

cat B - up 1k

Edited January 1, 2018 by Erictan111

[offo]

Cat A COE price at current 38k has reached multi-high year low and should atttract more bookings during past 2 weeks esp the mass market cars at mid 70-80k price range which is affordable with 70% financing. So cat A price should edge up slighlty by 1-2k.

Cat B COE price should drop by 1-2k as VES kicks in, which impact mostly Cat B cars (surcharge +10 to +20k). So dealers will be cautious in bidding.

[Sotong07]

我猜高！

 

[iphone8]

Should be low as potential buyers are waiting for motor show promotion.

[Pocy]

The 2018 COE $$$ start here!!

 

Happy 2018!! Wishing you a happy car owner too!!

[Victor68]

somehow loosing steam, hooe it drops and make everyone happy except those responsible for making sure it goes up. Have a great 2018.

[Spring]

My prediction is sideways ie premiums about the same cos there shld be some demand after the drop last round but some may still hold back for better promotions during upcoming Motor Show whilst others will want to let the new VES dust settle to understand which models to go for, my 2 cents.....

[Vinceng]

COE prices are guaranteed to head north for the next 3 months, till March –

 

1)      Backlog orders from last Dec 2^nd bid crash

2)      Motor Show coming up this month

3)      Traditional rush to register car before Chinese New Year

[Enye]

drop 10k lah....to compensate ves

 

 

[Ct3833]

Happy New Year

 

Finally managed to get the data and chart all sorted out, just in time to start this thread before bidding exercise commence tomorrow. Good luck to all vested.

 

 

 

 

The details of the January 2018 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Tuesday, 2 January 2018, 12 noon

Tender closes: Thursday, 4 January 2018, 4.00 pm

Tender results: Thursday, 4 January 2018 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,359 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,693

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,374

Category D: Motorcycles => 525

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 249

Category E: Open Category => 518

Happy New Year to Carbon and all. Thanks Carbon for starting yet again another new COE thread to keep the inserting discussion going.

[Pocy]

drop 10k lah....to compensate ves

 

[Matrix0405]

Should be low as potential buyers are waiting for motor show promotion.

 

 

Thanks Carbon for the effort and stats.

2016 was a fantastic year (for LTA), collected $2.3B  2017 dropped to $2.0B and this down trend likely to continue into 2018; as COE soften and 0% growth.

Next round drop because:

1. Buyers hold back for better deals during car show.

2. Buyers hold back due to confusion and big changes in car prices created by VES. Prius went up $30K and Elantra went up $10K.

3. Raining. 

[JQ01]

My guess:

Cat. A: $33K

Cat. B: $43K

 

Another $5k drop.