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COE Bidding – 2nd Round of January 2018


Carbon82
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The details of the January 2018 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 15 January 2018, 12 noon

Tender closes: Wednesday, 17 January 2018, 4.00 pm

Tender results: Wednesday, 17 January 2018 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,431 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,713

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,381

Category D: Motorcycles => 565

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 257

Category E: Open Category => 515

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IMO

As there is still some uncertainty over prices / VES, this is a good time to buy...

 

Something funny for a cold weekend :)

 

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CAT A: 2,400~2,500 bids. $41,000 ~ $43,000 (Should be around the same or up by 1k+ -> go north slightly due to motorshow)

CAT B: 1,700~1,900 bids. $43,000~45,000 (Should be around the same or down by 1k or 2k+ -> go south due to VES surcharge)

 

 

Overall I guess CAT B ~= CAT A in the next few bids/months.

Edited by Pohtk
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  On 1/15/2018 at 1:09 PM, Wt_know said:

with motorshow just over

this will be interesting ...

 

if COEs never go up, it will filter down quite fast for the remaining year  [laugh]

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