COE Bidding – 1st Round of June 2019

[Carbon82]

 Community Service Time 

2 useful links for our dear MCFers, who are following the bidding exercise:

Real Time COE Bidding Results

Check Your COE Bidding Status

[sunny] Good Luck to all vested!  [sunny]

Past Bidding Results (2001 - 2015)

Past Bidding Results (2016 - 2019)



Trend Chart (Jun 2017 - May 2019) *chart taken from www.sgcarmart.com


PQP (2010 - 2015)

 

 

 

PQP (2016 - 2019)

The details of the June 2019 1st open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Monday, 3 June 2019, 12 noon
Tender closes: Thursday, 6 June 2019, 4.00 pm
Tender results: Thursday, 6 June 2019 (Available on the www.onemotoring.com.sg website)

The total quota available for this tender is 4,257 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,424
Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,139
Category D: Motorcycles => 925

TRANSFERABLE CATEGORIES:
Category C: Goods Vehicles and Buses => 389
Category E: Open Category => 380

[Lotr]

Trends looking good, hope it last  

[Wildfaye29]

Up up down down up up down

[Daniu82]

Hope Cat B keep dropping so I can get a bigger car for my family use.

[WoRmHao]

Sure will up this round. The question is by how much.

[Harthen]

Yeah. I think it will go up slightly and perhaps next bidding mellow down abit. Doesnt seems the trend is stabilised yet.

[SfanCO]

up up and away !

[Iiiusion]

Anyone got the full report?

 

Sharp increase in people keeping their cars beyond 10 years

 

https://www.straitstimes.com/singapore/transport/sharp-increase-in-people-keeping-their-cars-beyond-10-years?

Edited June 3, 2019 by Iiiusion

[13177]

Hope Cat B keep dropping so I can get a bigger car for my family use.

What Cat B car you are targeting le?

[Mann123]

Anyone got the full report?

 

Sharp increase in people keeping their cars beyond 10 years

 

https://www.straitstimes.com/singapore/transport/sharp-increase-in-people-keeping-their-cars-beyond-10-years?

 

 

If COE renewal trend will continue to rise, LTA will come out with new VES scheme on COE cars on the name of environment protection ;)

[Daniu82]

What Cat B car you are targeting le?

Either Skoda Octavia or Karoq

[MrKodo]

Cat A: 30k

Cat B: 40k

[Khng8]

A car owner who revalidate his COE takes one COE from supply but also remove demand for one. I am assuming they are not buying a 2nd car.

So is there more demand for new cars pulling up COE prices or less COE supply pushing COE prices higher?

[explorerX]

Quite a number are dealers renewing coe for phv rental.

[alex976]

If COE renewal trend will continue to rise, LTA will come out with new VES scheme on COE cars on the name of environment protection ;)

 

Last time govt intro ETS to psycho biz owners to change their diesel powered vehicles.

 

Sadly no ETS for private car owner (wait long long also wont have)

 

I predict COE will hover around current price cos mkt too weak le. Showroom no people but there are alot of people renewing COE. renew which category? 5 or 10 years? that the qtn. renew COE affect the next tranche of COE not the current tranche

 

CAT A (27000-30000)

CAT B (37000-40000)

[Vinceng]

Cat A will rebound to $30k but will drop back to $27K or less at the June 2nd bidding.

 

This is provided the private hire firms don't enter the scene.

Edited June 4, 2019 by Vinceng

[Mkl22]

I think cat A will hover around 30-32k for the rest of the year and CatB 42-45k.

[blmg]

 

For the 1st 3 months of the year, Cat A (5 year renewal plus 10 year renewal) is 9,929, which is higher than a typical 3-month Cat A quota of around 9,000.  The respective figures for Cat B is 7,499 and 7,000.  It means that the COE quota for Cat A and Cat B in the next few quarters will plunge sharply.

 

• COE revalidation data: https://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/Monthly_COE_Revalidation.pdf

 

• May-Jul 2019 quota: https://www.lta.gov.sg/data/apps/news/press/2019/20190418_COEQuotaMay-Jul.pdf

 

• Feb-Apr 2019 quota: https://www.lta.gov.sg/apps/news/page.aspx?c=2&id=9051d55c-abd2-4ec2-a7f6-1b365315f6d2

 

I think the figure for COE revalidation for April and May 2019 will be even higher.  LTA's monthly figures is still showing only March 2019.