1,684 COEs available for first open bidding exercise in Jan.........

[ac323]

Details for January's first open bidding exercise for Certificates of Entitlement (COE) have been released.

The total quota available for this tender is 1,684.

There will be 410 COEs for Cat A (small cars), 363 for Cat B (big cars) and 462 for Cat D (motorcycles).

For Cat E (open), 256 COEs will be available, while Cat C (goods vehicles and buses) will have 193 COEs.

The tender opens on January 7 at noon and closes at 4pm on January 9.

 

[pengful]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

So is this more or less than previous months?

 

[ktnpl]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

Slightly more than last exercise...

 

[wt_know]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

pent up demand is very high
just bmwsg alone can whack 500 coes ... lolz

Slightly more than last exercise...

 

[alff]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

so 1000 car COEs for 5.3mio population...nice...each month 1 out of 2700 pple can buy new car if you can afford to pay the $.

View attachment 45947

 

[Red_Bean_Bun]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

The probability of owning a car is still higher than striking 4D......but the gap is closing ....

 

[Mockngbrd]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

COEs today....
HUAT AH HUAT AH!!!

ONE.MOTORING - COE Details

30mins to go and Cat A is already 87k and climbing...


Interesting to look back at a 2008 thread: http://www.bmw-sg.com/forums/bmw-si.../28444-lta-kena-b-slapped-st-forum-today.html

 

[Mockngbrd]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

Cat A has breached 90k !!!

 

[Jason8822]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

100k COE is only few k away
garhmen huat ah

 

[Mockngbrd]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

So far...

91.4
95
93.7

 

[MW]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

CNY coming mah, all want to show off new cars to relatives...

also why blame gahmen? Blame those conti car dealers who are bringing in "affordable" 1.4ltr and 1.6 ltr Turbo cars, and now making Cat A cars look like Cat B cars....

 

[Mockngbrd]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

Bidding ended....
92.1k
96.2k
96.1k

commercial vehicle
60k

 

[newbie88]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

CNY coming mah, all want to show off new cars to relatives...

also why blame gahmen? Blame those conti car dealers who are bringing in "affordable" 1.4ltr and 1.6 ltr Turbo cars, and now making Cat A cars look like Cat B cars....

Yeah, thanks to Merc, BMW and VW

 

[jaskin]

1,684 COEs available for first open bidding exercise in Jan.........

Wow CAT A at 92k... My previous M3 COE was at 73K Almost a year back

 

[Mockngbrd]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

Lui: No plans to put off cut in car population growth rate

The Government will stick with its plan to cut annual vehicle population growth to 0.5 per cent from 1 per cent from February, said Transport Minister Lui Tuck Yew.


Speaking on the sidelines of a visit to SMRT's Bishan depot Thursday morning, Mr Lui was asked about the record Certificate of Entitlement prices. Category A premiums for instance, breached $92,000 at the latest tender on Wednesday - the highest in history.


Mr Lui in response said that 45 per cent of households here already own at least one car, and noted that there may not be much more room for a higher percentage since "13 per cent of space" is already occupied by roads.


He said the high COE prices was not only a function of supply - the smallest since the quota system started in 1990 - but also the robust economy and people's ability and willingness to spend. Mr Lui added that he has asked the Land Transport Authority to look into whether the newly-introduced Carbon emissions-based Vehicle Scheme (CEVS) - which accords lower emission cars rebates of up to $20,000 - had led to more aggressive COE bidding.

 

[newbie88]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

Lui: No plans to put off cut in car population growth rate

The Government will stick with its plan to cut annual vehicle population growth to 0.5 per cent from 1 per cent from February, said Transport Minister Lui Tuck Yew.


Speaking on the sidelines of a visit to SMRT's Bishan depot Thursday morning, Mr Lui was asked about the record Certificate of Entitlement prices. Category A premiums for instance, breached $92,000 at the latest tender on Wednesday - the highest in history.


Mr Lui in response said that 45 per cent of households here already own at least one car, and noted that there may not be much more room for a higher percentage since "13 per cent of space" is already occupied by roads.


He said the high COE prices was not only a function of supply - the smallest since the quota system started in 1990 - but also the robust economy and people's ability and willingness to spend. Mr Lui added that he has asked the Land Transport Authority to look into whether the newly-introduced Carbon emissions-based Vehicle Scheme (CEVS) - which accords lower emission cars rebates of up to $20,000 - had led to more aggressive COE bidding.

Told u liao... "its economy booming lor...." and "if u dun buy... it will not affect u"

 

[alff]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

famous govt rhetoric - inflation doesn't affect you if you don't buy

 

[jaskin]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

nice gif!!!

 

[Red_Bean_Bun]

Re: 1,684 COEs available for first open bidding exercise in Jan.........

Doesn't sound right ..... Inflation affects value of money .... An additional 10% increase in inflation is like a 10% pay cut.

buying less would avoid taxes - stamp duty, COE, gst ........

Cannot any how mix .....

famous govt rhetoric - inflation doesn't affect you if you don't buy