19/10/05 COE bidding UP'ping
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As of 4pm today (unoffical)
Category A COE (1600cc & below) is $14,500+
Category B COE (Above 1600 cc) is $14,001
Category OPEN COE is $14,501+ -
Originally posted by Vinsanne:
sianman
As of 4pm today (unoffical)
Category A COE (1600cc & below) is [b]$14,500+
Category B COE (Above 1600 cc) is $14,001
Category OPEN COE is $14,501+[/b]
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COE Open Bidding
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OCTOBER 2005 2nd Open Bidding Exercise has ended on 19/10/2005 16:00 hrs
Bidding Results as at 19/10/2005 16:00 hrs
Category Current COE Price($) Quota Bids Received
A Car (1600cc & below) &Taxi 14,501 2,808 5,927
B Car (Above 1600 cc) 14,101 1,267 2,046
C Goods Vehicle & Bus 7,911 587 730
D Motorcycle 571 508 640
E Open 14,503 1,441 2,115 -
It's expected outcome this round, but it'll be interesting to see if the 10k level can be breached later on...
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if u can wait till feb, likely 10k. if need a car nows the time u cant hit bottom. anyway 2-3k makes litle diff
cheers -
i am blur with the system. is there another round of bidding next month? any prediction how it will go?
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there will be another bidding next mth of coz. but the trend is more ppl buying cars towards the chinese new yr. there might be the possibility of coe going up again..Originally posted by findingnewidea:i am blur with the system. is there another round of bidding next month? any prediction how it will go? -
LOL, look at the quota/bids
Category Current COE Price($) Quota Bids Received
A Car (1600cc & below) &Taxi 14,501 2,808 5,927
6000 people going for 2800 COEs.. I think the price will be pushed a lot higer..