MIEC Project TF22 -- by https://padlet.com/jolintan11/ourqr0bhkmie Made with a dash of wit en-us 2018-05-17 13:17:45 UTC 2018-05-17 14:28:46 UTC hello@padlet.com jolintan11 https://padlet.com/jolintan11/ourqr0bhkmie/wish/261600051 Car buyers will have fewer certificates of entitlement (COEs) to contend for in the next three months (May-July). 
Land Transport Authority



]]> 2018-05-17 14:22:59 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261600051 amelialimyw https://padlet.com/jolintan11/ourqr0bhkmie/wish/261600536 The COE supply in Category A - for cars up to 1600cc and 130bhp - will shrink by 8 per cent to 2867. In the February to April quarter, there were 3115 such COEs available for bidding every month]]> 2018-05-17 14:24:08 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261600536 jolintan11 https://padlet.com/jolintan11/ourqr0bhkmie/wish/261600875   
The monthly COE quota in Category B - for cars above 1,600cc or 130bhp - will also slide by 8 per cent, shrinking from 2,779 to 2,559 for the May-July period.


 

 
]]> 2018-05-17 14:24:51 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261600875 amelialimyw https://padlet.com/jolintan11/ourqr0bhkmie/wish/261601185 Zero percent growth policy on the vehicle population

]]> 2018-05-17 14:25:27 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261601185 amelialimyw https://padlet.com/jolintan11/ourqr0bhkmie/wish/261601440 In the open category, there will be 1113 COEs each month for buyers to vie for, a 
drop of about 1.7 per cent. Open category COEs are mainly used to purchase bigger cars.]]> 2018-05-17 14:25:58 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261601440 jolintan11 https://padlet.com/jolintan11/ourqr0bhkmie/wish/261601978  
Because supply of COE is reduced, the price of COE will increase (law of supply)


 
]]> 2018-05-17 14:27:02 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261601978 jolintan11 https://padlet.com/jolintan11/ourqr0bhkmie/wish/261602188 Mr Nicholas Wong, general manager of Honda agent Kah Motor, expects COE prices in Category A to increase (RESULT OF LESSER COE FOR BIDDING)



]]> 2018-05-17 14:27:25 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261602188 amelialimyw https://padlet.com/jolintan11/ourqr0bhkmie/wish/261602286 When a car is deregistered, its COE is recycled back into the system. In February, there were just 2.458 Category A cars deregistered, the smallest number in over a year. 

]]> 2018-05-17 14:27:37 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261602286 jolintan11 https://padlet.com/jolintan11/ourqr0bhkmie/wish/261602538  
At the close of the latest COE tender on Wednesday, COE prices in Category A ended 4 per cent higher at $38,510. The premium for Category B finished 0.7 per cent lower at $37,330. > inflation > lowers real income > hence people will be less likely to spend on luxurious goods. 


 
]]> 2018-05-17 14:28:04 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261602538 jolintan11 https://padlet.com/jolintan11/ourqr0bhkmie/wish/261602709 Singapore Vehicle Traders Association president Michael Lim said that even with the reduced quota, car COE prices will hover between $36,000 and $40,000. "The market is a bit weak," he added. >> ppl not buying car


]]> 2018-05-17 14:28:24 UTC https://padlet.com/jolintan11/ourqr0bhkmie/wish/261602709