Motorcycle COE allocation

[kiss29]

http://app.lta.gov.sg/data/apps/news/press/2013/20130115_AnnexA_VQS_QuotaforBiddingExercisesfromFeb13toJul13.pdf

 

The latest COE allocation is out for FEB to JULY 2013.

After studying the motorcycle figures. It dawn upon me why motorcycle COEs are so damm high. From the LTA figures, according to the formula it seems that the number of COE for motorcycle is Negative growth!!! That may explain why motorcycle COEs Prices are so damm expensives all the while.

 

Total motorcycle population = 143,354 units

LTA allowed growth of 0.5% per year = 716 units

All seems alright till this point.

BUT the LTA rule also says, 15% of deregistered motorcycle COE will be allocated to CAT.E for cars!!! Meaning only 85% of deregistered motorcycle COE will go back to the motorcycle CAT.D! Imagine the scenario where all 143,354 units were to be deregistered over their 10 year cycle, the replacement quota will only be 122,567 (143,354 x 85.5%)

So in theory the motorcycle population is decreasing over time at 14.5% rate.

 

That is unfair in my opinion. As since the start of this COE scheme, no one in the right mind will use CAT.E COE to register a motorcycle.

So allocating 15% of deregistered motorcycle quota, to CAT.E is a lousy idea.

 

Today I finally find out for myself why motorcycle COEs are so high.

This negative growth quota, for motorcycle, is the main reason why I as a motorcyclist is unfairly paying a inflated high price for the bike COE.

Very sad to know the truth.

[tbackt]

Briliant!

 

Sent from my GT-N7105 using Tapatalk 2

[XxPJYxX]

http://app.lta.gov.sg/data/apps/news/press/2013/20130115_AnnexA_VQS_QuotaforBiddingExercisesfromFeb13toJul13.pdf

 

The latest COE allocation is out for FEB to JULY 2013.

After studying the motorcycle figures. It dawn upon me why motorcycle COEs are so damm high. From the LTA figures, according to the formula it seems that the number of COE for motorcycle is Negative growth!!! That may explain why motorcycle COEs Prices are so damm expensives all the while.

 

Total motorcycle population = 143,354 units

LTA allowed growth of 0.5% per year = 716 units

All seems alright till this point.

BUT the LTA rule also says, 15% of deregistered motorcycle COE will be allocated to CAT.E for cars!!! Meaning only 85% of deregistered motorcycle COE will go back to the motorcycle CAT.D! Imagine the scenario where all 143,354 units were to be deregistered over their 10 year cycle, the replacement quota will only be 122,567 (143,354 x 85.5%)

So in theory the motorcycle population is decreasing over time at 14.5% rate.

 

That is unfair in my opinion. As since the start of this COE scheme, no one in the right mind will use CAT.E COE to register a motorcycle.

So allocating 15% of deregistered motorcycle quota, to CAT.E is a lousy idea.

 

Today I finally find out for myself why motorcycle COEs are so high.

This negative growth quota, for motorcycle, is the main reason why I as a motorcyclist is unfairly paying a inflated high price for the bike COE.

Very sad to know the truth.

 

Like I said, LTA is screwed up... Take road tax from us, Erp, Coe also take from us... But are the roads becoming bigger or better? No... In fact, the roads are becoming worse thanks to construction of the underground mrt tunnels... They're cutting the roads everywhere, and covering them back up with different materials, causing them to be uneven... They allowing more cars on the road without any road expansions, that causes the congestion everywhere, even on "expressways"... Why I say "expressway", because expressways are supposed to be express, where we can use it to get to a place sooner... But I see Singapore's "expressway" is always congested, so in actual fact, it should not be called an expressway... Instead it should be called a Jamway... Always jam... So much for us paying road tax and whatever Coe sh1t to them... They're using our vehicle owner's money to build mrt, buy buses... Wtf logic is that? Shouldn't they be using our vehicle owner's money to expand the road or what? And use the money they earn from the buses and mrt to build mrt stations and buy buses? It's just like me donating $10 to a beggar and instead of buying some food or drinks for himself, he go buy a pack of condoms... Just an Example... Why the LTA spending our road users money on something we road users have no need for? Mrt line and buses are public transport users, not road users... They should categorize where they receiving the money from... Since they like categorizing cars, bikes, lorries and whatever, why they don't categorize the money? Get what I mean??? LTA is screwed up, thanks to this screwed up government... PAP... People's Action Party? More like Pay And Pay to me... Lol...

[wait4me]

i think the roads are fine ..

expansion of roads?? cannot be , sing too small .

 

i onli dun understand why they charge bike for erp

[XxPJYxX]

i think the roads are fine ..

expansion of roads?? cannot be , sing too small .

 

i onli dun understand why they charge bike for erp

 

Have u been to bukit panjang or bugis where they're constructing the underground mrt tunnels? Go and experience the bumps while sitting on your bike and tell me again that the roads are fine... Because its not... Hurts my balls every time I forget to stand on my bike when passing those damn bumps... Zzz

[drifting_mp3]

Based on the increase in quota for next few months, logically, COE prices for motorcycles should come down.

 

Frankly, I seriously doubt it will come down anytime soon.

[smrt]

nothing goes down in singapore.

[Tachnicolour]

double post.

Edited January 15, 2013 by Tachnicolour

[Tachnicolour]

nothing goes down in singapore.

CPF interest earned rate.

[epidemic41]

mrt? hahaha

[wywsyy]

according to http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M06-Vehs_by_Type.pdf

 

motorcycle population is indeed decreasing from 2010: 148,160 to 2012nov: 144332

 

not a big drop but have to consider all other vehicle population are increasing

[ooitn]

motorcycle have the least population...emm..why need the control..

[Tachnicolour]

There you have it! Something does go down in Singapore. Motorcycle population.

[MR BIKER]

This is where I dont understand. we are like malay say. cows that are being stuck with holes in the nose. we just follow. i dont see the logic why they reduce bikes coe and then tranfer to another category. is motorcycle same as cars?? they cannot equate that but we just follow. its the law.

[wait4me]

Have u been to bukit panjang or bugis where they're constructing the underground mrt tunnels? Go and experience the bumps while sitting on your bike and tell me again that the roads are fine... Because its not... Hurts my balls every time I forget to stand on my bike when passing those damn bumps... Zzz

i been to BPP before it was being dug and after being dug,that time sengar and jelapang was non exisitent, i go slow thast why i dun feel an issue , onli the widing roads and vehicles cant stick to their lane. but that issue is not going to be long also

This is where I dont understand. we are like malay say. cows that are being stuck with holes in the nose. we just follow. i dont see the logic why they reduce bikes coe and then tranfer to another category. is motorcycle same as cars?? they cannot equate that but we just follow. its the law.

i think becaause 2k coe vs 92k coe ...

[xue ling]

i been to BPP before it was being dug and after being dug,that time sengar and jelapang was non exisitent, i go slow thast why i dun feel an issue , onli the widing roads and vehicles cant stick to their lane. but that issue is not going to be long also

 

now it's worst. especially upp bt timah road just aft rail mall.. think gonna last till 2015 when they are done with the construction of the downtown line

[haoKR]

cfm gonna go up,same for the coe for cars

[wait4me]

now it's worst. especially upp bt timah road just aft rail mall.. think gonna last till 2015 when they are done with the construction of the downtown line

yup the behind road at railway mall there the whole strectch until go pass the back roadd of sengar ..

have to go super slow ..

 

but mrt diggings over rules road user .. my house here the private estate all kena the drilling

[andrei]

Oh, so they did change category E allocation at least a bit...

 

Still, with 0.5% growth and 15% going to CatE average bike should stay on the road 30 years for the bike population to stay the same.

Funny though, the same is valid for goods vehicles and buses, and they have statutory age limit of 20 years.

[andrei]

double post

[XxPJYxX]

yup the behind road at railway mall there the whole strectch until go pass the back roadd of sengar ..

have to go super slow ..

 

but mrt diggings over rules road user .. my house here the private estate all kena the drilling

 

They using money that they got from us road users to pay for the mrt construction leh... Is like the NKF taking our donations to build a gold toilet bowl u know? They using money that they got from us to pay for something that we don't need... Get what I'm trying to say???

[XxPJYxX]

So what's the Coe currently? Haven't heard from the radio or had time to check on the news...

[NinjaLite]

Motorbike coe allocation to increase....while cat a and b will decrease

[wait4me]

They using money that they got from us road users to pay for the mrt construction leh... Is like the NKF taking our donations to build a gold toilet bowl u know? They using money that they got from us to pay for something that we don't need... Get what I'm trying to say???

sure a not , where the news on that ?

[XxPJYxX]

sure a not , where the news on that ?

 

Huh? What news? LTA under government, Singapore press holdings under government, mediacorp under government, NKF not under government... U go think lo... Lol...