Balloting COE sends the wrong signal


I just enjoy reading the comments below haha
 

Who want to join me to buy a plot of coconut plantation in Sabah? We can pool together resources and then build a CS KPT mansion in the middle of it. Then we can hire Sulu warriors as security guards and buy a few limousines to ferry xmm for our mansion parties. We can live like Hugh Hefner or Berluscioni. Daytime drink from coconut. Night-time squeeze coconut. Why waste time worrying about a piece of paper?
 

Who want to join me to buy a plot of coconut plantation in Sabah? We can pool together resources and then build a CS KPT mansion in the middle of it. Then we can hire Sulu warriors as security guards and buy a few limousines to ferry xmm for our mansion parties. We can live like Hugh Hefner or Berluscioni. Daytime drink from coconut. Night-time squeeze coconut. Why waste time worrying about a piece of paper?

Ok I will join you. But I think the most tua kong car in Sabah are Toyota Cruisers 4WD, better for the plantation roads.

Toyota FJ Cruiser 2013 | Off-Road 4WD SUV
 

Ok I will join you. But I think the most tua kong car in Sabah are Toyota Cruisers 4WD, better for the plantation roads.

Toyota FJ Cruiser 2013 | Off-Road 4WD SUV

Toyota cruisers one trip can only fetch 3-4 xmm. No CoE, car can buy big big. Get a stretched hummer, each trip can maximise the number of xmm :)

Malaysia boleh! On hindside, Khaw may be speaking from his heart. Malaysia may be a better place for most of us who are tired of politicians, xmm, rats squeezing our coconuts. We should look for a place where we have plenty of coconuts to live on. I am tired of politicians talking the talk. Maybe we should walk the walk. It is too tiring listening and thinking about all these craps when you wake up till you sleep. There has to be better things to do.

hummer-limo-quotes.jpg
 

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ManWearPants said:
Toyota cruisers one trip can only fetch 3-4 xmm. No CoE, car can buy big big. Get a stretched hummer, each trip can maximise the number of xmm :)

Malaysia boleh! On hindside, Khaw may be speaking from his heart. Malaysia may be a better place for most of us who are tired of politicians, xmm, rats squeezing our coconuts. We should look for a place where we have plenty of coconuts to live on. I am tired of politicians talking the talk. Maybe we should walk the walk. It is too tiring listening and thinking about all these craps when you wake up till you sleep. There has to be better things to do.

Get a bus la. then can be bang bus :P
 

Not very nice term to use at this time. :)

Is Singapore the only country where there are so much terms and conditions in everything you do? You buy a car, have to be concern about Cat A, B or open, know how much to bid for COE, when to bid for COE, OMV, ERP operating hours and various rates, bus lane operating hours, etc. You take a taxi, have to know the different surcharges, different coy flag down fares, midnight and approaching midnight charges, etc. You take public transport have to know how much rebates if you transfer within stipulated duration, timing to avoid peak hours rebates, remember to get back $1 from single trip tickets, etc. Can life be simpler?
 

If HDB can implement the balloting system for flats why cant LTA for COE?
If want to avoid black market just do as HDB do, e.g 5 year lock-in and loads of other constraints

As I mentioned sometime ago, there could be Balloted COE and Bid COE at the same time. Bal COE is like public housing and Bid COE is like private property.. Just set some proper quota and constraint.
There are some conditions that I can think of:
- Only 1 Bal COE per house hold that has no COE yet. Priority to family with children.
- Cap income of $x, cap 1.6l car for Bal COE.
- If get Bid COE must give up Bal COE.
- 5 year lock in non transfer for Bal COE. If transfer before 10 years, must wait 2 years before joining another balloting.
 

If HDB can implement the balloting system for flats why cant LTA for COE?
If want to avoid black market just do as HDB do, e.g 5 year lock-in and loads of other constraints

As I mentioned sometime ago, there could be Balloted COE and Bid COE at the same time. Bal COE is like public housing and Bid COE is like private property.. Just set some proper quota and constraint.
There are some conditions that I can think of:
- Only 1 Bal COE per house hold that has no COE yet. Priority to family with children.
- Cap income of $x, cap 1.6l car for Bal COE.
- If get Bid COE must give up Bal COE.
- 5 year lock in non transfer for Bal COE. If transfer before 10 years, must wait 2 years before joining another balloting.

What about the possibility of say, I want 2 cars, my cousin doesn't want any and he has children, so he gets one COE too for me because I'm family :heart: ...

He let me have the car and I drive both cars. :)

Yet another case - I want 2 cars, my neighbour doesn't want any, I am filthy rich, so I pay him $10K to get a COE. I drive both cars. :)
 

What about the possibility of say, I want 2 cars, my cousin doesn't want any and he has children, so he gets one COE too for me because I'm family :heart: ...

He let me have the car and I drive both cars. :)

Yet another case - I want 2 cars, my neighbour doesn't want any, I am filthy rich, so I pay him $10K to get a COE. I drive both cars. :)

They can only transfer to you after 5 years. Or may be Bal COE can only transfer back to Gov.
And is it legal to buy a car with COE under someone else name?
 

They can only transfer to you after 5 years. Or may be Bal COE can only transfer back to Gov.
And is it legal to buy a car with COE under someone else name?
Probably not under your proposed system, but who's to stop anyone from just saying that they loaned the car to you for one day?

If such undesirable practices start appearing (as they have in Beijing's ballot system), you can try to regulate and enforce this, but the costs and administrative effort would be crazy. I don't think it's a good use of time to try to track if X car is being driven by X or is actually given to Y.
 

I would say vehicle usage translate to (heavy) traffic conditions and not vehicle ownership.
 

I said it in jest. I also think that there is no easy solution when demand far outstrip supply. But I do think that making the individuals bid for non-transferable COE (rather than have the distributors do it) would help. More troublesome? Yes, but hey you wanted that car right? Also, COE (at least a large portion of it) must not be in the loan. That will make people become more prudent.

yes. They should have individuals bid for the COE eons ago.

How can a bidding system be fair with only a few big players???? common sense right??
 

The present COE system is not perfect. It has the false appearance of fair allocation by way of high bidders setting price level.
Which by definition penalises the less well off. It will never be changed voluntarily as it is a cash cow.
Only if they lose many seats. When the pain of keeping the COE is greater than the pain of losing it.

I also agree in changing to pay what you bid system. What is the reason for paying for the lowest bid? That is just encouraging everyone to outbid each other since there is no penalty for gross overbids.
 

scrap the bloody COE system and raise tax on petrol. You can buy 100 cars for all I care, you pay for what you consume on the road. End of the day, what you really want is to control the number of vehicles on the road , not car ownership. If I am bloody rich and buy every model of cars out there, I can only drive one car at one time. If I am not rich but need a car, I can buy and park it. I drive it only when I need to.
 

scrap the bloody COE system and raise tax on petrol. You can buy 100 cars for all I care, you pay for what you consume on the road. End of the day, what you really want is to control the number of vehicles on the road , not car ownership. If I am bloody rich and buy every model of cars out there, I can only drive one car at one time. If I am not rich but need a car, I can buy and park it. I drive it only when I need to.

Good ideas, next is to implement COE for parking lot! Maybe build a 50 storey high car park? What happen when everyone decide to drive on the same day?
 

scrap the bloody COE system and raise tax on petrol.

Ha ha. If like that, instead of 3/4 tank rule, govt will impose 1+3/4 tank when we drive to Malaysia. And Zero Tank rule when we enter Singapore.
 

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