SINGAPORE: The Certificate of Entitlement quota for the November 2022 to January 2023 bidding exercises will fall by 13.7 per cent.
The last time a lower quota was recorded came during the February to April 2014 period, when 9,127 COEs were available. It also includes adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme, and expired COEs.CNA Explains: How will the new COE quota counting method affect you if you want to buy a new car?
From August, supply was based on a rolling average of vehicle deregistrations over two quarters instead of one.
It’s official. Cars are only for the Ultra rich. Not even a decent pay can get you a car anymore
Inflation related
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