A total of 9,128 COEs will be available for the quarter, said the Land Transport Authority on Friday . This is a decrease from the August to October quota of 10,581.
The November 2022 to January 2023 quota translates to a monthly average of 3,040 COEs for all categories combined, according to figures from LTA.The COE quota consists of 50 per cent of the replacement COEs from vehicles deregistered in the six-month period of April 2022 to September 2022 and a provision for 0.25 per cent per annum growth for Category C based on the Category C vehicle population as at Dec 31, 2021.
LTA announced in July that the method for computing the quota available for COE bidding would be adjusted to reduce volatility in supply.
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COE quota to drop by 13.7% for the November to January quarterSINGAPORE: The Certificate of Entitlement (COE) quota for the November 2022 to January 2023 bidding exercises will fall by 13.7 per cent. A total of 9,128 COEs will be available for the quarter, said the Land Transport Authority (LTA) on Friday (Oct 14). This is a decrease from the August to Octo Inflation related It’s official. Cars are only for the Ultra rich. Not even a decent pay can get you a car anymore
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COE supply for Nov to Jan to fall by 13.8% to about 3,040 per monthMotor traders were expecting quota to be reduced, but some were surprised at how much supply will drop. Read more at straitstimes.com.
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COE supply for Nov to Jan to fall by 13.8% to about 3,040 per monthThe supply of certificates of entitlement (COEs) for the period between November and January 2023 will shrink by 13.8 per cent, with the quota for commercial vehicles taking the hardest hit. In all, there will an average of 3,040 COEs available for bidding across the five...
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