#PSA With effect from 1 Aug 2022, the #COE quota computation method will be adjusted to smoothen quarterly availability while being responsive in returning the COEs of deregistered vehicles to the bidding pool.
Under the revised method, the COE quota for Aug 2022 to Oct 2022 will be 10,581. This translates to a monthly quota of 3,526 COEs for all categories combined.
The Nov 2022 to Jan 2023 COE quota will be announced in Oct 2022.
More details above 👆🏻
Under the revised method, the COE quota for Aug 2022 to Oct 2022 will be 10,581. This translates to a monthly quota of 3,526 COEs for all categories combined.
The Nov 2022 to Jan 2023 COE quota will be announced in Oct 2022.
More details above 👆🏻
#PSA 🛣️ With effect from 1 Feb 2023, further adjustments will be made to the computation method for #COE quota to reduce quarterly supply volatility.
Under the revised method (based on the rolling average of vehicles deregistered over the previous four quarters), the COE quota for Feb to Apr 2023 will be 9,437. Bidding under this quota will start on 6 Feb. The number of COEs available under the previous computation method would have been 8,695.
The May to Jul 2023 COE quota will be announced in Apr 2023.
Read more about the details above.
Under the revised method (based on the rolling average of vehicles deregistered over the previous four quarters), the COE quota for Feb to Apr 2023 will be 9,437. Bidding under this quota will start on 6 Feb. The number of COEs available under the previous computation method would have been 8,695.
The May to Jul 2023 COE quota will be announced in Apr 2023.
Read more about the details above.
#PSA 📢 We will be making a one-time adjustment to reduce the volatility in #COE quota for Categories A and B.
From the second bidding exercise this quarter on 15 May 2023, we will bring forward guaranteed deregistrations of 5-year non-extendable COEs, which are due to expire when supply is projected to be higher and redistribute them over the next few quarters.
The COE quota for May 2023 to July 2023 will be increased to 10,431. Category A will see an increase of 24% while Category B will see an increase of 15% for the remaining five bidding exercises for this quarter.
More details above.
From the second bidding exercise this quarter on 15 May 2023, we will bring forward guaranteed deregistrations of 5-year non-extendable COEs, which are due to expire when supply is projected to be higher and redistribute them over the next few quarters.
The COE quota for May 2023 to July 2023 will be increased to 10,431. Category A will see an increase of 24% while Category B will see an increase of 15% for the remaining five bidding exercises for this quarter.
More details above.
#PSA 📢 We will be making additional adjustments to #COE Category A 🚗 in anticipation of demand following changes to the Vehicular Emissions Scheme (VES) rebates from 1 Jan 2024.
We will inject an additional 300 Category A COEs across the two COE bidding exercises in Oct 2023, increasing the Category A quota available for the two Oct 2023 exercises by 24%. This will come from the same pool of guaranteed deregistrations of 5-year non-extendable COEs.
There is no change to the quota for other categories.
We will inject an additional 300 Category A COEs across the two COE bidding exercises in Oct 2023, increasing the Category A quota available for the two Oct 2023 exercises by 24%. This will come from the same pool of guaranteed deregistrations of 5-year non-extendable COEs.
There is no change to the quota for other categories.
#PSA 📢 We have released the #COE Quota for Nov 2023 to Jan 2024, which is 13% higher than the last quarter (Aug to Oct 2023).
🚗 The quota for Category A is 22% higher than the previous quarter, and 81% higher than the same quarter last year, after bringing forward 1,570 guaranteed de-registrations of vehicles on a 5-year renewal.
🛻 The quota for Category C is 35% higher than the previous quarter and 124% higher than the same quarter last year.
🚗 The quota for Category A is 22% higher than the previous quarter, and 81% higher than the same quarter last year, after bringing forward 1,570 guaranteed de-registrations of vehicles on a 5-year renewal.
🛻 The quota for Category C is 35% higher than the previous quarter and 124% higher than the same quarter last year.
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