COE quota inches down 0.9%

AFTER four successive increases in certificates of entitlement (COEs), the quota for the November 2015 to January 2016 period will be 0.9 per cent smaller than the current August-to-October 2015 quarter with 21,653 COEs.

With a total of 7,217 COEs available each month for the next three months, all five COE categories except the goods vehicle category will shrink.

Category A - for cars below 1,600cc and 130hp - will have 3,313 COEs per month, or down 1.8 per cent.

Cat B - for cars above 1,600cc or 130hp - gets 2,049 COEs, or down 3 per cent.

Cat E - the open category whose premium currently tracks Cat B's - will have 720 COEs per month, or just two COEs fewer.

Cat D - for motorcycles - will see its allocation falling 7.9 per cent to 654 COEs.

However, Category C - for goods vehicles - enjoys a 32.1 per cent increase of 481 COEs per month.