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COE quota inches down 0.9%

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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.

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.

sentifi.com

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