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COE quota shrinks slightly for next quarter
Car buyers waiting for the premiums to soften will be disappointed, but deregistrations are expected to pick up
Add BT as a preferred sourcePublished Thu, Oct 15, 2015 · 09:50 PM
Singapore
AFTER four successive increases in certificates of entitlement (COE) premiums, the upcoming quota will be 0.9 per cent smaller as owners of ageing cars are either delaying deregistration or extending their lifespan.
The November 2015-to-January 2016 period will have 21,653 COEs, down slightly from the current August-to-October 2015 quarter's 21,845. 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.
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