Car COE average monthly quota to shrink by 3.5% from February
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THERE will be fewer Certificates of Entitlement (COEs) available for car buyers from February, with the car quota shrinking 3.5 per cent to a monthly average of 5,894 - down from 6,108.
Overall, the COE supply will fall from 8,635 a month currently to 8,544 - due primarily to the fall in supply for the small-car category, for cars up to 1,600cc and 130bhp.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts