SUBSCRIBERS

COE supply expected to rise by 8% for Nov-Jan period: sgCarMart

Published Tue, Sep 29, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    SINGAPORE-BASED online car marketplace sgCarMart (SGCM) on Tuesday said it expects that there will be 8 per cent more certificates of entitlement (COEs) for the November 2020-January 2021 quota period.

    This extrapolation - which predicts that around 14,950 COEs for passenger cars will be available for bidding - is based on the Land Transport Authority's (LTA) passenger car deregistration numbers in August, and assumes that September's deregistration numbers follow that of the past two months.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.