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

Published Fri, Aug 28, 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 Friday said it expects that there will be 7 per cent more certificates of entitlement (COEs) for the November 2019-January 2021 quota period.

    This extrapolation - which predicts that around 14,801 COEs for passenger cars will be available for bidding - is released more than two months ahead of the Land Transport Authority's (LTA) quarterly report, and is based on the assumption that August and September's deregistration numbers follow that of July.

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