COE supply to shrink by 3.5% for May-July period
LTA says there would be an average of 8,448 COEs per month for all vehicles
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Singapore
THE supply of car certificates of entitlement (COE) for the May-July period will dip by 9.5 per cent to 5,875 per month - a much smaller drop than the 20 per cent shrinkage some motor industry players were expecting.
Announcing the quota on Thursday, the Land Transport Authority said there would be an average of 8,448 COEs per month for all vehicles - 3.5 per cent down from the current quota.
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