Rise in Nov-Jan COE supply

Singapore

THERE will be a small respite for car buyers when the new certificate of entitlement (COE) quota starts next month.

The Land Transport Authority announced on Tuesday that COEs for cars (including Open COEs) will increase by 5.8 per cent to 4,865 a month for the November-January period. Of the lot, 1,925 will be for cars up to 1,600cc and 130bhp (down from 1,967), 2,014 for cars above 1,600cc or 130bhp (up from 1,729), and 926 for the Open category (up from 903). Open COE can be used for any vehicle type except motorcycles but ends up mostly for bigger cars.