COE quota rises 6.4% to 18,232 for May to July
[SINGAPORE] There will be 1,099 – or 6.4 per cent – more certificates of entitlement (COEs) available for tender from May to July, compared with the February to April period.
In total, 18,232 certificates will be available for bidding, the Land Transport Authority (LTA) said on Wednesday (Apr 16). This is up from the 17,133 COEs that were available from February to April.
The increase in quota from May to July is partly due to vehicle deregistrations during the period from April 2024 to March 2025 and provisions for 0.25 per cent yearly growth in commercial vehicle (Category C) COEs based on the category’s vehicle population as at Dec 31, 2024.
It also consists of adjustments for changes in the taxi population, expired COEs, commercial vehicles undergoing the Early Turnover Scheme, redistribution from guaranteed deregistrations for Category A (smaller cars), Category B (larger cars) and Category D (motorcycle) COEs, as well as the injection of additional COEs.
This will be the second quota period in which LTA will be injecting additional COEs, on top of those brought forward from guaranteed deregistrations in the next projected supply peak.
These quota increases are part of LTA’s move to inject up to 20,000 additional COEs progressively over the next few years from February.
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At present, the number of certificates available for bidding is mainly determined by the number of vehicles taken off the road in the previous four quarters.
In the upcoming quota period, the number of COEs brought forward and the additional certificates injected will total 5,155 across the car and motorcycle categories.
Category A COEs, meant for smaller and less powerful cars and electric vehicles (EVs), will increase by 10 per cent from 6,828 pieces in the February to April period to 7,511 from May to July.
At 4,689, Category B COEs – which are used to register larger and more powerful cars and EVs – will be 5.02 per cent more than the 4,465 pieces available from February to April.
The Open category (Category E) COE supply will rise by 1.85 per cent from 1,187 to 1,209. Category E COEs can be used to register any vehicle type except motorcycles but are almost always used for larger cars and EVs.
The supply of COEs for commercial vehicles (Category C) will be 1,625 – 4.97 per cent more than the 1,548 pieces available in the preceding period.
The motorcycle (Category D) COE supply will increase to 3,198, from 3,105 – a 3 per cent increase.
LTA’s announcement on April 16 comes about 2½ weeks before the biannual car show The Car Expo 2025, which will be held on May 3 and May 4.
A COE gives one the right to own a vehicle in Singapore. THE STRAITS TIMES
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