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COE supply to drop 11% for Feb-April: sgCarMart

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Published Fri, Nov 27, 2020 · 09:50 PM

    Singapore

    THERE will be 11 per cent fewer certificates of entitlements (COEs) issued for passenger cars in the upcoming February-to-April 2021 quota period, showed predictions from Singapore-based car marketplace sgCarMart (SGCM).

    This estimate is extrapolated from the lower passenger car deregistration numbers released by the Land Transport Authority (LTA) in October this year - which fell by about 2 per cent from the previous month.

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