Available COEs For Next Three Months Fall By Almost 13%

Available COEs For Next Three Months Fall By Almost 13%

There will be fewer certificates of entitlement (COE) for the next three months starting February.

The COE quota for February to April will fall by about 12.9%, from 30,143 to 26,357 COEs, announced the Land Transport Authority (LTA) on Thursday (January 24).

For Category A cars (up to 1,600cc), the available COEs will shrink by 9.1% to 3,300 a month.

Category B cars (above 1,600cc) will have a quota of 2,471 a month, a fall of 2.9% from last quarter.

Category C vehicles (goods vehicles and buses) will have 608 COEs per month, a fall of 7.6%.

Category D, which is for motorcycles, will have a monthly COE quota of 1,641, a drop of 25% from the last quarter.

COEs for open category vehicles will fall 26.4% to 794 a month.

Average monthly COE quotas:

 February to April 2019November 2018 to January 2019
Category A cars (up to 1,600cc)3,3003,631
Category B cars (above 1,600cc)2,3992,471
Category C vehicles (goods vehicles and buses)608658
Motorcycles1,6512,207
Open7941,079

[Source]

(Visited 78 times, 1 visits today)

Leave your comment

Comments