Singapore cuts May to July vehicle COE quota by 4%

Submitted By:  Danielle Isaac Case Study:  No 24,614 certificates will be issued. The Certificate of Entitlement (COE) quota for May 2018 to July 2018 will be 24,614, the Land Transport Authority (LTA) said. Bidding under this quota will start with the first COE bidding exercise in May 2018. According to an announcement, the quota consists of replacement COEs from vehicles deregistered in the preceding three-month period of January to March 2018 and a provision for 0.25% per annum vehicle growth for Category C (goods and vehicle buses) based on its vehicle population as at 31 December 2017. read more