Here's everything you need to know about COE Renewal in Singapore. Renew for 5 or 10 years? Taking the best COE renewal loan, when to renew your COE and more.
In the first Certificate of Entitlement bidding round for November, COE premiums rose across the board.
The average monthly supply of COEs for the quarter of May to July 2021 will drop to 5,334 from the current quarter's supply of 5,835.
Revenue from certificates of entitlement and vehicle registration taxes for the financial year will shrink by $1.1 billion.
Certificate of Entitlement supply for the November to January quota period will shrink for all vehicle categories except for motorcycles.
The quota for Certificates of Entitlement is set to shrink six percent, with 24,234 COEs available from November 2016 to January 2017.
The supply for COEs for the August-October quota period has contracted because more motorists have decided to extend.
Vehicle buyers will have fewer Certificates of Entitlement to bid for during the quota period from August to October.