There will be fewer Certificates of Entitlement (COE) for the next three months starting from February. The Land Transport Authority (LTA) said the supply of Category A COEs, which are for cars up to 1,600cc, will shrink by 9.1% to 3,300 a month.
Category B (cars above 1,600cc) will have 2.9% fewer certificates at 2,471 a month. There will be 26.4% fewer open category COEs, which are for all vehicles except motorcycles, at 784 a month.
Commercial vehicle buyers and sellers will have 25.2% fewer COEs at 1,651 per month. And motorcyclists will see a 7.6% dip in their COE supply to 608 pieces a month. In total, the supply is 12.9% smaller than the November-January quota.
