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The average monthly supply of COEs for the quarter of Aug to Oct 2021 will drop to 4,659 from the current quarter's supply of 5,334.
14 Jul 2021 | Local News : Singapore
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The supply of Certificates Of Entitlement (COE) for the August to October 2021 quota period is set to drop across all car categories, marking the third quarter in which COE supply has dropped across all categories.
This is in line with sgCarMart's projection conducted in June, in which we predicted a 6%, 4%, and 14% drop in COE supply for Cat A, Cat B, and Cat E respectively.
The COE supply for Cat A cars (up to 1,600cc and 130bhp) will average 1,605, down from the current average of 1,657.
Meanwhile, the COE supply for Cat B (above 1,600cc or 130bhp) will average 1,541, down from the current average of 1,618.
COE supply for Cat E will see the most significant fall, from the current monthly average of 517 down to 394 for the August-October period. COEs in this category can be used for any vehicle type except motorcycles but end up almost exclusively for bigger cars.