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  • COE supply to slip for Cat A and B, Cat E supply increases

    17 Jan 2022

    |

    463 views

    The average monthly supply of COEs for the quarter of Feb 2022 to April 2022 will drop to 3,482 from the current quarter's supply of 3,528.

    The supply of Certificates of Entitlement (COE) for the February to April 2022 quota period is set to drop across all car categories except for Cat E.

    An average of 3,482 COEs will be available for bidding each month in the coming quarter, a fall from the average of 3,528 available in the quarter from November 2021 to January 2022, the Land Transport Authority announced on 14 January 2021.

    The COE supply for Cat E cars will increase from an average of 290 to 360 each session for the quarter of February to April 2022
    The COE supply for Cat A cars (up to 1,600cc and 130bhp) will average 1,062, holding steady against the current average of 1,063.

    Meanwhile, the COE supply for Cat B (above 1,600cc or 130bhp) will average 1,099, down from the current average of 1,173.

    COE supply for Cat E however, will see an increased supply in the coming quarter, from 290 for the November-January period to 360 in the coming quarter. COEs in this category can be used for any vehicle type except motorcycles but end up almost exclusively for bigger cars.

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    Commercial vehicle COE bidders will have an average of 152 certificates a month in the next quarter, down from the 180 of this current quarter. The LTA is retaining the current 0.25% per annum vehicle growth rate based on the Category C vehicle population as at 31 December 2021.

    The motorcycle COE supply will contract from 822 to 809.

    The next quota announcement for the bidding period of May 2022 to July 2022 will be made in April 2022.

    Cat ACat BCat CCat E
    Monthly quota -
    November 2021 to January 2022
    1,0631,173180290
    Monthly quota -
    February to April 2022
    1,0621,099152360
    Nett change-1-74-28+70
    % change-0.1%-6.3%-15.6%+24.1%

    ctaimage

    Sgcarmart

    Get COE Renewal Advice, Loans & Paperwork

    We help you renew your COE and find the best loan rates in Singapore.

    • Complimentary pre-COE inspection
    • Settlement of entire COE renewal paperwork

    Get started link red arrow
    24.4k

    Tags

    singapore coe coe supply february quarter shrink 2022

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    COE supply to slip for Cat A and B, Cat E supply increases

    17 Jan 2022

    |

    463 views

    The average monthly supply of COEs for the quarter of Feb 2022 to April 2022 will drop to 3,482 from the current quarter's supply of 3,528.

    The supply of Certificates of Entitlement (COE) for the February to April 2022 quota period is set to drop across all car categories except for Cat E.

    An average of 3,482 COEs will be available for bidding each month in the coming quarter, a fall from the average of 3,528 available in the quarter from November 2021 to January 2022, the Land Transport Authority announced on 14 January 2021.

    The COE supply for Cat E cars will increase from an average of 290 to 360 each session for the quarter of February to April 2022
    The COE supply for Cat A cars (up to 1,600cc and 130bhp) will average 1,062, holding steady against the current average of 1,063.

    Meanwhile, the COE supply for Cat B (above 1,600cc or 130bhp) will average 1,099, down from the current average of 1,173.

    COE supply for Cat E however, will see an increased supply in the coming quarter, from 290 for the November-January period to 360 in the coming quarter. COEs in this category can be used for any vehicle type except motorcycles but end up almost exclusively for bigger cars.

    ctaimage

    Sgcarmart

    Get COE Renewal Advice, Loans & Paperwork

    We help you renew your COE and find the best loan rates in Singapore.

    Get started link red arrow


    Commercial vehicle COE bidders will have an average of 152 certificates a month in the next quarter, down from the 180 of this current quarter. The LTA is retaining the current 0.25% per annum vehicle growth rate based on the Category C vehicle population as at 31 December 2021.

    The motorcycle COE supply will contract from 822 to 809.

    The next quota announcement for the bidding period of May 2022 to July 2022 will be made in April 2022.

    Cat ACat BCat CCat E
    Monthly quota -
    November 2021 to January 2022
    1,0631,173180290
    Monthly quota -
    February to April 2022
    1,0621,099152360
    Nett change-1-74-28+70
    % change-0.1%-6.3%-15.6%+24.1%

    ctaimage

    Sgcarmart

    Get COE Renewal Advice, Loans & Paperwork

    We help you renew your COE and find the best loan rates in Singapore.

    • Complimentary pre-COE inspection
    • Settlement of entire COE renewal paperwork

    Get started link red arrow
    24.4k

    Tags

    singapore coe coe supply february quarter shrink 2022

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