Viewed : 22,312 times
Led by Cat D, the average monthly supply of COEs for the period of May 2022 to July 2022 will rise to 3,982 from the current period's supply of 3,482.
14 Apr 2022 | Local News : Singapore
An average of 3,982 COEs will be available for bidding each month in the coming quarter, a significant jump from the average of 3,482 available in the quarter from February to April 2022, the Land Transport Authority announced on 14 April 2022.
While rising more gently, COE supply for Cat E will also see an increase in the coming quarter to 379 per month, up from 360 for the February to April 2022 period. COEs in this category can be used for any vehicle type except motorcycles, but end up almost exclusively for bigger cars.
Meanwhile, the COE supply for Cat B (above 1,600cc or 130bhp) will continue its downward trend and average out at 1,053 a month, down from the current average of 1,099.
The final numbers differ quite notably from what we had projected a couple of weeks back, with a sharper rise in Cat A, and a gentler drop in Cat B than what our statistical forecasting had estimated.
The final numbers differ quite notably from what we had projected a couple of weeks back, with a sharper rise in Cat A, and a gentler drop in Cat B than what our statistical forecasting had estimated.