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  • COE supply to shrink for the quarter of November 2022 to January 2023

    14 Oct 2022

    |

    17,309 views

    The average monthly supply of COEs for the quarter of Nov 2022 to Jan 2023 will drop to 3,040 from the current quarter's supply of 3,526.

    The LTA has announced the COE supply for the quarter stretching from November 2022 to January 2023.

    The total average monthly quota across all COE categories for the upcoming quarter will stand at 3,040. This is down from the current average monthly quota of 3,526.

    The average monthly COE supply for Cat B will slip from 939 this quarter to 817 in the upcoming quarter
    The COE supply for Cat A cars (up to 1,600cc and 130bhp) in the coming quarter will hit a monthly average of 915, down from the average of this quarter of 1,086.

    The average monthly COE supply for Cat B (above 1,600cc or 130bhp) meanwhile, will also see a drop, averaging 817, down from the current average of 939.

    These numbers are in line with the predictions we made earlier in October 2022 here.

    The COE supply for Cat E, meanwhile, will drop to a monthly average of 291 from the 327 of the current 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

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    The COE supply for commercial vehicles will also see a drop in the monthly average in the upcoming quarter. This figure will fall to 137, from the current monthly average of 166. The 0.25% per annum growth for the population of Cat C vehicles based on the Category C vehicle population as at 31 December 2021 has been retained.

    The motorcycle COE supply will contract from 1,088 to 880.

    The LTA states that the next COE quota announcement for the bidding period of February 2023 to April 2023 will be made in January 2023.

    Cat ACat BCat CCat E
    Monthly quota -
    August to October 2022
    1,086939166327
    Monthly quota -
    November 2022 to January 2023
    915817137291
    Nett change-171-122-29-36
    % change-15.7%-13%-17.5%-11%
    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 november quarter shrink 2022 2023 quota lta

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    COE supply to shrink for the quarter of November 2022 to January 2023

    14 Oct 2022

    |

    17,309 views

    The average monthly supply of COEs for the quarter of Nov 2022 to Jan 2023 will drop to 3,040 from the current quarter's supply of 3,526.

    The LTA has announced the COE supply for the quarter stretching from November 2022 to January 2023.

    The total average monthly quota across all COE categories for the upcoming quarter will stand at 3,040. This is down from the current average monthly quota of 3,526.

    The average monthly COE supply for Cat B will slip from 939 this quarter to 817 in the upcoming quarter
    The COE supply for Cat A cars (up to 1,600cc and 130bhp) in the coming quarter will hit a monthly average of 915, down from the average of this quarter of 1,086.

    The average monthly COE supply for Cat B (above 1,600cc or 130bhp) meanwhile, will also see a drop, averaging 817, down from the current average of 939.

    These numbers are in line with the predictions we made earlier in October 2022 here.

    The COE supply for Cat E, meanwhile, will drop to a monthly average of 291 from the 327 of the current 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

    The COE supply for commercial vehicles will also see a drop in the monthly average in the upcoming quarter. This figure will fall to 137, from the current monthly average of 166. The 0.25% per annum growth for the population of Cat C vehicles based on the Category C vehicle population as at 31 December 2021 has been retained.

    The motorcycle COE supply will contract from 1,088 to 880.

    The LTA states that the next COE quota announcement for the bidding period of February 2023 to April 2023 will be made in January 2023.

    Cat ACat BCat CCat E
    Monthly quota -
    August to October 2022
    1,086939166327
    Monthly quota -
    November 2022 to January 2023
    915817137291
    Nett change-171-122-29-36
    % change-15.7%-13%-17.5%-11%
    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 november quarter shrink 2022 2023 quota lta

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