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The average monthly supply of COEs for the quarter of Feb 2023 to Apr 2023 will climb to 3,144 from the current quarter's supply of 3,040.

20 Jan 2023 | Local News : Singapore

The LTA revealed the COE supply for the upcoming quarter stretching from February 2023 to April 2023.

The total average monthly quota across all COE categories for the upcoming quarter will stand at 3,144. This is an increase from the current average monthly quota of 3,040. This new supply comes as the LTA has once again readjusted its method for computing the available COE quota, so that the number of COEs available for bidding in each quarter will be the rolling average of the number of vehicles deregistered over the previous four quarters. The LTA states that without this new adjustment, the average monthly quota for February 2023 to April 2023 would have been 2,898.

The average monthly COE supply for Cat B cars is set to rise from 817 to 860 come February 2023
The COE supply for Cat A cars (up to 1,600cc and 130bhp, or electric cars up to 110kW) in the coming quarter will hit a monthly average of 1,010, up from the average of this quarter of 915.

The average monthly COE supply for Cat B (above 1,600cc or 130bhp, and electric cars with more than 110km) meanwhile, will also see an increase, averaging 860, from the current average of 817.

The COE supply for Cat E, however, is set to drop to a monthly average of 259 from the 291 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.

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The COE supply for commercial vehicles will also see a drop in the upcoming quarter. This figure will fall to just 86, from the current monthly average of 137. The 0.25% per annum growth for the population of Cat C vehicles will remain in place until January 2025.

The motorcycle COE supply, meanwhile, will expand from 880 to 929.

The LTA states that the next COE quota announcement for the bidding period of May 2023 to july2023 will be made in April 2023.

Cat A Cat B Cat C Cat E
Monthly quota -
October 2022 to January 2023
915 817 137 291
Monthly quota -
February to April 2023
1,010 860 86 259
Nett change +95 +43 -51 -32
% change +10.4% +5.3% -37.2% +11%

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singapore  coe  coe supply  february  april  quarter  climb  2022  2023  quota  lta