The total average monthly COE supply across all private car categories will hit 1,969 for the quarter of May to July, down from the current average of 2,129.
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.
While premiums have cooled off this week, the continued upwards trajectory for Cats A, B and E recently has still been undeniable - and unprecedented.
Premiums have broken six figures for the first time in two decades. Still, with a projected quota shrinkage, it appears that we may not have crossed the peak.
It remains to be seen if COE premiums will continue scaling new heights, but with a projected quota shrinkage for May to Aug, don't expect a sudden cooling off.
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.
In the first Certificate of Entitlement bidding round for November, COE premiums rose across the board.
The average monthly supply of COEs for the quarter of Nov 2021 to Jan 2022 will drop to 3,528 from the current quarter's supply of 4,659.
Fewer projected car deregistrations will lead to significant COE quota shrinkage in the upcoming quarter, which will continue to drive COE prices upward.
In the first Certificate of Entitlement bidding round for August, COE premiums fell across all private car categories.
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.
Lucrative aspects of the used car business in today's shrinking COE climate is driving Authorised Dealers to grow their businesses in the segment.
COE prices are expected to rise, while fewer projected car deregistrations will lead to COE supply shrinking in the upcoming quarter.
The average monthly supply of COEs for the quarter of May to July 2021 will drop to 5,334 from the current quarter's supply of 5,835.
The monthly average supply of COEs for the period of February to April 2021 will drop to 5,835 from the current quarter's 6,649.
Revenue from certificates of entitlement and vehicle registration taxes for the financial year will shrink by $1.1 billion.
Vehicle buyers will be in for a sizeably smaller supply of Certificates of Entitlement (COEs) for the August-October quota period.
The vehicle Certificate of Entitlement quota for May to July will shrink by 4%, the second quota where the zero-growth policy has been applied.
The car COE quota for the February to April 2018 period will shrink by 3.5 percent to a monthly average of 5,894, down from 6,108.
Certificate of Entitlement supply for the November to January quota period will shrink for all vehicle categories except for motorcycles.