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The supply of Certificates Of Entitlement (COE) for the November-January quota period will rise for Cat B and Cat E, while Cat A will see a slight fall as compared to this current quarter.
Around 6,649 COEs will be available for bidding each month, a rise from the average of 6,207 available in the quarter from August to October 2020, the Land Transport Authority announced on Oct 13, 2020.
The COE supply for Cat A cars (up to 1,600cc and 130bhp) will average 1,925 a month, down from 1,967 for the August-October period.
Meanwhile, the COE supply for Cat B (above 1,600cc or 130bhp) will average 2,014, a rise from the 1,729 during the August-October period. COE supply for Cat E will see a small rise, from the current monthly average of 903 to 926 for the August-October period.
ALSO READ: October 2020 COE results: Premiums down for cars
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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