SINGAPORE – The Certificate of Entitlement (COE) quota for August 2016 to October 2016 will be 25,843, The Land Transport Authority (LTA) said in a statement on Tuesday (July 12).
The quota for small cars in category A will be 12,048, while that of big cars in category B will be 8,016.
Meanwhile there is a quota of 2,573 for vehicles in the open category.
Bidding under this quota will start with the first COE bidding exercise in August 2016.
The COE quota consists of the following components:
1. Provision for 0.25 per cent per annum vehicle growth based on the vehicle population as at Dec 31, 2015;
2. Replacement COEs from vehicles deregistered in the preceding three-month period of April to June 2016;
3. Adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme, and expired COEs.
4. The next quota announcement for the bidding period of November 2016 to January 2017 will be made in October 2016.
debwong@sph.com.sg
