COE quota for May to July 2022 set at 11,951: LTA
Biddings under the quota will begin on 4 May.
The Land Transport Authority set the quota for certificate of entitlement (COE) at 11,951 from May to July 2022 whilst biddings will begin on 4 May.
Here are the details of the quota for each COE category:
a. Replacement COEs from vehicles deregistered in the three-month period of January 2022 to March 2022;
b. Provision for 0.25% per annum growth for Category C based on the Category C vehicle population as at 31 December 2021; and
c. Adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme, and expired COEs.
In addition, the Ministry of Transport Committee of Supply 2022 announced that Category A Maximum Power Output threshold for electric cars will be revised from 97 kilowatt (kW) to 110kW, to allow more mass-market electric cars to come under Category A.
The revision will take effect from the first COE bidding exercise from 4 to 6 May 2022.
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