Car‑Quota Crunch: What’s Going Down in Singapore’s COE
Singapore’s Land Transport Authority (LTA) just lowered the total COE quota for the next three months. The average monthly cap fell from 4,659 slots to 3,530, giving a total of 10,590 slots this quarter.
Why the Numbers Are Dropping
- It’s the fourth straight quarter of “let’s shrink the market” for COE quotas.
- Buyers and sellers are spacing out, watching to see which car models get the green light.
Category Breakdown – The Numbers at a Glance
Category | Avg. Monthly Quota (Prev) | Avg. Monthly Quota (Now) | Change |
---|---|---|---|
Cat A – 1,600cc cars (Cars up to 1,600cc & 97kW) | 1,605 | 1,063 | –542 |
Cat B – 1,600cc‑plus cars (Cars above 1,600cc or 97kW) | 1,541 | 1,173 | –368 |
Cat C – Goods vehicles & buses | 230 | 180 | –50 |
Cat D – Motorcycles | 889 | 822 | –67 |
Cat E – Open Category | 394 | 290 | –104 |
Cat A takes the heaviest hit: a 34% plunge – so if you’re hunting that 1,600cc sweet spot, the odds just got slimmer.
What This Means for You
- With fewer COEs, licensing becomes pricier as supply dips.
- If you’re waiting on a purchase, you might have to hold that hard‑pressed, “when will I get that COE?” moment a bit longer.
- On the upside, fewer people will be fighting for the same slots, so competition might be a smidge easier.
So buckle up, fellow car enthusiasts – the next few months could feel like a roller‑coaster of tightening quotas and rising prices. Stay tuned for more LTA updates, and keep your fingers ready for that sigh of relief when you finally snag your COE.
Steering Ahead: The Scoop on COE Vehicles & the LTA
Hey there, traffic enthusiast! If you caught this on Motorist, you’re in for a treat. Let’s unpack the latest buzz around the COE (Certificate of Entitlement) system and the sun‑shining policies of the Land Transport Authority (LTA).
What’s the Deal With COE?
- COE Hits the Wallets – Every car purchase in Singapore now comes with a COE, basically a price tag for riding on the highways.
- Caps & Rounds – COE allotments are capped each quarter. If you’re eyeing a car, get your timing right or you’ll be chasing another round.
- Price Roller‑coaster – Market forces, demand, and supply dance together to set COE prices. Brace yourself for some financial gymnastics.
Why LTA Mater
The LTA is the maestro behind the scenes, setting policy rhythms for everything from parking design to encouraging electric scooters. Their primary goals:
- Reduce traffic congestion through smart zoning.
- Push greener alternatives – think PVs and EVs.
- Keep the roads safe, comfy, and efficient.
Did You Know?
Every COE can inflate or deflate your budget instantly. Meanwhile, LTA’s road‑planning studies could mean fewer “what‑did‑I‑just‑do‑to‑get-stuck-in‑traffic” moments. Win‑win!
Quick Takeaway
When buying a car in Singapore, you’ll need to consider two angles: COE price and LTA’s evolving road policies. They’re like peanut butter and jelly – best together.
So next time you head to Motorist for your auto reads, remember to read between the lines; the COE system and LTA regulations are the real traffic directors behind the scenes.