19,263 COEs available from February—July

SINGAPORE: Slightly fewer Certificates of Entitlement (COEs) will be available during the six—month period from February to July this year.

The Land Transport Authority (LTA) said on Tuesday that it has set the quota at 19,263.

That’s slightly lower than the 19,351 made available between August 2012 and January 2013.

On a monthly basis, 3,211 will be made available for all categories, compared with the previous quota of 3,226.

For small cars, 667 COEs will be made available every month, down from 786 in the previous six—month period.

For big cars, the quota is 605 per month, down from 701.

The Open Category will have a monthly quota of 476, down from 485 in the previous six—month period.

For goods vehicles and buses, more COEs will be available. The monthly quota for commercial vehicles will be 451. That’s 91 more than the previous 360.

The number of COEs available for motorcycles per month jumps to 1,012, compared with 894 in the previous six—month period.

Bidding under the new quota will start with the February 2013 First Open Bidding Exercise.

— CNA/ir