ST: The Big Story, 20 Jan - LTA revises COE quota calculation to reduce quarter-on-quarter supply volatility
Published on 20 Jan, 2023

The supply of certificates of COEs will rise by 3.4% for the period of February to April 2023, the first increase after two quarters of decline.

Overall, there will be an average of 3,144 COEs available for bidding spread across the five categories each month during this period, said the Land Transport Authority (LTA) on Friday.

This is up from the monthly average of 3,040 COEs for the November 2022 to January 2023 period.

In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann spoke with Senior Transport Correspondent, Lee Nian Tjoe to find out more.