COE Quota To Decrease Further From February 2022 to April 2022
The Certificate Of Entitlement (COE) Quota For February 2022 to April 2022 will be further decreased to 10,452 – an average of 3,484 per month.
In comparison, the COE quota from November 2021 to January 2022 was 10,590 – an average of 3,530 a month. This is the fifth quarter in a row that COE quotas were reduced.
Announced by LTA in a press release last Friday, the average monthly quota for Cat A (Cars up to 1600CC & 97kW) saw a decrease from 1,063 to 1,062 - a decrease of 1.
The average monthly quota for Cat B (Cars above 1600CC or 97kW) dropped from 1,173 to 1,099 – decreased by 74.
For goods vehicles and buses in Cat C, the average monthly quota saw a decrease from 180 to 152 – a decrease of 28.
The average monthly quota for Cat D (Motorcycles) went from 822 to 809, a difference of 13.
Lastly, the average monthly quota for Cat E (Open Category) increased from 290 to 360, an increase of 70.
(Photo Credit: LTA)
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Read More: COE Quota to Decrease Further from August 2021 to October 2021
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