1. The Land Transport Authority had announced on 13 October 2023, the COE quota for the period of November 2023 to January 2024. This included a reallocation of 1,895 Category A and B COEs from guaranteed deregistrations in the next projected supply peak.
2. To further increase the COE supply, LTA will reallocate an additional 1,614 Category A, B and C COEs to the quota for the period from November 2023 to January 2024. This is on top of the 1,895 reallocated COEs that was announced on 13 October. A breakdown of the COE quota by the various categories is in the table below.
Vehicle Category |
Category A |
Category B |
Category C |
Additional COE quota for November 2023 to January 2024 (on top of 13 October announcement) |
546 |
863 |
205 |
Total COE quota for November 2023 to January 2024 |
5,513 |
3,800 |
1,129 |
Quarter-on-Quarter change |
35% |
35% |
65% |
3. There is no change to the quota for other Categories. Details of the quota for each COE category are in Annex A.
4. Potential buyers may want to take note that the COE quota for Categories A, B and C will continue to increase in 2024 before reaching the peak supply period from 2025, whilst Category D quota in 2024 is expected to remain comparable to 2023.
5. The next quota announcement for the bidding period of February 2024 to April 2024 will be in January 2024.
Annex A: Revised Monthly COE Quota for November 2023 to January 2024
