#PSA We will be making a one-time adjustment to reduce the v | LTASingapore
#PSA We will be making a one-time adjustment to reduce the volatility in #COE quota for Categories A and B.
From the second bidding exercise this quarter on 15 May 2023, we will bring forward guaranteed deregistrations of 5-year non-extendable COEs, which are due to expire when supply is projected to be higher and redistribute them over the next few quarters.
The COE quota for May 2023 to July 2023 will be increased to 10,431. Category A will see an increase of 24% while Category B will see an increase of 15% for the remaining five bidding exercises for this quarter.
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