31 May '12, 11pm

The certificate of entitlement (COE) system is here to stay, but there may be room to tweak it further

The certificate of entitlement (COE) system is here to stay, but there may be room to tweak it further

Mr Lui said the technology for a distance-based ERP may not be mature yet. The Government is 'in no hurry' to 'proliferate ERP'. -- ST PHOTO: ALPHONSUS CHERN By Christopher Tan, Senior Correspondent The certificate of entitlement (COE) system is here to stay, but there may be room to tweak it further. One change being considered is a flatter supply pattern over the long term, instead of the current roller-coaster cycle seen since the quota system started in 1990. Transport Minister Lui Tuck Yew hinted at one way of doing this: tempering the huge supply of COEs that is due between 2014 and 2018 so as to mitigate the next cyclical dry spell. Background story WHY THE CHANGE Because all things being equal, come 2021, 2022 and so on, I will again face a situation like today. - Mr Lui, referring to the current supply crunch which has seen COE premiums exceeding $90,000 for bigge...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

Tweets

VemmaTeam June COE bidding exercise opens Monda...

todayonline.com 01 Jun '12, 3am

SINGAPORE - The Certificate of Entitlement (COE) first open bidding exercise for June opens on Monday at noon, with a tota...

3 changes to COE supply to kick in from August

straitstimes.com 30 May '12, 6am

Car buyers will get a small reprieve as a planned cut in COE supply from August will now be more measured. -- ST PHOTO: JA...