16 Jul '11, 9am

Higher COE quota for small cars, motorcycles

Singapore - There were reasons to cheer for those looking to buy a 1,600cc car or a motorcycle, as the Certificates of Entitlement (COE) supply for the August to January period was released yesterday. The monthly quota of COEs in these categories will be increased for the six-month period: There will be 1,096 COEs each month in the small car category, or 76 more per month compared with the previous six-month period. For motorcycles, there will be 775 COEs each month, or 124 more COEs each month. However, buyers of larger cars, goods vehicles and buses are likely to face stiffer competition over the next six months, due to a fall in the COE supply. There will be 706 COEs for cars larger than 1,600cc, 141 fewer than the previous allocated quota. The goods vehicle and buses category will see 68 fewer COEs over the next six months. Overall, COE supply for the next six months r...

Full article: http://www.todayonline.com/Hotnews/EDC110716-0000050/High...

Tweets

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COE prices hit 14-year high | SingaporeScene - Yahoo! News via @yahoosg

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sg.news.yahoo.com 21 Jul '11, 4am

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