Press Room










5 Mar 2014
News Releases
Car registration data in the first month since the re-categorisation of Category (Cat) A/B cars in February 2014 shows that there has been a significant decrease in the median Open Market Value (OMV) of cars registered in Cat A, and a greater number of cars with lower OMV registered in Cat A. For more information, please refer to the attached news release.
26 Sep 2013
Media Replies
We refer to the articles on tweaking the COE system. The intent for refining the Certificate of Entitlement (COE) categorisation is to keep Category A primarily for mass-market cars. We did not re-categorise COEs using Open Market Value (OMV) because OMV can fluctuate with exchange rates and different car fittings. This could result in a particular car model fluctuating between Categories A and B, which would be confusing for car-buyers.
26 Sep 2013
Media Replies
We refer to the article, “Hri Kumar slams COE tweaks, urges push for cleaner cars” (TODAY, 16 Sep 2013) and letter by Tan Si An, “For COEs, best indicator of value is value itself, not proxies” (TODAY, 20 Sep 2013) on tweaking the COE system. The intent for refining the Certificate of Entitlement (COE) categorisation is to keep Category A primarily for mass-market cars.
9 Sep 2013
News Releases
As announced today by the Minister for Transport, Mr Lui Tuck Yew, the Land Transport Authority (LTA) has completed the public consultation on possible refinements to the Certificate of Entitlement (COE) system to better ensure some element of social equity in car ownership. Please refer to the attached Release and Annexes for more information.
26 Aug 2013
News Releases
The Land Transport Authority (LTA) held a public consultation exercise from May to July 2013 on whether and how the Certificate of Entitlement (COE) and car ownership framework should be refined. The consultation, comprising surveys, focus group discussions and face-to-face interviews, generated robust discussion with a diversity of views.
19 Jan 2009
Media Replies
I refer to Mr Foong Swee Kong's letter, 'Renewable 5-year COEs can help S'poreans cut costs' (My Paper, 8 January 2009). Mr Foong suggested that the five-year COE be made renewable to reduce living costs. The standard 10-year Certificate of Entitlement (COE) period for the use of a vehicle is to ensure a fair system for both buyers of new vehicles and existing owners who renew their COE.
28 Oct 2008
Media Replies
I refer to Mr Simon Sia's letter "Congestion and vehicle population increase - LTA can't have it both ways" (The Straits Times, 24 October 2008). LTA adopts a holistic approach in managing congestion on our roads apart from just controlling the growth of the vehicle population and expanding physical road capacity.
12

Media Articles’ Source : The Straits Times, The Sunday Times, The Business Times, The New Paper, Lianhe Zaobao, Lianhe Wanbao, Shin Min Daily News, Berita Harian, Berita Minggu and Tamil Murasu, © Singapore Press Holdings Limited. Permission required for reproduction.