The Certificate of Entitlement (COE) quota for August 2018 to October 2018 will be 27,683. Details of the quota for each vehicle category are in Annex A. Bidding under this quota will start with the first COE bidding exercise in August 2018.
2. The COE quota consists of the following components:
a. Replacement COEs from vehicles deregistered in the preceding three-month period of April to June 2018; and
b. Provision of 0.25% per annum growth for Category C based on the Category C vehicle population as at 31 December 2017; and
c. Adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme, and expired COEs.
3. The next quota announcement for the bidding period of November 2018 to January 2019 will be made in October 2018.
Annex A: Monthly COE Quota for August 2018 to October 2018