1.  The Certificate of Entitlement (COE) quota for August 2017 to October 2017 will be 27,370. 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 2017.

2.  As announced at Budget 2017, Category D (Motorcycles) no longer contributes COEs to Category E (Open Category) with effect from the first COE bidding exercise in May 2017.

3.  The COE quota consists of the following components:

a.    Provision for 0.25% per annum vehicle growth based on the vehicle population as at 31 December 2016;

b.    Replacement COEs from vehicles deregistered in the preceding three-month period of April to June 2017;

c.    Adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme, and expired COEs.

4.  The next quota announcement for the bidding period of November 2017 to January 2018 will be made in October 2017.