1. The Certificate of Entitlement (COE) quota for February 2018 to April 2018 will be 25,636. 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 February 2018.
2. The COE quota consists of the following components:
a. Replacement COEs from vehicles deregistered in the preceding three-month period of October to December 2017; and
b. Provision for 0.25% per annum vehicle 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 May 2018 to July 2018 will be made in April 2018.
Annex A: Monthly COE Quota for February 2018 to April 2018