1. The Certificate of Entitlement (COE) quota for February 2019 to April 2019 will be 26,257. 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 2019.
2. The COE quota consists of the following components:
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 2018; and
b) Provision of 0.25% per annum growth for Category C based on Category C vehicle population as at 31 December 2018;
c) Adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme, and expired COEs.
b) Provision of 0.25% per annum growth for Category C based on Category C vehicle population as at 31 December 2018;
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 2019 to July 2019 will be made in April 2019.
Annex A: Monthly COE Quota for February 2019 to April 2019
Annex A: Monthly COE Quota for February 2019 to April 2019
