The Certificate of Entitlement (COE) quota for May 2019 to July 2019 will be 25,347. Details of the quota for each COE category are in Annex A. Bidding under this quota will start with the first COE bidding exercise in May 2019.
2. The COE quota consists of the following components:
a. Replacement COEs from vehicles deregistered in the preceding three-month period of January to March 2019;
b. Provision for 0.25% per annum growth for Category C based on the Category C vehicle population as at 31 December 2018; 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 August 2019 to October 2019 will be made in July 2019.