1. The Certificate of Entitlement (COE) quota for November 2020 to January 2021 will be 19,954. Details are in Annex A. Bidding under this quota will start on the first Monday in November 2020.
2. The COE quota consists of the following components:
a. Replacement COEs from vehicles deregistered in the three-month period of July 2020 to September 2020;
b. Provision for 0.25% per annum growth for Category C based on the Category C vehicle population as at 31 December 2019;
c. Adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme, and expired COEs; and
d. Return of COEs accumulated from the bidding exercises that were suspended in April, May and June 2020. As earlier announced, one-third of the COEs had been returned for bidding in July to September 2020, and the remaining two-thirds will be returned over October 2020 to June 2021. There will be 4,332 additional COEs for November 2020 to January 2021.
3. The next quota announcement for the bidding period of February 2021 to April 2021 will be made in January 2021.
Annex A: Monthly COE Quota for November 2020 to January 2021