1. The Certificate of Entitlement (COE) quota for May 2021 to July 2021 will be 16,010. Details are in Annex A. Bidding under this quota will start on the first Monday in May 2021.
2. The COE quota consists of the following components:
a. Replacement COEs from vehicles deregistered in the three-month period of January 2021 to March 2021;
b. Provision for 0.25% per annum growth for Category C based on the Category C vehicle population as at 31 December 2020;
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. One-third of the COEs had been returned for bidding from July 2020 to September 2020, and it was earlier announced that the remaining two-thirds will be returned from October 2020 to June 2021. To more evenly distribute the remaining 2,890 COEs, accumulated when COE bidding was suspended last year for the first time due to COVID-19, LTA will redistribute these quotas over May, June and July 2021, instead of May and June 2021. All accumulated COEs will be returned by July 2021.
3. The next quota announcement for the bidding period of August 2021 to October 2021 will be made in July 2021.
Annex A: Monthly COE Quota for May 2021 to July 2021