1. The Certificate of Entitlement (COE) quota for February 2022 to April 2022 will be 10,452. Details of the quota for each COE category are in Annex A. Bidding under this quota will start on 7 February, the first Monday in February 2022.
2. The COE quota consists of the following components:
a. Replacement COEs from vehicles deregistered in the three-month period of October 2021 to December 2021;
b. Provision for 0.25% per annum growth for Category C based on the Category C vehicle population as at 31 December 2021; 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 2022 to July 2022 will be made in April 2022.
