COE Supply for Category A Expected to Remain Stable
1. The Certificate of Entitlement (COE) quota for February 2026 to April 2026 will be 18,824. Details of the quota for each COE category are in Annex A.
2. The February 2026 to April 2026 COE quota consists of the following components:
a. 25% of the replacement COEs from vehicles deregistered in the twelve-month period from January 2025 to December 2025;
b. Provision for 0.25% per annum growth for Category C based on the Category C vehicle population as at 31 December 2025; and
c. Adjustments for changes in the taxi population, expired Temporary COEs, Early Turnover Scheme for commercial vehicles, redistribution from guaranteed deregistrations for Category A, Category B and Category D and injection of additional COEs.
3. Overall, the COE quota for February 2026 to April 2026 is 1% lower than the previous quarter (November 2025 to January 2026).
4. Bidding under this quota will start on 2 February 2026. Bidding exercises start on the first and third Monday of each month. There will be a longer interval of three weeks between the 2nd bidding exercise of March 2026 and the 1st bidding exercise of April 2026.
5. The next quota announcement for the bidding period of May 2026 to July 2026 will be made in April 2026.
Annex A: Monthly COE Quota for February 2026 to April 2026