15 Oct Lowest COE quota for cars in Singapore.
Lowest COE quota for cars in Singapore.
The Certificate of Entitlement (COE) quota for November 2021 to January 2022 has been set at 10,590 – the lowest in more than seven years years.The previous low came during the February to April 2014 period, when 9,127 COEs were available.
A recap of the highest bidding price during 2014;
Category A $77,400/-
Category B $84,504/-
Category C $61,000/-
Category E $84,100/-
NOVEMBER TO JANUARY QUOTA
The latest quota for the upcoming three-month period is a drop from the 13,984 that was available from August to October. It has been falling from the most recent peak of 19,954 for the November 2020 to January 2021 period.
For the period of November to January 2022;
Category A (cars up to 1,600cc and 97kW) will have a quota of 3,190, lower than previous quarter’s 4,815.
Category B (cars above 1,600cc and 97kW) will have a quota of 3,521, a drop from 4,625.
Goods vehicles and buses in category C will have a quota of 540, compared to the previous quarter’s 692.
So, is this a good time to sell your car? Find out more at https://sgcarconsign.com.sg/sellcarsg
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