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COE quota upped again for quarter starting in November

L

LaksaNews

Myth
Member
"Potential buyers may want to take note that the COE quota for Categories A, B and C will continue to increase in 2024 before reaching the peak supply period from 2025, whilst (the) Category D quota in 2024 is expected to remain comparable to 2023," LTA said.

Category D vehicles are motorcycles.

Bidding under the new quota will start on Nov 6.

LTA added that it will announce the COE quota for the bidding period of February to April 2024 in January.

COE prices have been on the rise in recent weeks, with premiums for all car categories hitting new highs.

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