COE policy to be reviewed based on public feedback?
COE policy to be reviewed based on public feedback?
It was a long time coming, but after 22-years since the introduction of COE vehicle quota system, Transport Minister Lui Tuck Yew has hinted the system might undergo a review amidst sharply rising COE prices.
According to The Straits Times, one possible area industry players are hoping for change is the way cars are classified. Currently cars are classified under three categories:
Category A is for cars up to 1,600cc, Category B for cars above 1,600cc and an open category.
Mr Lui commented the Transport Ministry together with LTA are studying the several feedback provided by the public regarding the issue. Under numerous occasions the public have commented that car classification should be altered to be based on emissions levels or power output - even through sgCarMart
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