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Posted (edited)

https://www.channelnewsasia.com/news/singapore/fewer-coes-available-august-to-october-2019-quota-11731114

 

 

SINGAPORE: The Certificate of Entitlement (COE) quota for August to October will fall by 17.7 per cent as compared to the previous quarter.

 

The COE quota for August to October will be 20,850, down from the 25,347 COEs from May to July, the Land Transport Authority (LTA) announced in a news release on Thursday (Jul 18).

 

There will be a decrease in the number of COEs issued for every category.

Category A, which is for cars up to 1,600cc and maximum power output not exceeding 97kW, will have a quota of 6,338 COEs, 25.8 per cent fewer than the previous quarter's 8,546. The average monthly quota is 2,112.

 

Category B, which is for cars above 1,600cc or maximum power output above 97kW, will have a quota of 6,251, which is lower than the preceding quarter's 6,834. This works out to an average monthly quota of 2,083. 

 

Goods vehicles and buses in Category C will have a quota of 1,699, with an average monthly quota of 566.

 

In Category D, which is for motorcycles, the COE quota is 4,433, down from last quarter's quota of 5,383. The average monthly quota for this quarter is 1,477.

 

Open category vehicles will have a quota of 2,129, with an average monthly quota of 709.

 

Source: CNA/aa(aj)

 

[drivingcar] 
 

 

 

Edited by Mzrmazda3
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Why news never report the quota drop is due to increase in COE extension? Typical 154th media one sided reporting... knn

 

So what's the drop in demand... hehehe...

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I don't understand WHY motorcycle also kena reduction in quota?

Many extend their motorcycle COE for another 10 years too?

I thought gov is giving $3500 to those old motorcycle for early scrapping, by right should have more quota instead.

 

 

In Category D, which is for motorcycles, the COE quota is 4,433, down from last quarter's quota of 5,383. The average monthly quota for this quarter is 1,477.

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$3500 subsidy... enough to cover new COE. What about cost of new bike? Many are not willing to take new loan or fork out saving just to ride new bike when old is strong.

 

I don't understand WHY motorcycle also kena reduction in quota?

Many extend their motorcycle COE for another 10 years too?

I thought gov is giving $3500 to those old motorcycle for early scrapping, by right should have more quota instead.

 

 

In Category D, which is for motorcycles, the COE quota is 4,433, down from last quarter's quota of 5,383. The average monthly quota for this quarter is 1,477.

 

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Posted (edited)

Coe quota dropped and rental companies bidding for PHV, coe sure go up rocket sky.

Do not worry. Donald Trump will serve 1 more term.

https://www.channelnewsasia.com/news/business/cycle-carriage-singapore-car-leasing-go-jek-ride-hailing-11752158

 

Cycle & Carriage enters car rental business in Singapore, forms partnership with Go-Jek

 

COE sure will shoot up again

Look Kia Caren Mitsubishi Attrage. There are quite a number on the road. Edited by Twich

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Do not worry. Donald Trump will serve 1 more term.

Look Kia Caren Mitsubishi Attragw. There are quite a number on the road.

True, there are already many C&C cars as PHV on the road now. So next time we can see stonic, cerato and niro as PHV?!

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https://www.channelnewsasia.com/news/business/cycle-carriage-singapore-car-leasing-go-jek-ride-hailing-11752158

 

Cycle & Carriage enters car rental business in Singapore, forms partnership with Go-Jek

 

COE sure will shoot up again

With low birth rate and ageing population. The demand of car will drop.

No work. No bank loan.

True, there are already many C&C cars as PHV on the road now. So next time we can see stonic, cerato and niro as PHV?!

In the beginning of Uber, I can see old Kia K3 (basic version).

Coe quota dropped and rental companies bidding for PHV, coe sure go up rocket sky.

Better worry our jobs. Look at the trade war. Donald Trump will serve 4 more years.

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Posted (edited)

True, there are already many C&C cars as PHV on the road now. So next time we can see stonic, cerato and niro as PHV?!

Singapore economy is losing it's steam.

High value added jobs have become scare.

More less value added jobs are available. Such as PHV drivers, Grabfood delivery and etc.

Edited by Twich
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Posted (edited)

https://www.channelnewsasia.com/news/business/cycle-carriage-singapore-car-leasing-go-jek-ride-hailing-11752158

 

Cycle & Carriage enters car rental business in Singapore, forms partnership with Go-Jek

 

COE sure will shoot up again

 

Most are Cat A cars, except for the Niro. So indeed, looks like COE prices will rise with this additional demand. 

 

Will buyers have to wait even longer for their Ceratos, with C&C prioritizing incoming units for their leasing business? 

Edited by Prataboy

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Most are Cat A cars, except for the Niro. So indeed, looks like COE prices will rise with this additional demand.

 

Will buyers have to wait even longer for their Ceratos, with C&C prioritizing incoming units for their leasing business?

There are Kia Caren and old Kia K3 on the road.

If C&C can't meet buyers expectation, they could kiss and good bye.

More buyers will turn to Hyundai.

Most are Cat A cars, except for the Niro. So indeed, looks like COE prices will rise with this additional demand.

 

Will buyers have to wait even longer for their Ceratos, with C&C prioritizing incoming units for their leasing business?

Economy will be worst coming at the year. Job security is the main concern.

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There could be more PHV drivers as those who are retrenched drive Grab/Go-Jek to sustain while looking for a better job.

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There are Kia Caren and old Kia K3 on the road.

If C&C can't meet buyers expectation, they could kiss and good bye.

More buyers will turn to Hyundai.

Economy will be worst coming at the year. Job security is the main concern.

No wonder avante is selling like hotcake now.

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There could be more PHV drivers as those who are retrenched drive Grab/Go-Jek to sustain while looking for a better job.

 

moar PHV cars on the road

 

lesser commuters cos time is bad

 

many try to cut down expenses

 

many PHV drivers will eat grass

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