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Monthly COE Quotas For November 2020 To January 2021

The Land Transport Authority (LTA) has recently announced the COE quotas that will be made available for the upcoming November 2020 to January 2021 period, with a 7.12% increase in available quotas compared to the previous three months.

Image Source: Land Transport Authority

The new quotas for November 2020 to January 2021 are as follows: 5,777 for Category A, 6,044 for Category B, 2,205 for Category C, 3,148 for Category D, 2,780 for Category E. All in all, there are a total of 19,954 COE quotas up for grabs.

Here are the percentages for the new number of available quotas compared to the period ranging from August to October;

COE quota for Cat A for Nov to Jan 2021 vs Aug to Oct 20: -2%

COE quota for Cat B for Nov to Jan 2021 vs Aug to Oct 20: +16.5%

COE quota for Cat C for Nov to Jan 2021 vs Aug to Oct 20: +9%

COE quota for Cat D for Nov to Jan 2021 vs Aug to Oct 20: +12.3%

COE quota for Cat E for Nov to Jan 2021 vs Aug to Oct 20: +2.5%

Overall average COE Quota for all categories for Nov to Jan 2021 vs Aug to Oct 20: 7.12% 

How will this translate into COE prices? According to industry experts, we can expect the prices for Category A to increase, due to the reduced supply of quotas. On the other hand, Category B prices are expected to remain stable, with the increase in quotas available compared to the August to October bids. Additionally, there are many new Category B cars launching this half of the year such as the new BMW 5-series, the new facelifted Mercedes-Benz E-Class, as well as the Mercedes-Benz GLB-Class and GLA-Class Subcompact SUVs, the latter of which was recently launched in Singapore.

Category C prices are likely to increase further due to the impending Commercial Vehicle Emissions Scheme (CVES) which will take effect from 1st April 2021, while Category E prices are likely to increase as it trails the price of Category B.


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