Why the new COE formula won't bring prices down much
SINGAPORE - The Land Transport Authority (LTA) today announced a revised method for computing Certificate of Entitlement (COE) quotas, which it says will ‘smoothen quarterly availability’ of COEs, and will begin during the next COE quarter period from August 2022 to October 2022. In short, this new system will compute the average of de-registrations from the preceding six-month (two quarter)...
Source: asiaone.com