In Parliament
Written Reply to Parliamentary Question on Factors Driving Demand and COE Prices for Categories B, D and E Vehicles
29 November 2022
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Mr Chua Kheng Wee Louis asked the Minister for Transport what are the key reasons for, and demand drivers behind, the record high Certificate of Entitlement (COE) prices for Categories B, D and E that were set in the latest COE bidding round.
Reply by Minister for Transport S Iswaran:
1. I thank the Member for his question. I have addressed it in my reply for Question 86 for the written answer at the 28 November 2022 Parliament sitting.
