In Parliament
Written Reply by Minister for Transport S Iswaran to Parliamentary Question on Proposal for Tiering of COEs for Motorcycles of Different Engine Capacities
4 October 2021
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
Mr Abdul Samad asked the Minister for Transport whether the Certificate of Entitlement for motorcycles can be tiered according to their engine capacity especially for those 200cc and below.
Reply by Minister for Transport S Iswaran
1. Unlike cars, the quota for motorcycle Certificates of Entitlement (COEs) is relatively small. Further dividing the motorcycle COEs into multiple tiers would result in even smaller quotas for each sub-category and may result in significant volatility in their COE prices.
2. We understand that the high motorcycle COE prices have raised concerns from Members of this House. LTA is monitoring the market situation closely and will respond as needed.