Written Reply to Parliamentary Question on COEs Registered during Month and Sold and Registered to New Owner Within First, Second or Third Year
4 October 2023
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Ms He Ting Ru asked the Minister for Transport for each month over the last three years, how many COEs registered during the month were later sold and registered to a new owner within the first, second or third year from its registration, broken down by the year within which it was sold and the COE category.
Reply by Acting Minister for Transport Chee Hong Tat:
1. Out of approximately 67,000 vehicles registered in 2020, about 12,000, 4,000, and 4,000 vehicles were transferred within the first, second, and third year of being registered respectively. In the first year of registration, majority of transfers are for Category D motorcycles.
