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Data On "Cut and Fill" Approach to Reassign COE Quotas and Further Medium-Term Plans to Equalise Supply
04 Nov 2025In Parliament
Written Reply to Parliamentary Question
Assoc Prof Jamus Jerome Lim asked the Acting Minister for Transport with regard to the “cut-and-fill” approach to reassign COE quota supply
a. from May 2023 till to date, how many quotas have been reassigned from guaranteed deregistrations of 5-year non-extendable COEs and the standard 10-year COEs; and
b. whether the Ministry has any further medium-term plans to equalise the COE supply across years to eliminate the peak-and-trough cycle of COE prices.
Reply by Acting Minister for Transport Jeffrey Siow:
1. Since May 2023, the Land Transport Authority (LTA) redistributed and injected a total of 30,813 COEs across the COE categories. We will continue to monitor the COE supply to ensure it is stable.