Certificate of Entitlement bidding to restart from 6 July: LTA

Accumulated quota to get back to market over the next 12 months.

Certificate of Entitlement (COE) bidding exercises will resume from 6 July, the Land Transport Authority (LTA) has confirmed. These biddings will revert to their usual schedule, the first and third Mondays of each month, thereafter. The announcement came a day before the ‘post circuit breaker’ re-opening of motor vehicle dealerships and showrooms, including test drives by prospective vehicle buyers.

The COE quota for the bidding exercises in July will be 8,737. The accumulated COE quota of 19,490 from the suspended bidding exercises from April to June will be returned to the market over the next 12 months, starting from July.

LTA will offer 6,494 of accumulated COEs from July to September of 2020, and 12,996 COEs from October 2020 to June 2021.

The LTA says the accumulated COE quota is being offered “to ensure sufficient supply of COEs to meet the orders that have built up during the period of COE bidding suspension, as well as the need to smoothen the supply of COEs to ensure long-term market stability”.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia