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Motor Mouth: Fixing COE anomalies requires more than tweaking supply

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One way to cool COE prices is to merge all categories into one, and base premiums on vehicle cost price.

One way to cool COE prices is to merge all categories into one, and base premiums on the vehicle's cost price.

PHOTO: ST FILE

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SINGAPORE – In a case of “if you don’t succeed, try and try again”, the Government made

a one-off adjustment to the certificate of entitlement (COE) supply

in May.

It brought forward a number of COEs arising from five-year renewals due to expire in future years. These COEs will be distributed over the next several quarters to mitigate the current seasonal drought in certificates.

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