News analysis

Flattening COE supply curve can be taken one step further

The most recent small step is likely to result in car COE prices easing in the August to October period. ST PHOTO: CHONG JUN LIANG
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SINGAPORE - In a move to smoothen sharp fluctuations in certificate of entitlement quotas, the Land Transport Authority (LTA) has announced that COE supply will now be based on deregistrations of the preceding six months, instead of three months previously.

It is yet another small step to address concerns arising from record prices.

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