News analysis
Flattening of COE supply curve can be taken one step further
One idea is to smooth out the 10-year cyclical peak-and-trough supply pattern for good
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In a move to smooth out 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.
