Written Answer to Unanswered Oral Question

Call to Re-instate Percentage Share of COEs for Motorcycles

Speakers

Transcript

44 Mr Kwek Hian Chuan Henry asked the Minister for Transport whether LTA can increase and re-instate the percentage share of COEs for motorcycles back to its historical norm given that motorcycle COEs have been allocated to the Open COE category for the past few years which few motorcyclists utilised.

Mr Ong Ye Kung: Since May 2017, we have ceased the contribution of Category D Certificates of Entitlement (COEs) to Category E. This has stabilised the Category D market, and the total motorcycle population has largely remained unchanged over the last three years. As the Vehicle Growth Rate for motorcycles has been 0% since 2018, the Category D COE quota supply largely depends on the number of motorcycles deregistered in the preceding months.