LTA announced last week there will be 14.3 per cent more COEs available for bidding from May to July. . Read more at straitstimes.com.
However, the slightly more generous total quota that applies from the next exercise was seen as a factor in the latest bidding results. That category will be reduced by 4.2 per cent. This represents a 6.7 per cent fall from the previous round's $10,503.