Certificate of entitlement

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by Sean Loo 19 February 2025

Featured, Local, News

Singapore Tightens Regulations On Private-Hire Car Sales

Singapore’s Land Transport Authority (LTA) has recently announced new and tighter regulations on the sale of private-hire vehicles (PHVs). Effective from 19 February 2025, companies must retain ownership of their private-hire vehicles (PHVs) intended for ride-hailing services for a minimum of three years before selling them to individuals. This move aims to address concerns about the rapid turnover of PHVs into the private car market, which has implications for both vehicle oversupply ...

by Sean Loo 9 May 2023

Featured, Local, News

COE Quota for Cars To Rise As LTA Makes One-time Adjustment

In a bid to cool astronomical COE prices, there will be an increase in quota for both Category A and B segments in the May to July quarter. The Land Transport Authority (LTA) has recently announced that it will increase the Certificate of Entitlement (COE) quota for vehicular categories A and B over the next few quarters. This one-time adjustment aims to reduce supply volatility which was the root cause behind ...