COE supply to raise after 7-yr slide -ST 8.4.14

[yawnyawn]

Supply of COE will definitely increase over the next 3 years. 23,309 cars will have to extend COE or be scrapped this year. And 84,212, 114,665 and 105,403 cars in 2015, 2016, 2017.

I think we can see COE going down to a more reasonable amount in the coming years, and by a bigger quantum if a recession occurs.

http://www.lta.gov.sg/content/dam/ltaweb...by_age.pdf