New COE Criteria For Category A Cars

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#1
Most premium models to be taken out of Cat A

1. As announced today by the Minister for Transport, Mr Lui Tuck Yew, the Land Transport Authority (LTA) has completed the public consultation on possible refinements to the Certificate of Entitlement (COE) system to better ensure some element of social equity in car ownership.

2. After careful consideration, LTA will retain the existing criterion for Category (Cat) A that the engine capacity of the car should not exceed 1,600 cylinder capacity (cc), and add a new criterion that the engine power of the car should not exceed 97 kilowatts (kW) (equivalent to about 130 brake horsepower (bhp)). (Please refer to Annex A for more information on the proposed refinements to the COE system.)

3. LTA will not implement a surcharge on multiple car ownership, in view of concerns over its effectiveness and possible impact on larger households.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)