Good News to Brother Sam.seah.....
But bad news for Category A..... (including
taxis) 
==============================================================
By Yahoo!
Singapore | Yahoo!
Newsroom – 38 minutes ago
===============================================================
The number of certificates of entitlement (COEs) to be made
available for small car buyers will plunge over the next six
months.
The Land
Transport Authority (LTA) said on
Thursday that the overall monthly number of COEs set for
August to January will be 3,226, which is 12.7 per cent down from
the 3,694 certificates allocated monthly for the February to July
period of this year.
The monthly COE quota for cars up to 1,600cc and taxis will fall
36.6 per cent to 786 from 1,239.
Buyers of large cars, commercial vehicles and motorcycles will not
be too affected, however.
For cars above 1,600cc, there will be 701 COEs per month, just
slightly higher than the 699 monthly number set before.
There will be
360 COEs per month for commercial vehicles,
11.4 per cent more
than the previous
319.
For motorcycles, there will be 894 COEs per month, 9 per cent more
than the previous 820.
For COEs in the Open Category, there will be 485 COEs a month, a
21.4 per cent drop from 617.
Following a spike in April, when COE
prices breached $90,000 in two categories,
the LTA
said last month it will slow down planned cuts in the
vehicle growth rate.
It will allow the number of vehicles to grow by no more than 1 per
cent per annum from August this year, and reduce that allowed
growth rate to 0.5 per cent per annum from February next year to
January 2015.
Earlier, the agency had planned to reduce the vehicle growth rate
from 1.5 per cent per annum to 0.5 per cent per annum from this
August.
