Ministry of Transport

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Why do we need the COE system?

2

Why not introduce a COE surcharge, like an Additional Buyer's Stamp Duty, for those households with multiple cars?

1

Why are buyers subject to the prevailing PARF rebate at the point of registration based on the date the COE is obtained rather than at the point of sale? / Can the effective date be deferred to allow affected buyers time to adjust?

Why was the PARF rebate revised?

Which vehicles are affected by the revised PARF rebate?

Can I cancel my vehicle purchase because of the PARF change? / How will dealers and buyers who signed purchase agreements before 12 February but have not secured COEs be supported during this transition?

What is COE revenue used for?

What affects COE prices? What is fuelling the high bids in 2025? Are our policy measures (e.g. the one-off injection of 20,000 COEs in Oct 2024 and the 'cut-and-fill' to bring forward COE quota from peak years) ineffective given rising COE prices?

Do Private Hire Vehicles (PHV) contribute to higher COE prices?

Should Private Hire Vehicles (PHVs) be in a separate COE category?

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