Proposal for Tiering of COEs for Motorcycles of Different Engine Capacities

Debated in Parliament on 4 Oct 2021.

Summary written by AI (learn more)

Abdul Samad proposed tiering motorcycle COEs by engine capacity, specifically for 200cc and below, to address affordability concerns.
S Iswaran explained that splitting the small motorcycle COE quota into tiers could create volatility in prices due to even smaller sub-categories.
The Minister acknowledged the concerns over high motorcycle COE prices and stated that the Land Transport Authority is monitoring the situation and will respond if necessary.

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Abdul Samad

Mr Abdul Samad asked the Minister for Transport whether the Certificate of Entitlement for motorcycles can be tiered according to their engine capacity especially for those 200cc and below.

S Iswaran

Unlike cars, the quota for motorcycle Certificates of Entitlement (COEs) is relatively small. Further dividing the motorcycle COEs into multiple tiers would result in even smaller quotas for each sub-category and may result in significant volatility in their COE prices.

We understand that the high motorcycle COE prices have raised concerns from Members of this House. LTA is monitoring the market situation closely and will respond as needed.

Proposal for Tiering of COEs for Motorcycles of Different Engine Capacities

Debated in Parliament on 4 Oct 2021.

Summary written by AI (learn more)

Abdul Samad proposed tiering motorcycle COEs by engine capacity, specifically for 200cc and below, to address affordability concerns.
S Iswaran explained that splitting the small motorcycle COE quota into tiers could create volatility in prices due to even smaller sub-categories.
The Minister acknowledged the concerns over high motorcycle COE prices and stated that the Land Transport Authority is monitoring the situation and will respond if necessary.

Questions identified by AI (learn more)

Full Transcript

Abdul Samad

Mr Abdul Samad asked the Minister for Transport whether the Certificate of Entitlement for motorcycles can be tiered according to their engine capacity especially for those 200cc and below.

S Iswaran

We understand that the high motorcycle COE prices have raised concerns from Members of this House. LTA is monitoring the market situation closely and will respond as needed.

Proposal for Tiering of COEs for Motorcycles of Different Engine Capacities | PAPERCUTS

Proposal for Tiering of COEs for Motorcycles of Different Engine Capacities

Summary

Questions Identified

Full Transcript

Abdul Samad

S Iswaran

Summary

Questions Identified

Proposal for Tiering of COEs for Motorcycles of Different Engine Capacities

Summary

Questions Identified

Full Transcript

Abdul Samad

S Iswaran

Summary

Questions Identified