Certificate of Entitlement

For the certificate of entitlement as a proof of right of abode in the UK, see Right of abode in the United Kingdom § Proof of the right of abode.

The Certificate of Entitlement (COE) are classes of categories as part of a quota license for owning a vehicle in Singapore.[1] The licence is obtained from a successful winning bid in an open bid uniform price auction which grants the legal right of the holder to register, own and use a vehicle in Singapore for an initial period of 10 years. When demand is high, the cost of a COE can exceed the value of the car itself.[2] The COE system was implemented in 1990 to regulate the number of vehicles on the road and control traffic congestion, especially in a land-constrained country such as Singapore.

  1. ^ Tan, Ling Hui (2003). "Rationing Rules and Outcomes: The Experience of Singapore's Vehicle Quota System". IMF Staff Papers. 50 (3): 436–457. ISSN 1020-7635. Retrieved 18 August 2024.
  2. ^ Grant, Jeremy (4 March 2014). "Singapore overtakes Tokyo as world's most expensive city". FT.com. Retrieved 7 July 2014.