(Photo Credit: iStock)
The Land Transport Authority (LTA) announced that the bidding exercises for Certificates of Entitlement (COE) will remain suspended until motor dealerships and showrooms are allowed to reopen.
According to the press release on 22 May 2020, LTA said that it is monitoring the situation closely and will provide updates on subsequently bidding exercises in the future.
The validity of all TCOEs expiring on or after 7 April 2020 will be extended by three months.
For motorists renewing their COEs for their existing vehicles, the Prevailing Quota Premium (PQP) will be based on the average of the Quota Premium (QP) for the latest three months that the bidding was conducted.
Therefore, the PQP for July will be based on the average of the QP for January, February and March 2020.
Besides announcing the suspension of COE bidding, the authority also announced additional adjustments to support vehicle owners:
- Vehicle services will remain accessible via OneMotoring.
- Motor workshops will reopen from 2 June 2020 for servicing and repairs.
- Periodic inspection for private cars will be extended by six months, if their deadlines fall between 7 April and 30 June 2020. Owners of such vehicles may renew their road tax as long as they have valid insurance coverage.
- Goods vehicles, buses, taxis, private-hire cars and motorcycles are still required to go for their periodic inspections, and Authorised Inspection Centres (AICs) will remain open for them.
- Seal inspection for Off-Peak Cars (OPC) will be waived for those with their road tax due between 7 April and 30 June 2020.
- Commercial vehicle owners who are eligible for the Early Turnover Scheme (ETS) and deregister their vehicles will be given an additional two months to register a replacement vehicle under ETS. A further two months will also be given to owners if their one-month deadline for registering a replacement vehicle falls between 7 April and 30 June 2020. Lastly, owners whose deadline falls between 1 July and 1 August 2020 will be given a further one-month extension to register a replacement vehicle.
- Private vehicle owners who deregister their vehicles, or whose disposal deadline falls between 7 April and 30 June 2020, will be granted an additional two months to dispose their vehicles. For owners whose disposal deadline falls between 1 July and 1 August 2020, they will be granted a further one-month extension to dispose their vehicles.
- All five LTA-appointed scrapyard operators will resume services from 26 May 2020, while the three LTA-appointed Export Processing Zones (EPZs) will reopen from 2 June 2020. Vehicle owners must make an appointment first before sending in their vehicles.
The Circuit Breaker is set to be progressively lifted in three phases starting on 1 June 2020. Under Phase One, economic activities that do not pose a high risk of transmission will be allowed to reopen.
It includes selected services like motor vehicle and aircon servicing, all hairdressing services, selected health services, and schools.
For more details on Phase One, please click here.
Download the Motorist App
The easiest and smartest way to manage your vehicle in Singapore.Download Now
Download the new Motorist App now. Designed by drivers for drivers, this all-in-one app lets you receive the latest traffic updates, gives you access to live traffic cameras, and helps you manage LTA and vehicle matters.
Did you know we have a Motorist Telegram Channel? Created exclusively for drivers and car owners in Singapore, you can get instant info about our latest promotions, articles, tips & hacks, or simply chat with the Motorist Team and fellow drivers.