In a press release titled New Criteria For Category A Cars, Singapore Land Transport Authority (LTA) has announced the new changes to COE (Certificate of Entitlements) system. The engine capacity of the car should sill not exceed 1,600 cylinder capacity (cc) but additionally the engine power of the car should not exceed 97 kilowatts (kW) (equivalent to about 130 brake horsepower (bhp)).
So Category A now covers cars up to 1,600 cc and 97 kw (130 bhp) and Category B covers cars above 1,600 cc or 97 kw (130 bhp). This change to COE will mean that nearly half of today's mass market cars would be reclassified as premium models, or fall under the COE Category B (for cars with 1,600cc and above).
The Certificate of Entitlement or COE is the quota license received from a successful winning bid in a sealed bid uniform price auction which grants the legal right of the holder to register, own and use a vehicle in Singapore for a period of 10 years. Before buying a new vehicle, potential owners in Singapore are required by the Land Transport Authority (LTA) to first place a monetary bid for a Certificate of Entitlement. The number of available COEs is governed by a quota system called the Vehicle Quota System (VQS) and is announced by LTA in April of each year with a review in October for possible adjustments for the period of one year starting from May. Approximately one-twelfth of the yearly quota is auctioned off each month in a sealed-bid, uniform price auction system and successful bidders pay the lowest winning bid.
LTA also said that although it acknowledged that many who were consulted favoured cars to be categorised based on their Open Market Value (OMV) it is not practical to use the OMV of a car model for categorisation as OMV can fluctuate quite significantly for different batches of the same car, due to variations in exchange rates and car model specifications. LTA has also announced that it will not implement a surcharge on multiple car ownership.
So which current Cat A car models are moving into Cat B? Below is a list from LTA showing category A car models registered in 2012 that would have been moved to Cat B under the new criteria.
So Category A now covers cars up to 1,600 cc and 97 kw (130 bhp) and Category B covers cars above 1,600 cc or 97 kw (130 bhp). This change to COE will mean that nearly half of today's mass market cars would be reclassified as premium models, or fall under the COE Category B (for cars with 1,600cc and above).
The Certificate of Entitlement or COE is the quota license received from a successful winning bid in a sealed bid uniform price auction which grants the legal right of the holder to register, own and use a vehicle in Singapore for a period of 10 years. Before buying a new vehicle, potential owners in Singapore are required by the Land Transport Authority (LTA) to first place a monetary bid for a Certificate of Entitlement. The number of available COEs is governed by a quota system called the Vehicle Quota System (VQS) and is announced by LTA in April of each year with a review in October for possible adjustments for the period of one year starting from May. Approximately one-twelfth of the yearly quota is auctioned off each month in a sealed-bid, uniform price auction system and successful bidders pay the lowest winning bid.
LTA also said that although it acknowledged that many who were consulted favoured cars to be categorised based on their Open Market Value (OMV) it is not practical to use the OMV of a car model for categorisation as OMV can fluctuate quite significantly for different batches of the same car, due to variations in exchange rates and car model specifications. LTA has also announced that it will not implement a surcharge on multiple car ownership.
So which current Cat A car models are moving into Cat B? Below is a list from LTA showing category A car models registered in 2012 that would have been moved to Cat B under the new criteria.
Make | Model | Average Engine Capacity (cc) | Average Engine Power | |
kW | bhp | |||
Lotus | ELISE | 1,598 | 100 | 134 |
Mazda | RX8 | 1308 | 158 | 212 |
Volvo | V60 | 1596 | 132 | 177 |
Volvo | S80 | 1596 | 132 | 177 |
Peugeot | RCZ | 1598 | 123 | 164 |
Fiat | 500 ABARTH | 1368 | 132 | 177 |
Citroen | DS5 | 1598 | 115 | 154 |
Audi | A1 S-TRONIC | 1390 | 136 | 182 |
Volkswagen | TIUGAN | 1390 | 110 | 148 |
Volkswagen | GOLF | 1390 | 118 | 158 |
Volkswagen | TOURAN SPORT | 1,390 | 125 | 168 |
Mini | COOPER S | 1598 | 135 | 182 |
Mercedes-Benz | C180 | 1596 | 115 | 154 |
BMW | 118i | 1598 | 125 | 168 |
Peugeot | 5008 | 1598 | 115 | 154 |
Peugeot | 508 | 1598 | 115 | 154 |
Citroen | DS4 | 1598 | 118 | 158 |
Opel | ASTRA 1.6 | 1598 | 132 | 177 |
Citroen | C5 | 1598 | 115 | 154 |
BMW | 116i | 1598 | 100 | 134 |
Volkswagen | SCIROCCO | 1,390 | 118 | 158 |
Alfa Romeo | GIULIETTA | 1368 | 125 | 168 |
Mercedes-Benz | B200 | 1595 | 115 | 154 |
Opel | ZAFIRA TOURER | 1362 | 103 | 138 |
Volkswagen | JETTA | 1390 | 118 | 158 |
Peugeot | 308 TURBO | 1598 | 118 | 158 |
Volkswagen | POLO | 1390 | 103 | 138 |
Peugeot | 3008 | 1598 | 115 | 154 |
Volkswagen | TOURAN | 1390 | 103 | 138 |
Skoda | FABIA RS | 1390 | 132 | 177 |
Opel | ASTRA 1.4 | 1,363 | 103 | 138 |
Citroen | DS3 1.6 | 1598 | 115 | 154 |
Citroen | GRAND C4 PICASSO | 1598 | 115 | 154 |
Alfa Romeo | MITO | 1368 | 99 | 133 |
Fiat | BRAVO | 1368 | 103 | 138 |
Hyundai | VELOSTER FS | 1591 | 137 | 184 |
Hyundai | VELOSTER | 1591 | 103 | 138 |
Suzuki | SWIFT SPORT 1.6 | 1586 | 100 | 134 |
Proton | EXORA | 1561 | 103 | 138 |
Seat | IBIZA | 1390 | 121 | 162 |
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