15 questions
Certificate of Entitlement (COE)
Which vehicles are affected by the revised PARF rebate?
Why was the PARF rebate revised?
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 do we need the COE system?
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?
Why not introduce a Pay-As-You-Bid (PAYB) bidding system to help bring down COE prices?
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