Report
Most respondents to Singapore's COE consultation back merging car categories and a five-band option
The proposed five-band structure adds S$7,500 rebate and surcharge bands to reduce sharp jumps between car-value brackets.
TLDR
Transport Minister Jeffrey Siow reported that most consultation respondents supported merging Singapore's two car COE categories and preferred five bands over three. Under the proposal, adjustments would depend on a car's pre-tax value, with rebates and surcharges of up to S$15,000. The Land Transport Authority has not decided on the changes; its review is expected to finish in the first half of 2027.
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