Ms He Ting Ru asked the Minister for Transport for each month over the last three years, how many COEs registered during the month were later sold and registered to a new owner within the first, second or third year from its registration, broken down by the year within which it was sold and the COE category.
Mr Chee Hong Tat (for the Minister for Transport): Out of approximately 67,000 vehicles registered in 2020, about 12,000, 4,000 and 4,000 vehicles were transferred within the first, second and third year of being registered respectively. In the first year of registration, the majority of transfers are for Category D motorcycles.
Ministry of Transport
4 October 2023
https://sprs.parl.gov.sg/search/#/sprs3topic?reportid=written-answer-14778
Office of the Leader of the Opposition 