The total Certificate of Entitlement (COE) quota for November 2016 to January 2017 will be 24,234, a 6.23 per cent decrease from the quota of 25,843 for August to October.
There will be a decrease of COEs across all vehicle categories, except for Category C and D vehicles, according to the Land Transport Authority (LTA) in a press release on Wednesday (Oct 12).
In Category A, which is for cars up to 1,600cc and maximum power output not exceeding 97kW, there will be a monthly quota of 3,688, down from the previous quarter's 4,016.
Category B, which is for cars above 1,600cc or maximum power output above 97kW, will see a monthly quota of 2,486 COEs, compared to 2,672 in the previous quarter.
As for Category C, which is for Goods vehicles and buses, the number of monthly COEs is at 361, up from the previous quarter's 350.
In Category D, which is for motorcycles, the monthly COE quota is 741, up from the previous quarter's 718.
Category E - also known as the Open Category - will see a monthly quota of 799 COEs, compared to 857 in the previous quarter.
The release stated that the COE quota consists of three components: The provision for the 0.25 per cent per annum vehicle growth was based on the vehicle population as at Dec 31 last year; the replacement COEs from vehicles deregistered over the preceding three-month period of July to September 2016; and adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme and expired COEs.
The next quota announcement for the bidding period of February 2017 to April 2017 will be made in January 2017, LTA said.