Here's everything you need to know about COE Renewal in Singapore. Renew for 5 or 10 years? Taking the best COE renewal loan, when to renew your COE and more.
The news means that PARF rebates will fall to just 5% for new cars de-registered at the end of their first COE cycles. They will also be capped at $30,000.
Registered owners of un-used and valid PARF and COE rebate slips will be able to exchange their rebates for cash with effect from 1 September 2008.
Government will undertake a review of the Preferential Additional Registration Fee (PARF) and Certificate of Entitlement (COE) rebates.