Public car park fees to rise by 20% from Dec 1

TODAY, 30 June 2016, Public car park fees to rise by 20% from Dec 1

Parking charges for car parks to go up between 10 to 20 cents per half-hour; Season parking charges to go up between S$15 to S$30.

{Extract}

The hikes, the first in 14 years, were announced by the Housing and Development Board and Urban Redevelopment Authority (URA) on Thursday (June 30), which cited higher costs — of building, operating and managing car parks — because of inflation and the need to “ensure proper cost recovery”.

Previously, the URA had said the price changes were to “reduce the gap between the fees charged by private and public carparks”.

parking rates

 

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