Parking rate raised from $0.50 to $0.60 per half-hour from Dec. 1, 2016

Authorities say revisions are needed to ensure proper cost recovery.

Belmont Lay | June 30, 2016, 11:45 AM

With effect from Dec. 1, 2016, public car park charges for short-term and season parking schemes will be raised, said the Housing & Development Board (HDB) and Urban Redevelopment Authority (URA).

However, the good news is that parking charges for motorcycles will remain the same.

The last island-wide revision of car parking charges by HDB and URA was done 14 years ago in 2002 -- cold comfort for drivers.

Since then, car park charges have not kept pace with these cost increases. Therefore, revisions are needed to ensure proper cost recovery.

Here are the revised parking charges:

Short-term parking

Outside of the Restricted Zone/ Designated Area (RZ/DA), the parking charge will be raised by $0.10, from $0.50 to $0.60 per half-hour.

Within the RZ/DA, the parking charge will be raised by $0.20, from $1.00 to $1.20 per half-hour.

Differential charging on a per-minute basis will continue to apply for selected EPS car parks in locations with high demand.

 

Season parking: Priority for residents’ first car

Season parking rates in HDB car parks will be raised, but HDB will differentiate the charges.

Residents who buy season parking for their first car will pay a lower rate than those who require more than one parking lot or non-residents who use HDB carparks

For non-residents and residents’ second and subsequent parking lot, the full rate for season parking will be $90 per month for surface car parks (a $25 increase), and $120 per month for sheltered car parks (a $30 increase).

For residents’ first parking lot, the parking charge will see a smaller increase of $15 for surface car parks (from $65 to $80 per month), and $20 for sheltered car parks (from $90 to $110 per month).

 

Family Season Parking Ticket

Family Season Parking Ticket holders currently enjoy a concessionary rate of half of the season parking rate. They will continue to do so and will pay half of the residents’ first car season parking rate, i.e. $40 per month for surface car parks and $55 per month for sheltered car parks.

Details of the revised parking charges are provided in the Annex.

HDB and URA will issue letters to notify all season parking holders of their revised rates, as well as the priority status of the cars in their respective households, by September 2016.

Parking charges for motorcycles to remain

There will be no revision to the parking charges for motorcycles as they were revised when per-minute charging and Concessionary Season Parking Ticket for motorcycles were introduced in July 2014 and January 2015 respectively.

 

Sale of new parking coupons

Starting from Dec. 1, 2016, motorists using public car parks will have to use new coupons with the revised rates.

The new coupons will be available for sale at HDB Branches/Service Centres, the URA Centre and coupon agents (e.g. all petrol stations, 7-11 outlets etc) from early October 2016.

 

Exchange of unused parking coupons

Motorists can exchange their unused old parking coupons for new ones from early October 2016 onwards, by topping up the difference in value.

 

Related article:

Ongoing obituary: Free parking on Sundays & after 5pm dying a slow & steady death

 

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