Serious Parking fees Increased Actually because Numbers of Cars Reduced

I want to point out that the carparks revenues reduced recently, as economy worsen, the Singaporeans are GIVING UP CARS, in many carparks you can observe less cars and more empty parking lots. So they increase the parking fees to get the same revenues. They had also over spent in automation and upgrading carparks need to make us PAY for what they Squandered.

In many Multi-story, when you dive in at late night past mid night you are finding less cars now, Lesser now than 1 year ago. I used to have to drive up to LEVEL 5A or 5B at night in order to get a space to park, now at LEVEL 4A or 4B lots are all empty already.


http://www.channelnewsasia.com/news/singapore/new-parking-coupons-on-sale-from-oct-12/3196348.html

New parking coupons on sale from Oct 12

Posted 11 Oct 2016 10:28 Updated 11 Oct 2016 11:01

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SINGAPORE: Motorists will be able to purchase new parking coupons with higher charges from Oct 12, the Housing Development Board (HDB) and the Urban Redevelopment Authority (URA) said on Tuesday (Oct 11) in a joint press release.

The new coupons will be available at all HDB Branches/Service Centres, the URA Centre and authorised coupon agents such as all petrol stations, Cheers and 7-Eleven outlets, the release added.



Source: HDB and URA

EXCHANGE OF UNUSED OLD PARKING COUPONS

"Motorists can also exchange their old parking coupons for new ones by topping up the difference in value at 155 locations islandwide.

"These include 131 petrol stations, in addition to the 23 HDB Branches/Service Centres and The URA Centre," the statement added.

HDB and URA also said coupon exchanges at the participating petrol stations will be available from Dec 1, 2016 to Jan 31, 2017.

For motorists who wish to exchange their coupons earlier, they can do so at any of the HDB Branches/Service Centres and The URA Centre from Oct 12, 2016. There is no deadline for the exchange at these locations, the statement said.

The new rates were released by the HDB and URA in Jun 30 and will take effect from Dec 1, 2016. The announcement came after the agencies said that a review of public car park charges was being conducted.

- CNA/mn

it makes sense. like home ownership association (hoa) dues, the more condo units in a complex are unoccupied or not owned the more the monthly fees go up for owners. this is because the complex requires a minimum amount of budget to maintain and operate.

cars are for the elites and papigs,,,,,,,,,,, they are true owners of sg
is that wat we hv voted for?

Taksama_b_l said:

I want to point out that the carparks revenues reduced recently, as economy worsen, the Singaporeans are GIVING UP CARS, in many carparks you can observe less cars and more empty parking lots. So they increase the parking fees to get the same revenues. They had also over spent in automation and upgrading carparks need to make us PAY for what they Squandered.

In many Multi-story, when you dive in at late night past mid night you are finding less cars now, Lesser now than 1 year ago. I used to have to drive up to LEVEL 5A or 5B at night in order to get a space to park, now at LEVEL 4A or 4B lots are all empty already.


http://www.channelnewsasia.com/news/singapore/new-parking-coupons-on-sale-from-oct-12/3196348.html

New parking coupons on sale from Oct 12

Posted 11 Oct 2016 10:28 Updated 11 Oct 2016 11:01

Email More

A A

SINGAPORE: Motorists will be able to purchase new parking coupons with higher charges from Oct 12, the Housing Development Board (HDB) and the Urban Redevelopment Authority (URA) said on Tuesday (Oct 11) in a joint press release.

The new coupons will be available at all HDB Branches/Service Centres, the URA Centre and authorised coupon agents such as all petrol stations, Cheers and 7-Eleven outlets, the release added.



Source: HDB and URA

EXCHANGE OF UNUSED OLD PARKING COUPONS

"Motorists can also exchange their old parking coupons for new ones by topping up the difference in value at 155 locations islandwide.

"These include 131 petrol stations, in addition to the 23 HDB Branches/Service Centres and The URA Centre," the statement added.

HDB and URA also said coupon exchanges at the participating petrol stations will be available from Dec 1, 2016 to Jan 31, 2017.

For motorists who wish to exchange their coupons earlier, they can do so at any of the HDB Branches/Service Centres and The URA Centre from Oct 12, 2016. There is no deadline for the exchange at these locations, the statement said.

The new rates were released by the HDB and URA in Jun 30 and will take effect from Dec 1, 2016. The announcement came after the agencies said that a review of public car park charges was being conducted.

- CNA/mn

Click to expand...

COE still at 50k and above, what recession? Where got Han Cheng no good. It's damn bloody good.......

Perhaps your neighbours are moving to better neighbourhoods as singaporeans are getting richer than ever before.

This is too much.

eatshitndie said:

it makes sense.

Click to expand...

I like to offer another view point: car ownership hasn't drop that significantly on the whole, just that these car owners have parked their cars in condos or private apartments instead of HDB carparks. Noted that the percentage of HDB dwellers dropped a bit and the condo/Pte apartment dwellers increased a bit.

Source: Singstats 2016 key stats

mojito said:

Perhaps your neighbours are moving to better neighbourhoods as singaporeans are getting richer than ever before.

Click to expand...

Not too far from the truth.

not true lah.
many lower income drivers decided to park their cars in nearby parks and walk home to avoid paying for season parking.

The car lite concept and ideals were crafted with the super riches, famous and the powerful in mind.
Super car owners prefers have the road all to themselves rather then sharing it with other vehicles.
Afterall, they can afford to own the whole road for themselves if circumstances allowed.

If car lite is really meant for the benefits of the environments and managed pollution
then why are our elite mps, ministers, and their cronies not leading a good example
by taking public transports.

Maybe Assloong could take the lead by making use of the driverless cab for a start.
Oh, please do away with the procession thingy everytime a minister travels on the road
it inconvenience other road users. Why do the minister need so many tps and security
vehicles hogging the road in sinkapok?

zhihau said:

I like to offer another view point: car ownership hasn't drop that significantly on the whole, just that these car owners have parked their cars in condos or private apartments instead of HDB carparks. Noted that the percentage of HDB dwellers dropped a bit and the condo/Pte apartment dwellers increased a bit.

Source: Singstats 2016 key stats

Click to expand...

it's still based on number of cars per parking lot basis whether total number of cars in cuntry increases or decreases. less cars per lot, fees increase to make up the difference.

The Official Confirmation just came out! My observation precisely - CARS REDUCED. Gone! So Parking Fees UP!

http://www.straitstimes.com/singapore/transport/private-car-numbers-fall-to-eight-year-low

Private car numbers fall to eight-year low
According to LTA, there were 956,430 vehicles on the road as at Dec 31 last year - about 0.1 per cent lower than in 2015, and 1.8 per cent lower than the peak in 2013.
According to LTA, there were 956,430 vehicles on the road as at Dec 31 last year - about 0.1 per cent lower than in 2015, and 1.8 per cent lower than the peak in 2013.ST PHOTO: LIM YAOHUI
Published
8 hours ago
Car population down 4% as the total number of vehicles shrinks for third straight year
Christopher Tan
Senior Transport Correspondent

Singapore's vehicle population, led by cars, has shrunk for the third consecutive year.

According to statistics released by the Land Transport Authority this week, there were 956,430 vehicles on the road as of Dec 31 last year. This is about 0.1 per cent lower than in 2015, and 1.8 per cent lower than the peak in 2013.

The private car population fell by 4 per cent to 552,427 - the lowest in eight years. Observers attribute the fall to a clawback of certificates of entitlement (COEs) in the early 2010s to correct an earlier oversupply.

The contraction is also attributed to a near-zero allowable yearly growth rate instituted for the COE system. This growth cap has been lowered systematically in recent years - from 3 per cent to 1.5 per cent in 2009, then to 1 per cent in 2012, 0.5 per cent in 2013 and 0.25 per cent since 2015.

There is usually a lag between the time a car is scrapped and a new COE is recycled back into the system. Previous growth rates were able to mask this lag, but not the near-zero cap in place now.

SIM University economist Walter Theseira said: "Given the policy goal to keep vehicle growth minimal or even static in the future, the expectation clearly is that reliance on public transport, as well as on private-hire vehicles and taxis, must increase to satisfy transport demand with a growing population."

The trend is underscored by a spike in rental car numbers. Last year, their population grew 75 per cent to a record 51,336. The figure has grown by over three times since ride-hailing apps Uber and Grab entered the market in 2013.

REALITY CHECK

For some people, this may be an unfair outcome as they may need the car more than those who have the means to own one. However, with an improving standard of public transport, this pain point might be softened.

NANYANG BUSINESS SCHOOL ADJUNCT ASSOCIATE PROFESSOR ZAFAR MOMIN, on the reality that not everyone's aspirations for owning a car can be fulfilled.

Kah Motor general manager Nicholas Wong said private-hire cars "have displaced private passenger cars as well as taxis".

Statistics show that the taxi population has fallen by 2.6 per cent to a five-year low of 27,534. Mr Wong said the private passenger car population could continue to shrink.

But transport consultant Bruno Wildermuth said that should be the way to go. "For Singapore to become 'car-lite', the number of cars has to decrease, and cars must be used less. Currently, because of the high cost of owning a car, many drivers use the car even when it makes little or no sense."

To counter this, he said, COE expiry should be pegged to mileage clocked by a car instead of years.

Dr Theseira said the ramp-up of bus services and rail infrastructure "will meet reasonable growth in demand" for transport.

"However, the public transport system clearly cannot satisfy demand for private transport as a status symbol," he noted. "The public transport system also does not completely satisfy the transport needs of groups such as young families and the elderly, and professions with irregular travel patterns.

"Private transport will continue to be a key part of our transport system for many years to come."

Motorcycles - another form of private transport - have dwindled in numbers too. Last year, the population fell to 143,052, its lowest in 10 years. This has put a squeeze on motorbike COE supply, which sent prices beyond the reach of many low-income earners who rely on two-wheelers.

Experts said it is not possible for Singapore to meet everyone's private transport aspirations.

Nanyang Business School adjunct associate professor Zafar Momin said: "For some people, this may be an unfair outcome as they may need the car more than those who have the means to own one.

"However, with an improving standard of public transport, this pain point might be softened."

Taksama_b_l said:

Do not argue about COE UP, the system of COE is only a SCAM FRAUD and CHEATING.

COE = PAP SCAM!

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Fully agree COE is FIXED by LTA they screwed Peasants who is buying new car

Wholesale!! Just imagine Economy so bad yet COE is Fixed at $50K !!

This is a damn good money blackmailed by our dear gahmen Pay And Pay!!

Bloody hell car park increased, never mind but it has caused inflation, Kopitiam

bloody kopi O/Tea O up $1.30..food court ??? suppliers to Supermart also

increased their price on their products!!

Because gahmen can increased, so suppliers follow suit!! so its free for all!!

Minister and MP don't feel it cause they are paid by the Million, pity those

retirees and jobless Sinkies who voted for papaya gahmen !! Stupid 69% caused

the inflation!! Really dumb asses!

Great success! More peasants take public transport like they ought to instead of challenging their betters on the highways. Victorian England would not have allowed peasants to ride horses around town willy nilly.

When they started expanding the MRT system I said it was a bad idea because I predicted that Sporeans would end up paying for if there was not enough commuters using the system.

There is now a recession & I wonder how long before there is insufficient ridership?

Ralders said:

This is too much.

Click to expand...

many HDB carparks hv disproportionally increased the charges........ wud it not be fair n just to let public know which carparks????
papig highway robbers

They have monopoly so public has no choice-want change, cast your votes wisely and make them ACCOUNTABLE for their actions.

Taksama_b_l said:

Do not argue about COE UP, the system of COE is only a SCAM FRAUD and CHEATING.

COE = PAP SCAM!

Click to expand...

Numbers of Cars = Down

COE = UP

PAP = CROOKS!

obama.bin.laden said:

Numbers of Cars = Down

COE = UP

PAP = CROOKS!

Click to expand...

watz new?????????????????????????????????????????????????????????????????????????