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And how is the hike gonna helps in better manage high demand?? 
Revised night charges for URA and HDB carparks
NIGHT parking charges at HDB and URA carparks will increase from S$2 to S$4 starting November 1 to better manage the higher demand.
The changes will apply to carparks with the Night Parking Scheme (NPS), which provides overnight parking facilities for non-resident motorists and visitors.
"Currently, most NPS carparks are heavily utilised due to higher parking demand," said URA and HDB in a statement.
"This has resulted in residents with Season Parking Ticket (SPT) facing difficulties in getting a parking space when they return home at night."
The new charges will help "safeguard the interests of SPT holders," they said.
The current night parking half-hourly charge for areas without the NPS will remain at S$0.50.
The new S$4 night parking coupons will be available for sale from October 15. Motorists holding the S$2 night parking coupons can continue to use them by displaying two S$2 coupons.

Revised night charges for URA and HDB carparks
NIGHT parking charges at HDB and URA carparks will increase from S$2 to S$4 starting November 1 to better manage the higher demand.
The changes will apply to carparks with the Night Parking Scheme (NPS), which provides overnight parking facilities for non-resident motorists and visitors.
"Currently, most NPS carparks are heavily utilised due to higher parking demand," said URA and HDB in a statement.
"This has resulted in residents with Season Parking Ticket (SPT) facing difficulties in getting a parking space when they return home at night."
The new charges will help "safeguard the interests of SPT holders," they said.
The current night parking half-hourly charge for areas without the NPS will remain at S$0.50.
The new S$4 night parking coupons will be available for sale from October 15. Motorists holding the S$2 night parking coupons can continue to use them by displaying two S$2 coupons.