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Aug 27, 2010
Parking woes in Singapore
<!-- by line --> By June Cheong and Olivia Siong
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YOU may be able to afford to buy a car, but be prepared to shell out more cash for parking.
Night parking charges will double from $2 to $4 at more than 1,300 carparks islandwide from November 2010. The new $4 charge is part of moves to tackle a space crunch in parking spots around Singapore. That's not all. A survey last month found that it costs $30 a day on average to park in prime areas such as Shenton Way and Orchard Road.
In fact, Marina Bay Sands has the distinction of having one of the most expensive parking rates in town. If you park at the integrated resort, it'll cost you $8 for the first hour, followed by $2 every half-hour after that until you hit a maximum of $28. It's not the only car park in town that's burning a hole in motorists' pockets. Hilton Hotel charges $7 per hour, while other car parks in the Central Business District area such as the multi-storey car park at Market Street charge at least $4 an hour on average.
