Profits drive SMRT to excel
-
Originally posted by maurizio13:
Why are you giving me details of MTR's feeder bus services tat links from MTR stations to nearby Gardens (Estates they call it)?
The main operators of public bus svs are KMB and CityBus
-
Come on guys! Get yrself into bicycle and don't subject yrself into other's people control. U exercise and at the same time save money and can control yr time.
Show yr unhappiness of sg public transport by cycling!
I can do it why not u?
-
Originally posted by maurizio13:
Distance the same?
Anyway I only dispute your claim about the price of USD 0.72 per trip.
Don't sidetrack.
US$1.27 is S$1.80, which is the most expensive fare the MRT can get you. If you want the cheapest options, it'll be US$0.30 for K.L. and US$0.48 for Singapore. -
Originally posted by eagle:
no... not happy with the price at the moment...
was happy with my SPH price... :D
Wait wait, no hurry. -
Originally posted by ^tamago^:
You can also get US$0.72 in K.L.
MRT ride in KL minimum rate is S$ fifty cents. YOu don't get to travel with this low rate in sg.
-
Originally posted by sbst275:
Why are you giving me details of MTR's feeder bus services tat links from MTR stations to nearby Gardens (Estates they call it)?
The main operators of public bus svs are KMB and CityBus
That's to let you know not all rides start with HKD 23.50, there are afew rides out of the thousand possible combination of rides that cost above HKD 20. But basing your averages on afew extremal events skews your analysis to extremes.I know who the public bus service operators are, I was too lazy to source for the information, rather just link you something convenient to show you not all bus rides end up HKD 23.50.
There are actually 5 bus companies in Hong Kong.
-
Look at the average cost per car kilometers for both MTR (Hong Kong) and SMRT.
SMRT average cost per car kilometers travelled has increased 6.40% since 2004, whereas MTR (HK) has decreased it by 4.0% since 2003.
SMRT being a government held monopoly failed to provide an efficient cost control measure. Afterall it behaves like a monopoly, if profits drop just increase the commuter fares to increase earnings again.
Were there any price increases in MTR (HK) fare structure (within 1 year) since fuel cost has increased?
**The cost of operating SMRT includes other minor cost, which might affect the total cost, but it is impossible to find cost solely related to rail service only. It is assumed that if the cost were applied cosistently throughout, it will reveal the cost per car kilometer travelled thoughout the years.
-
Also consider the return on equity (ROE) for both these mass transit companies.
Hong Kong 2007 has a ROE of 18.1%, while SMRT 2008 has a ROE of 22.8%, a difference of 4.7%.
Time to think again!
Are we being overcharged for our necessities by government controlled monopolies?
-
Originally posted by ^tamago^:
US$1.27 is S$1.80, which is the most expensive fare the MRT can get you. If you want the cheapest options, it'll be US$0.30 for K.L. and US$0.48 for Singapore.
There might be an error in the original author's comparison.2 Stops
MRT (SG): SGD 0.90
MTR (HK): SGD 0.728 (HKD 4)
4 stops
MRT (SG): SGD 1.10
MTR (HK): SGD 0.91 (HKD 5)
5 stops
MRT (SG): SGD 1.30
MTR (HK): SGD 0.91 (HKD 5)
9 stops
MRT (SG): SGD 1.30
MTR (HK): SGD 1.365 (HKD 7.5)
These are published rates without the discounts, it would be unfair to factor in the discounts because MTR has it's own system of discounts. For short distances MTR (HK) is cheaper, whereas MRT (SG) is cheaper for longer distances (provided no LRT is used).
-
ohh yesh I forgot
In Hong Kong if you take KMB or NWFB (Incl CityBus) buses, you pay for e full fare regardless of boarding and alighting point
One example is Western Harbour Crossing Express 968 tat runs from Yuen Long in NT to Causeway Bay in HK Island. Full fare is HK$21.40...
Even if you board it at West Kowloon to crossover to Hong Kong Island, e fare is HK$21.40 as well, same as boarding it from Yuen Long
same as if you board from Yuen Long heading to West Kowloon, you still gotta pay HK$21.40 even if you are not alighting at Hong Kong Island
-
Originally posted by maurizio13:
That's to let you know not all rides start with HKD 23.50, there are afew rides out of the thousand possible combination of rides that cost above HKD 20. But basing your averages on afew extremal events skews your analysis to extremes.I know who the public bus service operators are, I was too lazy to source for the information, rather just link you something convenient to show you not all bus rides end up HKD 23.50.
There are actually 5 bus companies in Hong Kong.
do you know e majority of ppl are now living in NT which ends up paying all these HK$20+ fares? even from NT to Kowloon easily cost HK$10That's where e New Towns are!
-
Damn, drive also expensive, take MRT also get conned, aiya, me walk and take bicycle better lah.
-
Originally posted by angel7030:
Damn, drive also expensive, take MRT also get conned, aiya, me walk and take bicycle better lah.
u take bicycle sakali kena molested by bangla, how?
-
Originally posted by 4sg:
u take bicycle sakali kena molested by bangla, how?
and then walking kena molest by Singa Uncle, how?? wha lau, like this cannot, like that cannot...actually it is not a matter of cannot afford to drive or take MRT, it a matter not satisfy with paying so high cost, feel like getting cheated, pump $100 hv to pay another $7 to goverment, parking also pay, on the road ERP also pay, then road tax, then insurance with Gst, damn, how many time they want to tax us?? scratch my head....ah! migrate...but i miss my foods here. -
Originally posted by sbst275:
ohh yesh I forgot
In Hong Kong if you take KMB or NWFB (Incl CityBus) buses, you pay for e full fare regardless of boarding and alighting point
One example is Western Harbour Crossing Express 968 tat runs from Yuen Long in NT to Causeway Bay in HK Island. Full fare is HK$21.40...
Even if you board it at West Kowloon to crossover to Hong Kong Island, e fare is HK$21.40 as well, same as boarding it from Yuen Long
same as if you board from Yuen Long heading to West Kowloon, you still gotta pay HK$21.40 even if you are not alighting at Hong Kong Island
all those u talking about is cross harbour one lah... of coz ex lah... got toll fees for the tunnel what..... do u know when u transfer from mtr to feeder service in hk.. some are even FREE ar....and... NT is no longer new town la.. u watch too much hk drama already lah....trust mi lah.. those on hk island look more old town to mi now..