The new rates for public carparks and season parking have been released by HDB and URA – it’s bad news for motorists.
Starting from December this year, public carpark rates will increase 10c from 50c to 60c per half hour. For carparks that are inside the restricted zone and designated areas, rates are raised 20c from $1.00 to $1.20 per half hour.
Season parking rates are going up as well. Surface carpark rate will increase $15 from $65 to $80 per month, and by $20 for sheltered carpark rate from $90 to $110 per month. Season parking for second and subsequent cars increase $25 and $30 for surface and sheltered carpark respectively. You can see the current vs new rates table below or the official annex release here.
New coupons will go on sale from 1 December 2016. Motorists can also exchange their unused old coupons for new ones from early October onwards and by topping up the difference in value.