New coupons reflecting higher parking rates go on sale
The new coupons. Photo: HDB
SINGAPORE — New parking coupons for public car parks will go on sale from Wednesday (Oct 12), as motorists brace themselves for higher charges come December.
The Housing Development Board (HDB) and Urban Redevelopment Authority (URA) announced in June that they would be introducing new rates for public car parks from Dec 1 — raising half-hourly rates for white lots to 60 cents (from 50 cents), and S$1.20 (from S$1) for yellow lots in restricted zones.
The two agencies said on Tuesday that the new coupons, which will reflect the value of the new rates, will be available at all HDB branches/service centres, The URA Centre at Maxwell Road, and authorised coupon agents such as all petrol stations, and Cheers and 7-Eleven outlets.
From Dec 1 to Jan 31, motorists can also exchange their old parking coupons for new ones by topping up the difference in value at various locations islandwide.
Motorists who wish to exchange their coupons earlier can do so at any of the HDB branches/service centres and The URA Centre from Wednesday. There is no deadline for the exchange at these locations.
The new charges signify the first such price revision in 14 years. The URA and HDB had said earlier that the changes were needed due to higher costs — of building, operating and managing car parks — arising from inflation, as well as the need to “ensure proper cost recovery”.
Apart from the rise in half-hourly rates, season parking rates for HDB car parks will also be raised by between 17.9 and 40 per cent, depending on the type and location of the car park, and whether the motorist’s family owns more than one car.
For multi-storey car parks, for instance, residents will have to pay S$110 a month for a lot, up from S$90.
Motorcyclists are not affected by the fee hikes because changes were last made in July 2014 and January last year.
