Difference between Parking Fees for Surface and Multi-storey Car Parks

Parliament of Singapore · 24 March 2016

Official Report, 24 March 2016, Vol 94, Issue 10 · Open in the reader (summaries, search, filters)

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Assoc Prof Fatimah Lateef asked the Minister for National Development whether there can be a review of the monthly parking fees at HDB estates in particular the fee difference between surface and multi-storey carpark lots.

Mr Lawrence Wong: Parking charges are levied to recover part of the cost of providing and maintaining HDB car parks. As it costs more to provide and maintain multi-storey car parks (MSCPs) compared to surface car parks, the monthly season parking rate is generally higher for MSCPs.

Some precincts are served by both surface car parks and MSCPs. As the surface lots are generally nearer to the flats, they are understandably more popular. In some instances, this imbalance in demand has resulted in congestion in some surface car parks while the MSCPs are under-utilised. In these car-parks, one of HDB’s measures to regulate and even out the parking demand is to equalise the monthly parking charges between the surface and MSCPs. However, HDB has no plans to implement island-wide equalisation of season parking charges as there is no widespread imbalance in parking demand today.

Source: Singapore Parliament Official Report (Hansard) for 24 March 2016. Republished on SGParliament.