Difference between Parking Fees for Surface and Multi-storey Car Parks
Ministry of National DevelopmentSpeakers
Transcript
24 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 Housing and Development Board (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 underutilised. 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 car parks and MSCPs. However, HDB has no plans to implement islandwide equalisation of season parking charges as there is no widespread imbalance in parking demand today.