More expensive to park your car when December comes


More expensive to park your car when December comes

From 1 Dec, both short term parking and season parking will get more expensive. You can read from HDB website.

These are some of the things that might impact you.

Short Term Parking

$0.50 to $0.60 per half hour

$1.00 to $1.20 per half hour

Season Parking

Increase $15 to $20 depending on sheltered or open space parking.

Even Night parking will be sneakily going up to $5 after being adjusted a few years ago.

What I interpret from this change :

1) Further discourage car ownership

Generally more expensive to park your vehicle. Up to 20% more.

2) Discourage non-resident from parking

Basically the price increase is greater if you are a non-resident HDB-dwelling car owner.

You are a non-resident if you are NOT :

a) Singapore Citizen (SC) or Singapore Permanent Resident (SPR) who resides in Singapore except for temporary absences; or

b) Foreigner who has stayed / worked in Singapore (excludes director of a company) for 183 days or more in the previous year. i.e. the year before the YA.

3) Riding motorcycle is cool

Motorcycle parking prices remains the same this time round. Good news for bikers.



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