, Singapore

Park & Ride scheme to cease on low take-up rates

It's effective starting December 1.

Singapore's Land Transport Authority (LTA) will no longer operate the Park & Ride Scheme with effect from 1 December 2016.

The Park & Ride scheme was first introduced in 1975 to reduce congestion in the Central Business District (CBD), by encouraging motorists to switch to bus services before entering the CBD.

In 1993, the scheme was expanded to include MRT services. Under the scheme, regular users purchase a Park & Ride set which includes an EZ-Link Card to be used for public transport rides in the month of purchase and a season parking ticket at discounted rates to park at selected car parks for that month.

Over the past few years, monthly take-up rates for the Park & Ride scheme have been consistently low, averaging around 40% (or fewer than 2,000 regular users out of more than 2 million public transport commuters daily).

Of these users, only about half of them take public transport after parking their cars; in some carparks, this figure is lower than one in five. This suggests the possibility of some motorists using the Park & Ride scheme as a cheaper form of parking, which defeats the purpose of the scheme.

Read more from here

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!