SINGAPORE – From Oct 12, motorists will be able to purchase new parking coupons at all HDB Branches/Service Centres, The URA Centre and authorised coupon agents such as all petrol stations, Cheers and 7-Eleven outlets.
Old parking coupons can be exchanged for new ones by topping up the difference in value at 155 locations islandwide.
Coupon exchange at 131 participating petrol stations will be available from Dec 1 to Jan 31, 2017, while coupon exchange can be done earlier from Oct 12 at 23 HDB Branches/Service Centres and The URA Centre.
In June 2016, the Housing & Development Board (HDB) and Urban Redevelopment Authority (URA) announced that they were raising carpark charges for short-term and season parking schemes from Dec 1.
They cited increasing costs of building, operating and managing carparks, as well as construction, manpower and other related maintenance costs as reasons for the fee hike.
Without the latest rate increase, HDB stood to lose $100 million a year, despite the two agencies earning a total of $667 million from their carparks in their latest financials for 2014/2015.
maryanns@sph.com.sg
