Jump to content

Income opportunity for HDB carpark

Income opportunity for HDB carpark

SYF77

1,755 views

monthly_12_2011/blogentry-60386-1324383134.jpg

blogentry-60386-1324383055_thumb.jpg

Recently, I read from The Straits Times website that a Housing Board carpark at Bukit Merah estate is partly rented to a car dealer because it was underused. According to the report, the arrangement is the first of its kind and is extremely rare. HDB agreed to do so as the take-up rate for season parking is low there.

 

blogentry-60386-1324383105_thumb.jpg

 

It is indeed a clever move by HDB to generate income from a under-utilized carpark. Come to think of it, there are also other HDB carparks in Singapore which are underused. An example is the muti-storey carpark above, which is situated along Bedok Reservoir Road. The top level is often left empty, even late in the night.

 

Other than renting to car dealers, the top floor of the carpark can be utilized in other ways. For example, the Residents




2 Comments


Recommended Comments

i really doubt that the car dealer would park his cars on the very top floor, nor would the residents of the area want to park on the top floor too.

Link to comment

hate the climbing up in the early mornings.... i appreciate the lifts in newer car parks... that probably would give a boost on utilization

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • The JDMs of Japan Mobility Show 2025

    Tokyo Big Sight was buzzing with energy as the 2025 Japan Mobility Show opened its doors, and this year’s edition was more than just a concept car playground - it was a declaration of intent from Japan’s top 15 passenger car brands. With Chinese carmaker BYD gaining ground globally with its Kei car concept, Japan’s automotive giants responded with a unified front, unveiling production-ready models and near-production prototypes that blend heritage, innovation, and electrification. Daih

    Typicalcarguy

    Typicalcarguy

    Listening to music while working: Does it actually help?

    It’s likely a common sight in every office you set foot in: Workers with their heads buried in their desktops/laptops, earbuds dutifully plugged in (or headphones chucked on). Having a tune to go into battle alongside you against anything that happens at work seems to be as essential as having a caffeinated drink perched on the table, it seems. Thus also arises the question, however: Does a symphony of melodies really serve as the secret ingredient to unlocking peak productivity? The debate

    donutdontu

    donutdontu

    BMW: A boosted drive

    Even the most exciting journey can be boosted by BMW's tech. And we're not just talking about that engaging drive! Singapore is a lovely city to drive in: The views are great, and the road network is a product of careful and extensive planning. But what if you're still looking to give those weekend drives a little extra boost? That's exactly what BMW is now offering its drivers with its Connected Package Professional Packages. Join us in this second of a series of three articles as we

    clarencegi75

    clarencegi75

    BMW: Intelligent and ready

    The BMW Digital Premium features ensure that information and so much more is always at your fingertips. Our cars are called to serve a wide variety of tasks. Whether you're using your BMW as a space for rest and solace, to chase new adventures, or doubling it up as a second space for work and entertainment, BMW's Digital Premium features are ready to assist, ensuring that you're treated to the best, even before you leave your car. Many options for play while you wait Pi

    clarencegi75

    clarencegi75

×
×
  • Create New...