Blueray Hypersonic October 12, 2022 Share October 12, 2022 Bus, train fares to increase by up to 5 cents due to rising energy costs: Public Transport Council From Dec 26, adult card fares will increase by 4 cents for journeys of up to 8.2km. For journeys longer than 8.2km, fares will increase by 5 cents. SINGAPORE: Bus and train fares in Singapore will increase by up to 5 cents from Dec 26 due to rising energy prices, the Public Transport Council (PTC) announced on Wednesday (Oct 12) after its annual fare review exercise. Adult card fares will increase by 4 cents for journeys of up to 8.2km and 5 cents for journeys longer than 8.2km. This means that an MRT journey from Boon Lay to Clementi, where the distance is 8.2km, will be S$1.45 for adult commuters, up from S$1.41 currently. Taking the MRT from HarbourFront to Paya Lebar, where the distance is 11.5km, will cost S$1.64, up from S$1.59. Based on travel data, about 54 per cent of adult journeys are less than 8.2km, said the PTC. The increase in concession card fares will be capped at 1 cent per journey to keep fares lower for students, senior citizens, lower-wage workers and people with disabilities, said the PTC. Prices of monthly concession passes and adult monthly travel passes will remain unchanged. Bus cash fares will also stay the same, for the third year in a row since 2019. To help lower and lower-middle income households – those with a monthly household income per person of up to S$1,600 – the Government will give out 600,000 public transport vouchers worth S$30 each, which can be used to top up fare cards or buy monthly concession passes. RISING ENERGY, LABOUR COSTS The fare hike is necessary to meet rising energy prices, which rose by 117 per cent last year, the PTC said. Coupled with increased manpower costs and inflation, this led to a maximum allowable fare adjustment quantum of 13.5 per cent according to PTC’s fare adjustment formula. This is the highest quantum generated by the fare formula since it was implemented in 2005. However, the PTC said it decided to grant public transport operators a fare increase of just 2.9 per cent due to concerns over the rising cost of living. The remaining 10.6 per cent will be carried over to future fare review exercises. About 1.8 per cent of household income goes to public transport for an average user, according to the public transport affordability indicator, which is based on data from the Department of Statistics. With this year's fare hike, and taking into account average wage increases, the PTC said the monthly public transport expenditure for these households is expected to remain at a similar level. At a press conference on Wednesday, PTC chairperson Janet Ang said the council looks at both the economic situation as well as the percentage increase generated by the fare formula. “We will digest it together as a community,” she added. Transport Minister S Iswaran said in a Facebook post after the announcement that "fare adjustments are never easy". "To keep our public transport system financially sustainable, fares need to be updated to cover the increased costs," he wrote. The Government will cushion the impact with public transport vouchers, concession schemes and subsidies, and ensure that fares remain affordable especially for the vulnerable, he added. As of last month, public transport ridership has recovered to about 80 per cent of pre-pandemic levels, said the PTC. Last year, bus and train fares in Singapore increased by up to 4 cents, after the council decided to grant the maximum allowable fare adjustment quantum of 2.2 per cent to help operators mitigate the costs of running public transport services. This came amid rising operating costs and a drop in ridership due to the COVID-19 pandemic. It marked the first fare increase since 2019, when fares were increased by 7 per cent, or 9 cents per journey, for adult commuters using travel cards. During its 2020 fare review exercise, the PTC decided against raising public transport fares due to the COVID-19 crisis and its impact on the economy. CALCULATING FARE ADJUSTMENTS In August, the PTC announced that it was in the midst of reviewing the way bus and train fare adjustments are calculated. The review of the formula and mechanism for adjusting public transport fares is slated to be completed by the first half of next year. Any change will be applied from the 2023 fare review exercise. Typically conducted every five years, it aims to examine the effectiveness of the current fare adjustment formula and mechanism, taking into account changes in the public transport industry and commuting patterns. PTC also said then that it would propose means to better maintain the balance to keep public transport fares affordable while ensuring the financial sustainability of the public transport system. https://www.channelnewsasia.com/singapore/public-transport-fares-bus-train-increase-adult-5-cents-energy-costs-3003941 Merry Christmas ! ↡ Advertisement 4 Link to post Share on other sites More sharing options...
Inlinefour Twincharged October 12, 2022 Share October 12, 2022 happy Boxing Day...huat ah 1 3 Link to post Share on other sites More sharing options...
ER-3682 Twincharged October 12, 2022 Share October 12, 2022 If Bus & MRT losing making Money,rise Fares are needed. 1 Link to post Share on other sites More sharing options...
Jellandross Supersonic October 12, 2022 Share October 12, 2022 Public transport provide services to me at a loss. HDB sell me flat at a loss. Raise ERP is to save me time. Raise GST is to take care of my future. I'm so thankful for all these welfare! 2 13 Link to post Share on other sites More sharing options...
Benarsenal Turbocharged October 12, 2022 Share October 12, 2022 Hais 😞 Link to post Share on other sites More sharing options...
inlinesix Hypersonic October 12, 2022 Share October 12, 2022 Fare formula consists of: 1. CPI 2. Wage Index 3. Energy Cost 4. Network Capacity Index. Which 1 has not went up in 2021? 2 Link to post Share on other sites More sharing options...
Inlinefour Twincharged October 12, 2022 Share October 12, 2022 1 hour ago, Jellandross said: Public transport provide services to me at a loss. HDB sell me flat at a loss. Raise ERP is to save me time. Raise GST is to take care of my future. I'm so thankful for all these welfare! importing of FT to create jobs 🤣🤣🤣 3 Link to post Share on other sites More sharing options...
Ct3833 Supersonic October 12, 2022 Share October 12, 2022 93 cents card got increase or not? Link to post Share on other sites More sharing options...
inlinesix Hypersonic October 12, 2022 Share October 12, 2022 5 Link to post Share on other sites More sharing options...
Mustank Hypersonic October 12, 2022 Share October 12, 2022 Everything also increase, bus mrt should increase lah Link to post Share on other sites More sharing options...
Victor68 Turbocharged October 13, 2022 Share October 13, 2022 12 hours ago, yishunite said: GST havent add in yet btw Of course, how to increase in the short term if they have included? It is up, up and away. Link to post Share on other sites More sharing options...
Kopites Supersonic October 13, 2022 Share October 13, 2022 How many of those in the PTC making the decision take public transports?😁 By the way what is an "adult card" according to the table above? Link to post Share on other sites More sharing options...
Kopites Supersonic October 13, 2022 Share October 13, 2022 (edited) https://www.straitstimes.com/singapore/consumer/airfares-up-to-78-per-cent-higher-this-school-holidays-than-before-pandemic MCF should be discussing this increase instead of bus fares. 😁 Edited October 13, 2022 by Kopites 1 3 Link to post Share on other sites More sharing options...
inlinesix Hypersonic October 13, 2022 Share October 13, 2022 1 hour ago, yishunite said: Salary. Oops irrelevant factor sry Wage index UP Link to post Share on other sites More sharing options...
inlinesix Hypersonic October 13, 2022 Share October 13, 2022 24 minutes ago, Kopites said: How many of those in the PTC making the decision take public transports?😁 By the way what is an "adult card" according to the table above? All fare adjustments is formula driven. PTC will decide whether to increase all the way or deferred part of the increase. There was an increase of 4.4% in 2021 of which 2.2% in 2021 and 2.2% in 2022. Adult card = Adult fare 1 Link to post Share on other sites More sharing options...
inlinesix Hypersonic October 13, 2022 Share October 13, 2022 If monthly fare > $128, apply https://www.transitlink.com.sg/adult-monthly-travel-card/ Link to post Share on other sites More sharing options...
Kopites Supersonic October 13, 2022 Share October 13, 2022 10 minutes ago, inlinesix said: All fare adjustments is formula driven. PTC will decide whether to increase all the way or deferred part of the increase. There was an increase of 4.4% in 2021 of which 2.2% in 2021 and 2.2% in 2022. Adult card = Adult fare My wife linked my credit card for buses and mrt fares. She said easier less cumbersome with one less card. 🤔 That should be the adult card I reckon. 1 Link to post Share on other sites More sharing options...
inlinesix Hypersonic October 13, 2022 Share October 13, 2022 7 minutes ago, Kopites said: My wife linked my credit card for buses and mrt fares. She said easier less cumbersome with one less card. 🤔 That should be the adult card I reckon. Nowadays, public transport can be paid by EZLink, Nets Flashpay and simplygo (this is the one your wife did). ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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