Differential pricing to better manage parking demand

Differential parking charges were first implemented in two HDB carparks in 2009 - The Pinnacle@Duxton and Tekka Market ("Why peak hour charge at popular carparks?" by Mr Andrew Soh Wei Mun; Forum Online, Dec 8).

This was to manage the high demand for short-term parking spaces during peak hours and encourage higher turnover of vehicles.

From Dec 1, the HDB extended differential pricing to carparks where there is high demand for short-term parking during peak hours. The peak-hour timings differ across carparks because of different demand patterns.

Season-parking holders are not affected by the peak-hour charges.

Motorists entering these carparks will see a clear sign on the Electronic Parking System (EPS) gantry barrier indicating that peak-hour parking charges apply.

They can refer to the carpark signboard and HDB's InfoWEB for the peak-hour parking rates.

Eng Soh Seng

Director (Car Parks Department)

Housing & Development Board

A version of this article appeared in the print edition of The Straits Times on December 14, 2016, with the headline 'Differential pricing to better manage parking demand'. Print Edition | Subscribe