Parking Charges @ $0.5 per half hour - Expensive?

iamgoondu SG

Zaobao reported that a temporary car park (80 lots) will be built at Holland V at a cost of $2.08 million.

THe temporary car park shall have a life span from begining Jan 2006 till Dec 2009 (CCL expected to complete by then).

From above figures ($2.08m, 80 lots, 3years), the car park lot needs to fetch $23.74 a day.

However, the maximum amount a car park lot can fetch is only $20 (based on $0.5 per half hour from 0700h to 0100h, and $2 from 0100h to 0700h).

So whatever authority would definitely incur a loss of $327624.

So never, ever says that parking charges @ $0.5 per half hour is expensive again, it is subsidised too.

Laughing

Lowclassman SG

Do you know? These day, road building contractors are tendering at what price??? Let me tell you, is dirt cheap.ok!!! What do you mean by subsidy? Aren't the road users not paying road taxes? I estimated the land used is approx. 2000 square metres including whatever are needed to incorporate and forming into carparks are spelt below.

The maximun for the construction of temporary carparks. I could say max 1.5 million including drainage, pavement , kerbs, thermoplastis painting, signages and the Authority's administration. The job duration would only be maximum 4 months. Why $2.08 millions???????????

the Bear SG

i'll say whatever..

holland v is prime area...

i got hammered for A$28 for 2 hours parking at metropolitan melbourne... so if it's 50cents for half hour, i'd say go for it Laughing

Lowclassman SG

Don't use Australia to compare. They have naked beach and big big houses. What about we singapore and siongaporens!!!!

Lowclassman SG

What so prime about Holland V??? Most of the businesses are not making $$$$ there. Only bearly can survive or breakeven or ....maginal profits. What so great about Holland V?????

the Bear SG

then what do you want to use to compare?

holland v is where people go to have fun...

and heck.. the price for parking in most places which is not in the CBD is 50 cents per half hour...

don't rant unnecessarily...

it seriously damages what little credibility you have Wink

iamgoondu SG

It was an open tender with 15 bidders.

yoongf SG

I wonder if parking summons can cover the deficit? Laughing

skyline63 SG

So what the PAP want ? They are very smart one. The price will pass to the people who are selling food at holland village. And you think PAP is stupid ?

Who suffer in the end ? Singaporean that trying to make a living opening stall. Then....... Rental raise. And food raise. Singaporean no longer want to eat there in the end. That's life.

PAP !

dragg SG

how do you know? are you one of the tenants?

Mr. Green

skyline63 SG

Use your brain lah ! PAP leh ! Will PAP make a loss money business ? Raise the rental can already. Why not ? Say you make temp carpark.

Rental $6000, become $8000 loh ! Easy right ? Then food price also goes up loh. Easy right ? Pass the bill to the customer anyway got money drive there. No money to pay huh ? HahahahH!!!!!!

iamgoondu SG

If I am right, except for the market, all the shophouses there are privately owned. That's probably explained why the shophouses have the height limits (not more than 2 storey high), and that's probably also explain the run-down state of holland v.

skyline63 SG

OF course government will have their way. If you are smart enough. You will know. Private own. Own by who ? That is the problem.......

If I am own a shophouse in a place. No carpark. I am a government man. Why not use the people, citizen money to earn my profit ? Build the carpark and earn money for myself loh. Not call corruption huh ?

iamgoondu SG

According to ST, LTA is getting a $7.7 million building (3 storey, 10 years lifespan).

And according to their deputy chief executive, the rental for HDB Building in Jalan Bukit Merah is just 'too expensive'.

Considering $2.03 million to be spent on a temporary car-park (3 years life span) in HV, the $7.7 million building for LTA must be very, very, very bare and simple.

Or perhaps considering the $7.7 million spent on a LTA building, the temporary car-park must be very, very, very posh and grand.

Perhaps just like any car park, the new LTA building is non-airconditioned, no lift, only staircase and no toilets too.

I pity LTA employees, their work place could be as bad as a car-park.

If even LTA find it cheaper to build than to rent the former HDB Centre, shouldn't HDB evaluate its rental rates? Perhaps HDB find it wiser to leave it vacant than to rent it out.

Laughing

sgboy SG

If you feel it’s expensive, then don’t park. Some people because wanting to say that 50cents, they park illegally and in the end, paid for summons, etc. If you want to drive, then don’t think of saving for car park fees.