For basic bus and rail services, adult card fares will increase by up to $0.10, while concession card fares for journeys less than 3.2km remain unchanged.
The Public Transport Council has revealed a new public transport fare review formula designed to reduce fare change volatility for commuters here.
The PTC has announced that it has started to review the public transport fare adjustment formula, to be applied in the 2023 Fare Review Exercise.
Bus and train fares will rise by 7% from 28 December, although the hike will be cushioned for more than 50% of Singaporeans who enjoy concessionary fares.
The public transport operators have submitted applications for a fare increase which could see bus and train rides costing up to 7% more by year-end.
The Public Transport Council said that the largest contributing factor to the potential fare hike was the increase in energy prices.
Public transport operators SBS Transit and SMRT have submitted their applications for the annual fare review exercise ahead of the 1 October deadline.
Downtown Line 3 officially opens today, bringing train services to neighbourhoods that have never had an MRT station nearby.
The Public Transport Council (PTC) has announced that it has started its annual fare review exercise on Wednesday 30th August.
Since becoming a corporate body last year, the Public Transport Council said it has been given the mandate to advise the Minister on public transport.
The Public Transport Council has started review of public transport fare adjustment formula and mechanism, targeted to be completed by Q1 2018.
There will not be an adjustment in transport fares until the Fare Review Committee (FRMC) completes its review and proposes improvements on the system.
Frequent commuters may have something to rejoice about soon. The Fare Review Mechanism Committee (FRMC) is looking into cheaper season travel passes.