Oct
1
2011

HDB Season Parking

Do not curse and swear the next time you need to drive around looking for a carpark lot. According to a report in the Straits Times, the number of HDB carpark spaces has risen 3.2 per cent, or 557,000 as at June this year compared to 539,800 in 2005.

However, the number of HDB households, which make up the bulk of households in Singapore, with a car outstrips it by a whopping 26.3 per cent over the same period.To add to the crunch, the number of households with more than one car has shot up by 76.5 per cent to 45,900. The average season-parking take-up rate has also gone up from 57 per cent in 2005 to 80 per cent today, which adds up to less parking spaces for non-residents.



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