Recently, Housing and Development Board (HDB) and Urban Redevelopment Authority (URA) announced that public car park charges will be increased. Below are the current rates.

	Current Rates	New Rates
Regular short term parking	$0.50 per half hour	$0.60 per half hour
RZ/DA Parking	$1.00 per half hour	$1.20 per half hour

With the announcement, there are also news that private car park operators and shopping malls will also be revising their parking rates to match public car park charges. The reason is because shopping malls and private car park operators are afraid cars may all flock to private car parks and malls if public car park charges increase. This is especially true for neighborhood malls such as Northpoint, Tampines Mall and Bedok Mall etc. These malls are located near to MRT stations and housing estates and there can be a possibility of cars flocking to park at these ......