26 Jul '11, 8am

Singapore has highest parking rates in SEA

Singapore has the most expensive parking rates in South-east Asia, according to research released on Tuesday. -- PHOTO: THE NEW PAPER SYDNEY - SINGAPORE has the most expensive parking rates in South-east Asia, according to research released on Tuesday. Singaporean commuters pay an average of US$24.59 (S$30.40) a day, compared to commuters in Tokyo who pay an average of $62 a day. However, Singapore does not rank within the top 50 daily parking rates in the world. The Colliers International Parking Rate Survey has Oslo at the priciest place to park at $89.04 a day, followed by Copenhagen at $73.11, and Melbourne at $69.53. Jakarta has the cheapest daily parking of the 156 cities surveyed, at just 92 cents a day. -- AFP

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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