10 Sep '11, 2am

More cars = less space in HDB carparks as pace of ownership outstrips carpark-building rate

More cars = less space in HDB carparks as pace of ownership outstrips carpark-building rate

The HDB says it is a challenge to match supply with demand as land is limited and it needs to balance the needs of other residents. -- ST PHOTO: ALPHONSUS CHERN By Christopher Tan, Senior Correspondent If you find it tougher to park in a Housing Board estate these days, or have difficulty securing a season pass for your second car, this is why: The pace of growth in car ownership has overtaken that of HDB's carpark-building programme. The number of HDB carpark spaces has risen from 539,800 in 2005 to 557,000 as at June this year - a 3.2 per cent rise. But the number of HDB households - the bulk of Singapore households - with a car has grown by 26.3 per cent to 310,400 over the same period. And the number with more than one car has shot up by 76.5 per cent to 45,900. Related Links CARPARK CRUNCH HDB says the average season-parking take-up rate has soared from 57 per cent in...

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

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