{"id":3471,"date":"2019-09-25T06:31:50","date_gmt":"2019-09-25T06:31:50","guid":{"rendered":"https:\/\/sg.everydayonsales.com\/news\/?p=3471"},"modified":"2019-09-25T06:31:50","modified_gmt":"2019-09-25T06:31:50","slug":"fare-to-increase-for-sbs-transit-and-smrt-trains-really","status":"publish","type":"post","link":"https:\/\/sg.everydayonsales.com\/news\/3471\/fare-to-increase-for-sbs-transit-and-smrt-trains-really\/","title":{"rendered":"Fare To Increase For SBS Transit and SMRT Trains?! Really?!"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-3473\" src=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2019\/09\/SBS-Transit-To-Increase-Its-Fare_.jpg\" alt=\"\" width=\"1200\" height=\"628\" srcset=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2019\/09\/SBS-Transit-To-Increase-Its-Fare_.jpg 1200w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2019\/09\/SBS-Transit-To-Increase-Its-Fare_-300x157.jpg 300w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2019\/09\/SBS-Transit-To-Increase-Its-Fare_-768x402.jpg 768w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2019\/09\/SBS-Transit-To-Increase-Its-Fare_-1024x536.jpg 1024w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2019\/09\/SBS-Transit-To-Increase-Its-Fare_-1170x612.jpg 1170w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2019\/09\/SBS-Transit-To-Increase-Its-Fare_-585x306.jpg 585w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>Might be but as for now, not yet. Why the news then? This is because the operator of SBS Transit and SMRT Trains apply for fare increase!<\/p>\n<p>The public transport operators for SBS Transit and SMRT Trains have officially submitted applications for a fare increase.\u00a0 What that means to us, the consumer is that if this is approved, there will be an increase which\u00a0could see bus and train rides costing up to 7 per cent more by year-end.<\/p>\n<p>The Public Transport Council (PTC), a fare watchdog appointed by the Transport Ministry, said on Monday (Sept 23) that it had received applications from both SBS Transit and SMRT Trains.<\/p>\n<p>As per the <em><a href=\"https:\/\/www.straitstimes.com\/singapore\/transport\/sbs-transit-and-smrt-trains-apply-for-fare-increase\" target=\"_blank\" rel=\"noopener noreferrer\">The Straits Times<\/a><\/em>, SMRT Trains chief executive Lee Ling Wee said:<\/p>\n<p>&#8220;We support a 7 per cent fare increase for high performance and sustainability of the rail service.<\/p>\n<p>&#8220;In financial year 2019, SMRT Trains&#8217; maintenance-related expenditure accounted for 71 per cent of rail fare revenue, up from 62 per cent in 2018. Because of intensified and comprehensive maintenance efforts, total operating cost has exceeded fare revenue and is not sustainable.&#8221;<\/p>\n<p>SBS Transit spokesman Tammy Tan also said: &#8220;The cost of rail operations has been increasing due mainly to higher repairs and maintenance costs. As a result, SBS Transit has continued to incur rail losses despite the growth in ridership. It is hoped that an increase in fares will help mitigate some of these cost increases.&#8221;<\/p>\n<p>If a 7 percent increase is granted, bus and train fares are expected to go up by around 10 cents per ride. That&#8217;s kinda a lot especially you know how many times we used it per day!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Might be but as for now, not yet. Why the news then? This is&hellip;<\/p>\n","protected":false},"author":2,"featured_media":3473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[21,65],"tags":[515,516],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fare To Increase For SBS Transit and SMRT Trains?! Really?! - Singapore EverydayOnSales News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sg.everydayonsales.com\/news\/3471\/fare-to-increase-for-sbs-transit-and-smrt-trains-really\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fare To Increase For SBS Transit and SMRT Trains?! 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