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Singapore bus, rail fares to come down 4.2% from Dec 30
IN line with lower energy costs, the Public Transport Council (PTC) has decided to reduce bus and rail fares by 4.2 per cent from Dec 30, which will translate into reductions of one to 27 Singapore cents for card fares.
The downward fare adjustment for 2016 is meant to be 5.7 per cent in total. However, the remaining 1.5 per cent reduction of the fare quantum will be carried forward to next year's fare review exercise to spread out the impact of volatile energy prices over time, said the PTC on Thursday.
In addition, the council will simplify the fare structure to benefit commuters. Currently, fares for underground lines such as the North East Line, Circle and Downtown Lines are more expensive than the North-South and East-West Lines, LRT Lines and buses.
This is due to higher operating costs for the underground lines such as air-conditioned platforms.
Under the new structure, fares for fully-underground lines will be lowered to the same level as above-ground lines and basic bus services. The PTC will also adopt a distance-based approach to calculate fares based on the shortest travel path, which means commuters can choose the most convenient travel path without paying more.
Richard Magnus, chairman of the PTC, said: "The lower energy prices in 2015 have allowed PTC to reduce all card fares. A prudent and balanced approach however is necessary to ensure the longer-term sustainability of our public transport system. We will continue monitoring this closely."