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05 Jul 2016 | Text by Nigel Yong, Photos by Low Fai Ming | Category: Car Ownership Advice

Aside from the usual morning and evening peak hour jams, Singapore's city centre is also notorious for its high parking costs. Here are five of the most expensive parking spots in central Singapore.


Although the cost of parking in central Singapore isn't as high as cities like London, New York and Tokyo, leaving your car in one of these five buildings in Orchard and the Central Business District (CBD) can be quite a strain on your finances.

Because we aren't geniuses at Math, we've used a simple formula, to calculate just how much it costs to park at these five places - two hours, from 2:00pm to 4:00pm on Mondays to Fridays.

Orchard

Hilton Singapore


Close to both ION Orchard and Takashimaya shopping centres, the Hilton Singapore is one of the top 25 luxury hotels on our island.

Parking here from 2:00pm to 4:00pm on Mondays to Fridays is going to cost you $7 per hour, amounting to $14

Four Seasons Singapore


The Four Seasons is a a luxury five-star, contemporary hotel that's a four-minute walk from the Orchard subway station.

Parking here from 2:00pm to 4:00pm on Mondays to Fridays costs $6 for the first hour and $3 for subsequent half hours, amounting to $12

A cheaper alternative to parking at the Hilton or Four Seasons is Forum The Shopping Mall, which costs $2.40 for first hour and $1.20 for subsequent half hours.

Holiday Inn Express Singapore


Located at 20 Bideford Road, the Holiday Inn Express Singapore boasts convenience and comfort for those who enjoy staying in the heart of Orchard.

However, parking charges from 2:00pm to 4:00pm on Mondays to Fridays are $3 per half hour, equating to $12
To save some money, you can park at the Grand Park Orchard next door, which costs $3.50 for first hour and $1.50 for each subsequent half hour, from 8:00am to 5:00pm daily.

CBD

One Fullerton

Home to restaurants, cafes, bars and the late Butter Factory, One Fullerton, located at 1 Fullerton Road is a nice place to enjoy a cuppa in between meetings.

However, because of its $2.80 per half hour parking rates, having that cuppa from 2:00pm to 4:00pm on weekdays is going to cost you an extra $11.20

Unfortunately, most parking available around that area costs about $10 and upwards for the same period of time, so you might want to consider taking public transport instead.

One Raffles Quay

One Raffles Quay is a complex located at Raffles Place, consisting of the 50-storey North Tower and the 29-storey South Tower prime grade A office space.

What's as prime as the office spaces it offers is the $1.07 per 10 minutes parking costs. From 2:00pm to 4:00pm, a meeting at One Raffles Quay is going to cost an extra of $12.84

If you don't mind a short walk, parking charges at One Marina Boulevard are slightly cheaper, at $2.14 per half hour. Although we'd also recommend parking out of town and taking a train in to save more.

For a complete list of carpark charges in Singapore, you can refer to our Carpark Rates page.
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