For basic bus and rail services, adult card fares will increase by up to $0.10, while concession card fares for journeys less than 3.2km remain unchanged.
The Public Transport Council has revealed a new public transport fare review formula designed to reduce fare change volatility for commuters here.
The PTC has announced that it has started to review the public transport fare adjustment formula, to be applied in the 2023 Fare Review Exercise.
Bus and train fares will rise by 7% from 28 December, although the hike will be cushioned for more than 50% of Singaporeans who enjoy concessionary fares.
The public transport operators have submitted applications for a fare increase which could see bus and train rides costing up to 7% more by year-end.
The Public Transport Council said that the largest contributing factor to the potential fare hike was the increase in energy prices.
Bus and train fares will rise by $0.06 per trip from 29 December, when the latest annual revision approved by the Public Transport Council kicks in.
Public transport operators SBS Transit and SMRT have submitted their applications for the annual fare review exercise ahead of the 1 October deadline.
The Public Transport Council said the 2018 review will include the network capacity factor, which tracks how much bus and rail capacity has changed.
Downtown Line 3 officially opens today, bringing train services to neighbourhoods that have never had an MRT station nearby.
The Public Transport Council has begun its annual exercise to review train and bus fares.
The Public Transport Council (PTC) has announced that it has started its annual fare review exercise on Wednesday 30th August.
Since becoming a corporate body last year, the Public Transport Council said it has been given the mandate to advise the Minister on public transport.
The Public Transport Council has started review of public transport fare adjustment formula and mechanism, targeted to be completed by Q1 2018.
The simpler fare structure announced yesterday is a boon for commuters but industry observers say long-term sustainability warrants closer examination.
The Public Transport Council begins the 2016 fare review exercise, with train operators due to submit fare adjustment applications by early October.
The Transport Minister said in Parliament yesterday that falling oil prices are unlikely to affect transport fares this year due to a fare increase delay.
Transport Minister Lui Tuck Yew has urged the Public Transport Council to keep fares affordable ahead of the 2014 fare review exercise.
The fare review will not only encompass fare hike, but also includes new and enhanced concession schemes for low income, elderly, students and adult commuters.
The Government, during Parliament yesterday, accepted in full the recommendations by the Fare Review Mechanism Committee (FRMC).