ERP Rates To Increase By S$1 At 4 Locations: LTA

Published: Aug 19, 2022 by 
PropertyGiant Singapore
File photo of ERP Gantry in Tanjong Pagar in Singapore. (Photo: Abdul Rahman Azhari/Yahoo News Singapore)
File photo of ERP Gantry in Tanjong Pagar in Singapore. (Photo: Abdul Rahman Azhari/Yahoo News Singapore)

Singapore (Reuters) - To relieve road congestion, Electronic Road Pricing (ERP) prices will increase by S$1 at four expressway locations across eight time periods beginning August 1.

AYE after Jurong Town Hall towards City (three gantries), Southbound CTE after Braddell Road and PIE slip road into Southbound CTE (four gantries), KPE (ECP) after Defu Flyover, and Northbound CTE after PIE (a set of two gantries).

ERP rates to increase by S$1 from 1 August 2022. (Table: LTA)

The Land Transport Authority (LTA) claimed in a news release on Wednesday (27 July) that this is due to traffic congestion, as evidenced by traffic monitoring in June and July.

A contributing element was the "further relaxation of community and workplace measures beginning on April 26."

In May, the LTA announced a S$1 rise in ERP rates at eight locations over 19 periods, staggered over May and June.

According to the LTA, these remain unchanged.

Because the current modifications affect time slots that are already priced, the LTA stated that "there is no increase in the total number of time slots or places charged with ERP as a result of this evaluation."

"After the adjustment on August 1st, the number of places and time slots charged is still much fewer than before COVID," the LTA added. "The LTA will continue to constantly monitor traffic speeds and congestion levels to determine whether ERP rates need to be adjusted further."

Credits: Yahoo Finance Singapore

No items found.

Connect With Us

Have questions on real estate market trends, exclusive listings or opportunities in Singapore? Get connected with our team and speak to a professional.
Thank you! Your submission is successful.
If you did not hear from us within 24 hours, please call or WhatsApp our Hotline at +65 6100 6199.
Oops! Something went wrong while submitting the form.

Just Listed Properties For Sale

More Articles

HDB resale prices rise 1.1% in Q4 2023 and are up 4.9% for the full year as growth slows in 2024

Read More >

Golden Mile Complex's Redevelopment May Provide Blueprint For Conservation Of Other Modernist Icons

Read More >

Two bids submitted by consortium for mega site in Jurong Lake District, slated to be Singapore’s 2nd CBD

Read More >
whatsapp us logo
Chat With Us