Originally posted by jurongresident:Meanwhile, this also means that train fares have to increase by around 100%, to ensure that the amount of revenue collected remains the same.
Already, if we want to collect enough revenue to recover costs, train fares must increase by a few times.
If we increase the capacity on bus services to match the capacity of train services, this may reduce demand (loading) for train services, and we have to increase train fares by a few times more.
Currently, a train ride costs around $1.50. In a day, each person take around two train rides. This means on average, each person pays around $3 on train rides.
If we increase train fares by a few times, this means we have to pay around $9-$15 a day (or $252-$366 a month) on train rides.
Most Singaporeans earn at least $1500 a month. I am not sure if everyone is willing to spend up to around 25% of their income on train rides.
Hi mr jurongresident, if increase fare by 5 to 20 cents, most working adults will accept after grumbling for a while. Increase by 50 cents will have an uproar online and offline. Not to even mention that fares have to be doubled up. Cheers. Thanks.