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Hints leading to possible increase in bus/mrt fares?
Another new survey did by LTA to show that commuters would be willing to pay 2x of wat they are paying now to get a 'smooth' ride.....
Song liaos...
HOW much would a motorist be willing to pay to avoid congestion on the roads? Or, if you prefer public transport, how high would you go for a seat on that bus or train to work?
Just about double whatever it takes now to get a smooth ride, it seems, according to a new survey commissioned by the Land Transport Authority (LTA).
LTA economist Raymond Toh presented the findings at the ongoing World Roads Conference, although he made clear that these values had no direct link to bus or train fares or road tolls.
The survey of 4,000 respondents - 40 per cent were motorists and the rest public transport commuters - was meant to help transport planners gauge what motorists and commuters are willing to pay to save time.
'Ultimately, it gives us a better gauge of passenger behaviour in different scenarios to better plan future projects,' said Mr Toh.
The findings also showed that commuters and motorists here valued their time as much as their counterparts in cities in Britain and the United States, where similar surveys were carried out.
http://www.straitstimes.com/Breaking...ry_447363.html
Song liaos...
HOW much would a motorist be willing to pay to avoid congestion on the roads? Or, if you prefer public transport, how high would you go for a seat on that bus or train to work?
Just about double whatever it takes now to get a smooth ride, it seems, according to a new survey commissioned by the Land Transport Authority (LTA).
LTA economist Raymond Toh presented the findings at the ongoing World Roads Conference, although he made clear that these values had no direct link to bus or train fares or road tolls.
The survey of 4,000 respondents - 40 per cent were motorists and the rest public transport commuters - was meant to help transport planners gauge what motorists and commuters are willing to pay to save time.
'Ultimately, it gives us a better gauge of passenger behaviour in different scenarios to better plan future projects,' said Mr Toh.
The findings also showed that commuters and motorists here valued their time as much as their counterparts in cities in Britain and the United States, where similar surveys were carried out.
http://www.straitstimes.com/Breaking...ry_447363.html
