LTA announced ERP price increase

Singapore. According to the LTA’s latest review, 6 locations across nine time periods will increase ERP charges by S$1. These prices are based on LTA’s monitoring of various traffic conditions in October.

In the monitoring, LTA observed that “traffic has built up at various stretches of expressways.”

LTA also added that the speed of traffic at certain time slots has fallen below the optimal speed range.

At three various locations and across four time periods, the hike in rates will be deferred until after the December school holiday, and on 3 January 2023.

Just last September, ERP prices were also raised at five expressway locations. Four of these locations are also involved in the new revision.

More from OMY: ERP rates to increase at numerous expressway locations

Here’s a look at the new price increase.

ERP charges increase by S$1
ERP charges increase by S$1

Source: LTA

According to LTA, it will continue monitoring traffic speeds closely and assess if the rates need to be changed further.

More from OMY: How To Buy A Car In Singapore: Guide To Owning Your First Car

Share This Story:

More Articles

No Need to Shop Around, Find the Best Personal Loan Offers in One Place! 

In just minutes, OMY can give you access to multiple loan offers from various banks and loan providers – all for free.

Personal Loan Offers!