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Income opportunity for HDB carpark

By SYF77 on 26 Dec 2011

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Recently, I read from The Straits Times website that a Housing Board carpark at Bukit Merah estate is partly rented to a car dealer because it was underused. According to the report, the arrangement is the first of its kind and is extremely rare. HDB agreed to do so as the take-up rate for season parking is low there.

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It is indeed a clever move by HDB to generate income from a under-utilized carpark. Come to think of it, there are also other HDB carparks in Singapore which are underused. An example is the muti-storey carpark above, which is situated along Bedok Reservoir Road. The top level is often left empty, even late in the night.

Other than renting to car dealers, the top floor of the carpark can be utilized in other ways. For example, the Residents’ Committee could hold events there, such as Mid-Autumn festival celebration, “Qi Gong” session or even open-air movie screening. It is also an ideal location for holding car boot sales.

Do you have other ideas on how we can make use of empty carpark space?

(Photo Credit: The Straits Times)

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Written by SYF77
I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.

  • 1
Expertz Dec 27 2011 02:10 AM
i really doubt that the car dealer would park his cars on the very top floor, nor would the residents of the area want to park on the top floor too.
Pltang Dec 27 2011 01:24 PM
hate the climbing up in the early mornings.... i appreciate the lifts in newer car parks... that probably would give a boost on utilization
  • 1
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