Transport operators cite rising cost pressures

Rail and SMRT Trains applied for the full 14.4 per cent hike in 2025, citing pressures from rising costs in areas such as maintenance, as well as slow and uncertain ridership recovery.

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PTC said it would require both operators to contribute 20 per cent of their expected fare revenue increase to the Public Transport Fund, which helps households cope with fare increases.

This works out to $3.5 million for SBS Transit Rail and $7.1 million for SMRT Trains.

SMRT Trains noted that the 2025 fare adjustment was lower than that of 2024, with a “substantial portion of the increase deferred to future years”.