SBS Transit, SMRT submit applications for fare adjustment

charlize

12 Jul 11, 18:14

Originally posted by βÎτÎ¬:

600 buses for S$268 million!!!

S$450,000 for ONE bus?

I wonder how much does a bus in other countries cost?

Ask the bus fans.

lemon1974

12 Jul 11, 18:27

Originally posted by βÎτÎ¬:

600 buses for S$268 million!!!

S$450,000 for ONE bus?

I wonder how much does a bus in other countries cost?

1 DD cost S$520 000. 1 SD cost S$300 000 to S$350 000.

price is roughly the same elsewhere, since most buy from the same brands (mercedes/man/volvo/scania)... there are cheaper buses available.. those from China.... but then, dun think ppl here like it......... maybe SBST/SMRT should buy China buses instead to cut cost....

charlize

12 Jul 11, 21:22

Originally posted by lemon1974:

1 DD cost S$520 000. 1 SD cost S$300 000 to S$350 000.

price is roughly the same elsewhere, since most buy from the same brands (mercedes/man/volvo/scania)... there are cheaper buses available.. those from China.... but then, dun think ppl here like it......... maybe SBST/SMRT should buy China buses instead to cut cost....

I thought they were going to buy some electric buses from China?

Î²ÎÏ„Î¬

12 Jul 11, 21:27

Originally posted by lemon1974:

1 DD cost S$520 000. 1 SD cost S$300 000 to S$350 000.

price is roughly the same elsewhere, since most buy from the same brands (mercedes/man/volvo/scania)... there are cheaper buses available.. those from China.... but then, dun think ppl here like it......... maybe SBST/SMRT should buy China buses instead to cut cost....

Just wondering............

SBST buses need to pay ARF, COE and diesel tax?

Î²ÎÏ„Î¬

12 Jul 11, 21:29

If they do pay ARF and COE, the cost of these buses are definitely inflated.

What is good for the gander might not be good for the goose.

polarb

13 Jul 11, 18:54

eh i took china made buses before leh, dunno what brand. but the interior finishing quite koyak.

anyways, anyone know the revenue source of the bus companies and the components of it?

FireIce

13 Jul 11, 23:03

Originally posted by lemon1974:

maybe SBST/SMRT should buy China buses instead to cut cost....

since oredi so many china men and women driving, might as well let them use their å®¶ä¹¡ products

so tt they will not brake anyhow and overshoot bus-stops

lemon1974

14 Jul 11, 10:55

Originally posted by βÎτÎ¬:

If they do pay ARF and COE, the cost of these buses are definitely inflated.

What is good for the gander might not be good for the goose.

NO ARF/COE/diesel taxes for public buses..... if have, the fares increase will be even higher...

lemon1974

14 Jul 11, 10:57

Originally posted by FireIce:

since oredi so many china men and women driving, might as well let them use their å®¶ä¹¡ products

so tt they will not brake anyhow and overshoot bus-stops

how you know china guys when driving china buses wont anyhow brake and overshoot bus stops?

SBS2601D

14 Jul 11, 10:59

Already had China buses on public service what...........but rejected.

But the ones SBST purchased were ok priced.....not SMRT ones!

Î²ÎÏ„Î¬

14 Jul 11, 12:11

Originally posted by lemon1974:

NO ARF/COE/diesel taxes for public buses..... if have, the fares increase will be even higher...

That is like saying all SMRT, Comfort, Union and Premier taxis (public transport) don't need to pay ARF, COE and diesel tax.

SBST used to charter out their buses for private trips, how do you distinguish SBST buses from private and public journeys.

Maybe SBST buses don't pay ERP also.

Do you have any proof that SBST buses don't need to pay ARF, COE and diesel tax?

Or

Are you just guessing?

lemon1974

14 Jul 11, 12:37

Originally posted by βÎτÎ¬:

That is like saying all SMRT, Comfort, Union and Premier taxis (public transport) don't need to pay ARF, COE and diesel tax.

Maybe SBST buses don't pay ERP also.

Do you have any proof that SBST buses don't need to pay ARF, COE and diesel tax?

Or

Are you just guessing?

Pls read properly. I MENTION PUBLIC BUSES .... i did not say Comfort/Union/Premier taxis dont need pay ARF/COE/Diesel Tax. I did not MENTION ALL PUBLIC TRANSPORT. Pls do not put words in my mouth....

SBST buses paid ERP.... go and search yourself for the ARF/COE part... They actually been paying 5% ARF till this march (go read up the budget statement)....

lemon1974

14 Jul 11, 12:42

Originally posted by polarb:

eh i took china made buses before leh, dunno what brand. but the interior finishing quite koyak.

anyways, anyone know the revenue source of the bus companies and the components of it?

for SBST.... profit stated is before taxation...
for SMRT, later got time then go find.

SBST revemue source/profit b4 tax for 2010/2009/2005.. bus operation profit is very low currently as compare to few years back..

2010 - Revenue from bus operation - S$549 017 000, profit - S$14 884 000 (3%?)
2010 - Revenue from Rail operation - S$121 724 000, profit - S$17 462 000
2010 - Revenue from Advertisement - S$ 36 312 000, profit - S$22 036 000
2010 - Revenue from Rentals - S$13 827 000, profit - S$10 337 000

2009 - Revenue from bus operation - S$545 995 000, profit - S$22 367 000 (4%?)
2009 - Revenue from Rail operation - S$109 182 000, profit - S$13 356 000
2009 - Revenue from Advertisement - S$ 27 321 000, profit - S$16 095 000
2009 - Revenue from Rentals - S$14 585 000, profit - S$10 385 000

2005 - Revenue from bus operation - S$493 188 000, profit - S$50 708 000 (10%?)
2009 - Revenue from Rail operation - S$ 63 875 000, LOSS - (S$10 506 000)
2009 - Revenue from Advertisement - S$ 19 221 000, profit - S$12 955 000
2009 - Revenue from Rentals - No data, profit from other income - S$3 997 000

charlize

14 Jul 11, 12:54

What the public transport companies need is real competition from private operators to wake up their idea.

But I doubt this will happen because the public transport companies will be protected by the people at the top.

Ryan Lee85

14 Jul 11, 13:10

I agree.

Singapore is just a monopoly for the Lees and we're just chess pieces for them to make more money.

Once our life is used up, they just chuck us aside for cheaper FTs.

charlize

14 Jul 11, 13:16

Originally posted by Ryan Lee85:

I agree.

Singapore is just a monopoly for the Lees and we're just chess pieces for them to make more money.

Once our life is used up, they just chuck us aside for cheaper FTs.

Why so pessimistic?

Why?

Î²ÎÏ„Î¬

14 Jul 11, 13:32

Originally posted by lemon1974:

Pls read properly. I MENTION PUBLIC BUSES .... i did not say Comfort/Union/Premier taxis dont need pay ARF/COE/Diesel Tax. I did not MENTION ALL PUBLIC TRANSPORT. Pls do not put words in my mouth....

SBST buses paid ERP.... go and search yourself for the ARF/COE part... They actually been paying 5% ARF till this march (go read up the budget statement)....

If that is the case, then we might have to squeeze more passengers into buses or increase bus fares significantly.

charlize

14 Jul 11, 13:35

Since taking public transport is a basic necessity:

Transport fares decrease - trains/buses will still be packed.

Transport fares stay the same - trains/buses will still be packed.

Transport fares increase by 1% - trains/buses will still be packed.

Transport fares increase by 10% - trains/buses will still be packed.

charlize

14 Jul 11, 13:37

http://www.temasekreview.com/2011/07/14/will-minister-lui-teck-yew-be-joining-mp-raymond-lim-in-the-back/

Î²ÎÏ„Î¬

14 Jul 11, 13:43

The return on assets already 8.4% for SBST, what more they want for a stable risk free industry.

SBS2601D

14 Jul 11, 14:02

SBST side I got few complaints. Its a fact that the fleet was modernised....and there are visible improvements here and there.

Its SMRT you should scrutinise.

Itedino

14 Jul 11, 14:09

Originally posted by charlize:

Since taking public transport is a basic necessity:

Transport fares decrease - trains/buses will still be packed.

Transport fares stay the same - trains/buses will still be packed.

Transport fares increase by 1% - trains/buses will still be packed.

Transport fares increase by 10% - trains/buses will still be packed.

wah lan increase 50% will still be packed.

Î²ÎÏ„Î¬

14 Jul 11, 14:15

It's usually the case, after GE the price of basic and essential services will increase.

charlize

14 Jul 11, 20:11

http://www.temasekreview.com/2011/07/14/lui-tuck-yew-nationalizing-public-transport-will-lead-to-fare-increase-for-commuters/

charlize

14 Jul 11, 20:13

Now not nationalised also fares are increasing leh.

So how?