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| Meta Title | Public transport fares to increase in Singapore from 28 December 2024 | MoneyDigest.sg | |||||||||||||||||||||
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Public transportation fares are set to increase in December, from the 28th.
Adult commuters will see a 10-cent hike per trip on buses and trains while students, seniors, and those with disabilities will pay 4 cents more per journey.
Monthly passes remain unchanged.
Overall fares will rise 6%, down from 7% last year.
The good news is that lower-income households can get $60 transit vouchers, up from $50 last year.
More people now qualify for the vouchers, with the monthly income limit per person increasing to $1,800 from $1,600.
This means an additional 60,000 households will benefit from the vouchers.
Why the increase?
Regulator PTC cited inflation, wage growth, and past deferred increases as reasons for the hike.
While energy prices dropped from 2022 peaks, core inflation and strong wage growth factored into the 3.3% increase under PTC’s formula.
An additional 15.6% was deferred from prior years, allowing for up to 18.9% in total.
However, PTC chose a more modest 6% to cushion costs for commuters.
Chairperson Janet Ang noted the deferred amount accumulated due to spiking energy prices and inflation in 2021 to 2022.
This marks the second review under PTC’s new formula aimed at stabilizing fares.
The nitty gritty
Singapore’s public transport fare formula has five components: core consumer price index (cCPI), wage index (WI), energy index (EI), productivity, and network capacity.
For 2023 to 2027, productivity and capacity factors now have fixed values for stability.
Productivity contribution is minus 0.1%, while network capacity is 1.1%.
This year, the indexes increased cCPI by 2.1%, WI by 2.1%, and EI dropped 1.9%.
With fixed productivity and capacity, fares can rise by 3.3%.
Adding the 15.6% carried-over allows an 18.9% maximum increase.
However, the Public Transport Council approved only a 6% hike, leaving 12.9% for next year/future reviews.
Finding a win-win solution for all
The upcoming 6% fare increase will lower the deferred amount to 12.9% for the next review.
This helps narrow the gap between cost and fares, said Ms. Ang from the PTC, adding that the PTC will balance financial sustainability with affordability.
Meanwhile, the PTC encourages monthly passes to cap expenses.
Extended concession fares for graduating students
In addition to the abovementioned news, starting 28 December 2024, graduating students in Singapore can continue enjoying discounted transit fares for four months after finishing school.
Currently, secondary and post-secondary students receive concession fares.
However, some faced paying full price before enrolling in another school.
In response to parent and student feedback, our Transport Minister requested the PTC to extend fares.
PTC agreed to the request, granting graduating students concessions for four months post-graduation, which will start this year.
Around 75,000 students annually will benefit.
To extend validations, this year’s graduates can tap cards at any ticketing machines located in MRT or bus stations from 1 October to 31 December 2024.
They can also visit a ticketing counter for more assistance.
Future graduating classes will get extension details from their schools. | |||||||||||||||||||||
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### [Latest WFH internships posted from 3 to 7 November 2025](https://www.moneydigest.sg/latest-wfh-internships-posted-from-3-to-7-november-2025/ "Latest WFH internships posted from 3 to 7 November 2025")
- Career and Enterprising
[](https://www.moneydigest.sg/latest-wfh-internships-posted-from-27-to-31-october-2025/ "Latest WFH internships posted from 27 to 31 October 2025")
November 1, 2025
### [Latest WFH internships posted from 27 to 31 October 2025](https://www.moneydigest.sg/latest-wfh-internships-posted-from-27-to-31-october-2025/ "Latest WFH internships posted from 27 to 31 October 2025")
- Career and Enterprising
[](https://www.moneydigest.sg/latest-wfh-internships-posted-from-21-to-24-october-2025/ "Latest WFH internships posted from 21 to 24 October 2025")
October 25, 2025
### [Latest WFH internships posted from 21 to 24 October 2025](https://www.moneydigest.sg/latest-wfh-internships-posted-from-21-to-24-october-2025/ "Latest WFH internships posted from 21 to 24 October 2025")
- Phones & Utilities
[](https://www.moneydigest.sg/eight-telecom-offering-1-for-1-top-ups-can-do-online-from-now-till-16-dec/ "eight Telecom offering 1-for-1 top-ups (can do online!) from now till 16 Dec 25")
December 15, 2025
### [eight Telecom offering 1-for-1 top-ups (can do online!) from now till 16 Dec 25](https://www.moneydigest.sg/eight-telecom-offering-1-for-1-top-ups-can-do-online-from-now-till-16-dec/ "eight Telecom offering 1-for-1 top-ups (can do online!) from now till 16 Dec 25")
- Phones & Utilities
[](https://www.moneydigest.sg/apple-introduces-the-iphone-pocket-available-for-s219-and-s329/ "Apple introduces the iPhone Pocket, available for S$219 and S$329")
November 12, 2025
### [Apple introduces the iPhone Pocket, available for S\$219 and S\$329](https://www.moneydigest.sg/apple-introduces-the-iphone-pocket-available-for-s219-and-s329/ "Apple introduces the iPhone Pocket, available for S$219 and S$329")
- Phones & Utilities
[](https://www.moneydigest.sg/iphone-17-and-iphone-air-upgrade-now-or-skip-it/ "iPhone 17 and iPhone Air: Upgrade Now or Skip It?")
September 16, 2025
### [iPhone 17 and iPhone Air: Upgrade Now or Skip It?](https://www.moneydigest.sg/iphone-17-and-iphone-air-upgrade-now-or-skip-it/ "iPhone 17 and iPhone Air: Upgrade Now or Skip It?")
- Phones & Utilities
[](https://www.moneydigest.sg/iphone-17-iphone-17-pro-and-the-ultra-thin-iphone-air-will-be-available-for-pre-order-this-friday-12-sep-25/ "iPhone 17, iPhone 17 Pro and the ultra-thin iPhone Air will be available for pre-order this Friday, 12 Sep 25")
September 10, 2025
### [iPhone 17, iPhone 17 Pro and the ultra-thin iPhone Air will be available for pre-order this Friday, 12 Sep 25](https://www.moneydigest.sg/iphone-17-iphone-17-pro-and-the-ultra-thin-iphone-air-will-be-available-for-pre-order-this-friday-12-sep-25/ "iPhone 17, iPhone 17 Pro and the ultra-thin iPhone Air will be available for pre-order this Friday, 12 Sep 25")
- Phones & Utilities
[](https://www.moneydigest.sg/hey-singaporeans-your-parents-deserve-fast-safe-data-heres-how-to-get-it-free/ "Hey Singaporeans — Your Parents Deserve Fast, Safe Data. Here’s How to Get It FREE.")
June 19, 2025
### [Hey Singaporeans — Your Parents Deserve Fast, Safe Data. Here’s How to Get It FREE.](https://www.moneydigest.sg/hey-singaporeans-your-parents-deserve-fast-safe-data-heres-how-to-get-it-free/ "Hey Singaporeans — Your Parents Deserve Fast, Safe Data. Here’s How to Get It FREE.")
- Transport & Motoring
[](https://www.moneydigest.sg/commutes-adjust-as-public-transport-costs-rise-5-from-dec-27/ "Commutes Adjust as Public Transport Costs Rise 5% From Dec 27")
October 15, 2025
### [Commutes Adjust as Public Transport Costs Rise 5% From Dec 27](https://www.moneydigest.sg/commutes-adjust-as-public-transport-costs-rise-5-from-dec-27/ "Commutes Adjust as Public Transport Costs Rise 5% From Dec 27")
- Transport & Motoring
[](https://www.moneydigest.sg/how-a-s3-billion-scandal-stalled-singapores-luxury-car-market/ "How a S$3 Billion Scandal Stalled Singapore’s Luxury Car Market")
April 2, 2025
### [How a S\$3 Billion Scandal Stalled Singapore’s Luxury Car Market](https://www.moneydigest.sg/how-a-s3-billion-scandal-stalled-singapores-luxury-car-market/ "How a S$3 Billion Scandal Stalled Singapore’s Luxury Car Market")
- Transport & Motoring
[](https://www.moneydigest.sg/punggol-coast-mrt-station-opens-december-10-cutting-commute-times/ "Punggol Coast MRT Station Opens December 10, Cutting Commute Times")
October 11, 2024
### [Punggol Coast MRT Station Opens December 10, Cutting Commute Times](https://www.moneydigest.sg/punggol-coast-mrt-station-opens-december-10-cutting-commute-times/ "Punggol Coast MRT Station Opens December 10, Cutting Commute Times")
- Transport & Motoring
[](https://www.moneydigest.sg/east-west-line-back-on-track-after-6-day-delay/ "East-West Line Back on Track After 6-Day Delay")
October 2, 2024
### [East-West Line Back on Track After 6-Day Delay](https://www.moneydigest.sg/east-west-line-back-on-track-after-6-day-delay/ "East-West Line Back on Track After 6-Day Delay")
- Transport & Motoring
[](https://www.moneydigest.sg/public-transport-fares-to-increase-in-singapore-from-28-december-2024/ "Public transport fares to increase in Singapore from 28 December 2024")
September 9, 2024
### [Public transport fares to increase in Singapore from 28 December 2024](https://www.moneydigest.sg/public-transport-fares-to-increase-in-singapore-from-28-december-2024/ "Public transport fares to increase in Singapore from 28 December 2024")
- Travel & Entertainment
[](https://www.moneydigest.sg/singaporeans-can-now-travel-from-jb-kl-by-ets-train-in-4-5-hours/ "Singaporeans Can Now Travel From JB-KL by ETS Train in 4.5 Hours")
December 12, 2025
### [Singaporeans Can Now Travel From JB-KL by ETS Train in 4.5 Hours](https://www.moneydigest.sg/singaporeans-can-now-travel-from-jb-kl-by-ets-train-in-4-5-hours/ "Singaporeans Can Now Travel From JB-KL by ETS Train in 4.5 Hours")
- Travel & Entertainment
[](https://www.moneydigest.sg/koreas-underground-shopping-malls-that-locals-love/ "Korea’s Underground Shopping Malls That Locals Love")
November 25, 2025
### [Korea’s Underground Shopping Malls That Locals Love](https://www.moneydigest.sg/koreas-underground-shopping-malls-that-locals-love/ "Korea’s Underground Shopping Malls That Locals Love")
- Travel & Entertainment
[](https://www.moneydigest.sg/taiwan-shopping-guide-youll-actually-use/ "Taiwan Shopping Guide You’ll Actually Use")
November 25, 2025
### [Taiwan Shopping Guide You’ll Actually Use](https://www.moneydigest.sg/taiwan-shopping-guide-youll-actually-use/ "Taiwan Shopping Guide You’ll Actually Use")
- Travel & Entertainment
[](https://www.moneydigest.sg/s1-to-120-34-yen-singapore-dollar-hits-record-high-against-the-yen/ "S$1 to 120.34 yen: Singapore Dollar Hits Record High Against the Yen")
November 20, 2025
### [S\$1 to 120.34 yen: Singapore Dollar Hits Record High Against the Yen](https://www.moneydigest.sg/s1-to-120-34-yen-singapore-dollar-hits-record-high-against-the-yen/ "S$1 to 120.34 yen: Singapore Dollar Hits Record High Against the Yen")
- Travel & Entertainment
[](https://www.moneydigest.sg/5-top-rated-accommodations-in-dubai-united-arab-emirates-to-book-a-stay-in-2026/ "5 top-rated accommodations in Dubai, United Arab Emirates, to book a stay in 2026")
November 13, 2025
### [5 top-rated accommodations in Dubai, United Arab Emirates, to book a stay in 2026](https://www.moneydigest.sg/5-top-rated-accommodations-in-dubai-united-arab-emirates-to-book-a-stay-in-2026/ "5 top-rated accommodations in Dubai, United Arab Emirates, to book a stay in 2026")
- Lifestyle & Hobbies
[](https://www.moneydigest.sg/top-20-toto-winning-outlets-in-singapore-heres-where-the-most-jackpots-were-sold/ "Top 20 TOTO Winning Outlets in Singapore — Here’s Where the Most Jackpots Were Sold")
February 26, 2026
### [Top 20 TOTO Winning Outlets in Singapore — Here’s Where the Most Jackpots Were Sold](https://www.moneydigest.sg/top-20-toto-winning-outlets-in-singapore-heres-where-the-most-jackpots-were-sold/ "Top 20 TOTO Winning Outlets in Singapore — Here’s Where the Most Jackpots Were Sold")
- Lifestyle & Hobbies
[](https://www.moneydigest.sg/fairprice-xtra-launches-xtra-play-market-plushies-blind-boxes-viral-collectibles-await/ "FairPrice Xtra Launches Xtra Play Market — Plushies, Blind Boxes & Viral Collectibles Await")
January 16, 2026
### [FairPrice Xtra Launches Xtra Play Market — Plushies, Blind Boxes & Viral Collectibles Await](https://www.moneydigest.sg/fairprice-xtra-launches-xtra-play-market-plushies-blind-boxes-viral-collectibles-await/ "FairPrice Xtra Launches Xtra Play Market — Plushies, Blind Boxes & Viral Collectibles Await")
- Lifestyle & Hobbies
[](https://www.moneydigest.sg/lego-unveils-pokemon-sets-featuring-pikachu-eevee-charizard-blastoise-and-venusaur/ "LEGO Unveils Pokémon Sets Featuring Pikachu, Eevee, Charizard, Blastoise and Venusaur")
January 13, 2026
### [LEGO Unveils Pokémon Sets Featuring Pikachu, Eevee, Charizard, Blastoise and Venusaur](https://www.moneydigest.sg/lego-unveils-pokemon-sets-featuring-pikachu-eevee-charizard-blastoise-and-venusaur/ "LEGO Unveils Pokémon Sets Featuring Pikachu, Eevee, Charizard, Blastoise and Venusaur")
- Lifestyle & Hobbies
[](https://www.moneydigest.sg/spend-your-cdc-vouchers-at-giant-get-6-back-heres-how/ "Spend Your CDC Vouchers At Giant & Get $6 Back — Here’s How")
January 2, 2026
### [Spend Your CDC Vouchers At Giant & Get \$6 Back — Here’s How](https://www.moneydigest.sg/spend-your-cdc-vouchers-at-giant-get-6-back-heres-how/ "Spend Your CDC Vouchers At Giant & Get $6 Back — Here’s How")
- Lifestyle & Hobbies
[](https://www.moneydigest.sg/good-news-for-every-singaporean-household-300-cdc-vouchers-available-from-jan-2/ "Good News for Every Singaporean Household — $300 CDC Vouchers Available from Jan 2!")
January 2, 2026
### [Good News for Every Singaporean Household — \$300 CDC Vouchers Available from Jan 2\!](https://www.moneydigest.sg/good-news-for-every-singaporean-household-300-cdc-vouchers-available-from-jan-2/ "Good News for Every Singaporean Household — $300 CDC Vouchers Available from Jan 2!")
- [Deals](https://www.moneydigest.sg/public-transport-fares-to-increase-in-singapore-from-28-december-2024/ "Deals")
- - [All Deals](https://www.moneydigest.sg/public-transport-fares-to-increase-in-singapore-from-28-december-2024/)
- [Apparels](https://www.moneydigest.sg/category/deals/apparels/ "Apparels")
- [Dining](https://www.moneydigest.sg/category/deals/dining/ "Dining")
- [Shopping](https://www.moneydigest.sg/category/deals/shopping-shopping-deals/ "Shopping")
- [Travel](https://www.moneydigest.sg/category/deals/travel-deals/ "Travel")
- [Electronics & Gadgets](https://www.moneydigest.sg/category/deals/electronics-gadgets/ "Electronics & Gadgets")
- [Entertainment](https://www.moneydigest.sg/category/deals/entertainment/ "Entertainment")
- [Daily Living](https://www.moneydigest.sg/category/deals/dailyliving-shopping-deals/ "Daily Living")
- [Health & Beauty](https://www.moneydigest.sg/category/deals/health-beauty/ "Health & Beauty")
- [Expired](https://www.moneydigest.sg/category/deals/expired/ "Expired")
- Dining
[](https://www.moneydigest.sg/haidilao-spore-celebrates-32nd-anniversary-with-1-for-1-pork-collar-and-8-80-wagyu-promo-from-now-till-31-mar-26/ "Haidilao S’pore celebrates 32nd anniversary with 1-for-1 Pork Collar and $8.80 Wagyu Promo from now till 31 Mar 26")
March 6, 2026
### [Haidilao S’pore celebrates 32nd anniversary with 1-for-1 Pork Collar and \$8.80 Wagyu Promo from now till 31 Mar 26](https://www.moneydigest.sg/haidilao-spore-celebrates-32nd-anniversary-with-1-for-1-pork-collar-and-8-80-wagyu-promo-from-now-till-31-mar-26/ "Haidilao S’pore celebrates 32nd anniversary with 1-for-1 Pork Collar and $8.80 Wagyu Promo from now till 31 Mar 26")
- Shopping
[](https://www.moneydigest.sg/things-you-shouldnt-miss-at-fairprice-xtra-right-now-from-raya-exclusives-to-k-pop-ramyun/ "Things You Shouldn’t Miss at FairPrice Xtra Right Now — From Raya Exclusives to K-Pop Ramyun")
March 6, 2026
### [Things You Shouldn’t Miss at FairPrice Xtra Right Now — From Raya Exclusives to K-Pop Ramyun](https://www.moneydigest.sg/things-you-shouldnt-miss-at-fairprice-xtra-right-now-from-raya-exclusives-to-k-pop-ramyun/ "Things You Shouldn’t Miss at FairPrice Xtra Right Now — From Raya Exclusives to K-Pop Ramyun")
- Dining
[](https://www.moneydigest.sg/chagee-offering-1-for-1-fresh-milk-tea-l-at-orchardgateway-from-6-8-mar-26/ "CHAGEE offering 1-for-1 Fresh Milk Tea (L) at orchardgateway from 6 – 8 Mar 26")
March 6, 2026
### [CHAGEE offering 1-for-1 Fresh Milk Tea (L) at orchardgateway from 6 – 8 Mar 26](https://www.moneydigest.sg/chagee-offering-1-for-1-fresh-milk-tea-l-at-orchardgateway-from-6-8-mar-26/ "CHAGEE offering 1-for-1 Fresh Milk Tea (L) at orchardgateway from 6 – 8 Mar 26")
- Dining
[](https://www.moneydigest.sg/ladies-enjoy-50-off-coffee-bean-drinks-this-international-womens-day-on-8-mar/ "Ladies Enjoy 50% OFF Coffee Bean Drinks This International Women’s Day On 8 Mar")
March 5, 2026
### [Ladies Enjoy 50% OFF Coffee Bean Drinks This International Women’s Day On 8 Mar](https://www.moneydigest.sg/ladies-enjoy-50-off-coffee-bean-drinks-this-international-womens-day-on-8-mar/ "Ladies Enjoy 50% OFF Coffee Bean Drinks This International Women’s Day On 8 Mar")
- Apparels
[](https://www.moneydigest.sg/converse-is-dropping-limited-edition-swarovski-studded-hello-kitty-chuck-70s-and-theyre-seriously-adorable/ "Converse Is Dropping Limited-Edition Swarovski-Studded Hello Kitty Chuck 70s — And They’re Seriously Adorable")
March 5, 2026
### [Converse Is Dropping Limited-Edition Swarovski-Studded Hello Kitty Chuck 70s — And They’re Seriously Adorable](https://www.moneydigest.sg/converse-is-dropping-limited-edition-swarovski-studded-hello-kitty-chuck-70s-and-theyre-seriously-adorable/ "Converse Is Dropping Limited-Edition Swarovski-Studded Hello Kitty Chuck 70s — And They’re Seriously Adorable")
- Apparels
[](https://www.moneydigest.sg/converse-is-dropping-limited-edition-swarovski-studded-hello-kitty-chuck-70s-and-theyre-seriously-adorable/ "Converse Is Dropping Limited-Edition Swarovski-Studded Hello Kitty Chuck 70s — And They’re Seriously Adorable")
March 5, 2026
### [Converse Is Dropping Limited-Edition Swarovski-Studded Hello Kitty Chuck 70s — And They’re Seriously Adorable](https://www.moneydigest.sg/converse-is-dropping-limited-edition-swarovski-studded-hello-kitty-chuck-70s-and-theyre-seriously-adorable/ "Converse Is Dropping Limited-Edition Swarovski-Studded Hello Kitty Chuck 70s — And They’re Seriously Adorable")
- Apparels
[](https://www.moneydigest.sg/the-coffee-bean-tea-leaf-unveils-valentines-bunny-bag-with-tumbler/ "The Coffee Bean & Tea Leaf Unveils Valentine’s Bunny Bag with Tumbler")
January 16, 2026
### [The Coffee Bean & Tea Leaf Unveils Valentine’s Bunny Bag with Tumbler](https://www.moneydigest.sg/the-coffee-bean-tea-leaf-unveils-valentines-bunny-bag-with-tumbler/ "The Coffee Bean & Tea Leaf Unveils Valentine’s Bunny Bag with Tumbler")
- Apparels
[](https://www.moneydigest.sg/starbucks-bearista-bag-charms-are-dropping-on-14-january-26/ "Starbucks’ Bearista Bag Charms Are Dropping On 14 January 26")
January 13, 2026
### [Starbucks’ Bearista Bag Charms Are Dropping On 14 January 26](https://www.moneydigest.sg/starbucks-bearista-bag-charms-are-dropping-on-14-january-26/ "Starbucks’ Bearista Bag Charms Are Dropping On 14 January 26")
- Apparels
[](https://www.moneydigest.sg/pop-mart-to-drop-new-sanrio-x-skullpanda-plushies-on-dec-26th/ "POP MART to drop new Sanrio x Skullpanda Plushies on Dec, 26th")
December 21, 2025
### [POP MART to drop new Sanrio x Skullpanda Plushies on Dec, 26th](https://www.moneydigest.sg/pop-mart-to-drop-new-sanrio-x-skullpanda-plushies-on-dec-26th/ "POP MART to drop new Sanrio x Skullpanda Plushies on Dec, 26th")
- Apparels
[](https://www.moneydigest.sg/uniqlo-x-tamagotchi-ut-collection-drops-today-in-singapore/ "UNIQLO x Tamagotchi UT Collection Drops Today in Singapore")
December 15, 2025
### [UNIQLO x Tamagotchi UT Collection Drops Today in Singapore](https://www.moneydigest.sg/uniqlo-x-tamagotchi-ut-collection-drops-today-in-singapore/ "UNIQLO x Tamagotchi UT Collection Drops Today in Singapore")
- Dining
[](https://www.moneydigest.sg/haidilao-spore-celebrates-32nd-anniversary-with-1-for-1-pork-collar-and-8-80-wagyu-promo-from-now-till-31-mar-26/ "Haidilao S’pore celebrates 32nd anniversary with 1-for-1 Pork Collar and $8.80 Wagyu Promo from now till 31 Mar 26")
March 6, 2026
### [Haidilao S’pore celebrates 32nd anniversary with 1-for-1 Pork Collar and \$8.80 Wagyu Promo from now till 31 Mar 26](https://www.moneydigest.sg/haidilao-spore-celebrates-32nd-anniversary-with-1-for-1-pork-collar-and-8-80-wagyu-promo-from-now-till-31-mar-26/ "Haidilao S’pore celebrates 32nd anniversary with 1-for-1 Pork Collar and $8.80 Wagyu Promo from now till 31 Mar 26")
- Dining
[](https://www.moneydigest.sg/chagee-offering-1-for-1-fresh-milk-tea-l-at-orchardgateway-from-6-8-mar-26/ "CHAGEE offering 1-for-1 Fresh Milk Tea (L) at orchardgateway from 6 – 8 Mar 26")
March 6, 2026
### [CHAGEE offering 1-for-1 Fresh Milk Tea (L) at orchardgateway from 6 – 8 Mar 26](https://www.moneydigest.sg/chagee-offering-1-for-1-fresh-milk-tea-l-at-orchardgateway-from-6-8-mar-26/ "CHAGEE offering 1-for-1 Fresh Milk Tea (L) at orchardgateway from 6 – 8 Mar 26")
- Dining
[](https://www.moneydigest.sg/ladies-enjoy-50-off-coffee-bean-drinks-this-international-womens-day-on-8-mar/ "Ladies Enjoy 50% OFF Coffee Bean Drinks This International Women’s Day On 8 Mar")
March 5, 2026
### [Ladies Enjoy 50% OFF Coffee Bean Drinks This International Women’s Day On 8 Mar](https://www.moneydigest.sg/ladies-enjoy-50-off-coffee-bean-drinks-this-international-womens-day-on-8-mar/ "Ladies Enjoy 50% OFF Coffee Bean Drinks This International Women’s Day On 8 Mar")
- Dining
[](https://www.moneydigest.sg/unlimited-prata-for-9-90-yes-its-happening-again/ "Unlimited Prata for $9.90? Yes, It’s Happening Again")
March 3, 2026
### [Unlimited Prata for \$9.90? Yes, It’s Happening Again](https://www.moneydigest.sg/unlimited-prata-for-9-90-yes-its-happening-again/ "Unlimited Prata for $9.90? Yes, It’s Happening Again")
- Dining
[](https://www.moneydigest.sg/abalone-in-bubble-tea-malaysia-is-selling-this-for-rm17-90/ "Abalone… In Bubble Tea?! Malaysia Is Selling This for RM17.90")
March 2, 2026
### [Abalone… In Bubble Tea?! Malaysia Is Selling This for RM17.90](https://www.moneydigest.sg/abalone-in-bubble-tea-malaysia-is-selling-this-for-rm17-90/ "Abalone… In Bubble Tea?! Malaysia Is Selling This for RM17.90")
- Shopping
[](https://www.moneydigest.sg/things-you-shouldnt-miss-at-fairprice-xtra-right-now-from-raya-exclusives-to-k-pop-ramyun/ "Things You Shouldn’t Miss at FairPrice Xtra Right Now — From Raya Exclusives to K-Pop Ramyun")
March 6, 2026
### [Things You Shouldn’t Miss at FairPrice Xtra Right Now — From Raya Exclusives to K-Pop Ramyun](https://www.moneydigest.sg/things-you-shouldnt-miss-at-fairprice-xtra-right-now-from-raya-exclusives-to-k-pop-ramyun/ "Things You Shouldn’t Miss at FairPrice Xtra Right Now — From Raya Exclusives to K-Pop Ramyun")
- Shopping
[](https://www.moneydigest.sg/fairprice-xtra-launches-xtra-lab-%E9%9C%B8%E9%9C%B8%E5%BA%97-with-over-600-products-featuring-viral-snacks-exclusive-firsts-instagram-worthy-treats/ "FairPrice Xtra Launches Xtra Lab: 霸霸店 With Over 600 Products — Featuring Viral Snacks, Exclusive Firsts & Instagram-Worthy Treats")
February 12, 2026
### [FairPrice Xtra Launches Xtra Lab: 霸霸店 With Over 600 Products — Featuring Viral Snacks, Exclusive Firsts & Instagram-Worthy Treats](https://www.moneydigest.sg/fairprice-xtra-launches-xtra-lab-%E9%9C%B8%E9%9C%B8%E5%BA%97-with-over-600-products-featuring-viral-snacks-exclusive-firsts-instagram-worthy-treats/ "FairPrice Xtra Launches Xtra Lab: 霸霸店 With Over 600 Products — Featuring Viral Snacks, Exclusive Firsts & Instagram-Worthy Treats")
- Shopping
[](https://www.moneydigest.sg/sanrio-collectables-rewards-festive-displays-are-back-at-far-east-malls/ "Sanrio Collectables, Rewards & Festive Displays Are Back at Far East Malls")
January 29, 2026
### [Sanrio Collectables, Rewards & Festive Displays Are Back at Far East Malls](https://www.moneydigest.sg/sanrio-collectables-rewards-festive-displays-are-back-at-far-east-malls/ "Sanrio Collectables, Rewards & Festive Displays Are Back at Far East Malls")
- Shopping
[](https://www.moneydigest.sg/get-a-4-return-voucher-at-fairprice-with-every-50-nett-spend-in-a-single-receipt-from-3-9-oct-24/ "Get a $4 Return Voucher at FairPrice with every $50 nett spend in a single receipt, from 3 – 9 Oct 24")
October 2, 2024
### [Get a \$4 Return Voucher at FairPrice with every \$50 nett spend in a single receipt, from 3 – 9 Oct 24](https://www.moneydigest.sg/get-a-4-return-voucher-at-fairprice-with-every-50-nett-spend-in-a-single-receipt-from-3-9-oct-24/ "Get a $4 Return Voucher at FairPrice with every $50 nett spend in a single receipt, from 3 – 9 Oct 24")
- Shopping
[](https://www.moneydigest.sg/pokemon-3d-builder-sets-other-pokemon-merchandise-now-available-with-7-elevens-latest-shop-earn-stamps-programme/ "Pokémon 3D Builder Sets & other Pokémon merchandise now available with 7-Eleven’s latest Shop & Earn Stamps Programme")
September 18, 2024
### [Pokémon 3D Builder Sets & other Pokémon merchandise now available with 7-Eleven’s latest Shop & Earn Stamps Programme](https://www.moneydigest.sg/pokemon-3d-builder-sets-other-pokemon-merchandise-now-available-with-7-elevens-latest-shop-earn-stamps-programme/ "Pokémon 3D Builder Sets & other Pokémon merchandise now available with 7-Eleven’s latest Shop & Earn Stamps Programme")
- Travel
[](https://www.moneydigest.sg/singapore-airlines-launches-sale-to-over-70-destinations-from-s168-book-from-4-16-mar-26/ "Singapore Airlines launches sale to over 70 destinations from S$168. Book from 4 – 16 Mar 26")
March 3, 2026
### [Singapore Airlines launches sale to over 70 destinations from S\$168. Book from 4 – 16 Mar 26](https://www.moneydigest.sg/singapore-airlines-launches-sale-to-over-70-destinations-from-s168-book-from-4-16-mar-26/ "Singapore Airlines launches sale to over 70 destinations from S$168. Book from 4 – 16 Mar 26")
- Travel
[](https://www.moneydigest.sg/fly-to-europe-from-sgd-685-etihads-limited-time-sale-now-on/ "Fly to Europe from SGD 685: Etihad’s Limited-Time Sale Now On")
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# Public transport fares to increase in Singapore from 28 December 2024
September 9, 2024
[Celeste Elle](https://www.moneydigest.sg/author/celesteleemh/)
 Image Credits: mot.gov.sg
Public transportation fares are set to increase in December, from the 28th.
Adult commuters will see a 10-cent hike per trip on buses and trains while students, seniors, and those with disabilities will pay 4 cents more per journey.
Monthly passes remain unchanged.
Overall fares will rise 6%, down from 7% last year.
The good news is that lower-income households can get \$60 transit vouchers, up from \$50 last year.
More people now qualify for the vouchers, with the monthly income limit per person increasing to \$1,800 from \$1,600.
This means an additional 60,000 households will benefit from the vouchers.
##### **Why the increase?**
Regulator PTC cited inflation, wage growth, and past deferred increases as reasons for the hike.
While energy prices dropped from 2022 peaks, core inflation and strong wage growth factored into the 3.3% increase under PTC’s formula.
An additional 15.6% was deferred from prior years, allowing for up to 18.9% in total.
However, PTC chose a more modest 6% to cushion costs for commuters.
Chairperson Janet Ang noted the deferred amount accumulated due to spiking energy prices and inflation in 2021 to 2022.
This marks the second review under PTC’s new formula aimed at stabilizing fares.
##### **The nitty gritty**
Singapore’s public transport fare formula has five components: core consumer price index (cCPI), wage index (WI), energy index (EI), productivity, and network capacity.
For 2023 to 2027, productivity and capacity factors now have fixed values for stability.
Productivity contribution is minus 0.1%, while network capacity is 1.1%.
This year, the indexes increased cCPI by 2.1%, WI by 2.1%, and EI dropped 1.9%.
With fixed productivity and capacity, fares can rise by 3.3%.
Adding the 15.6% carried-over allows an 18.9% maximum increase.
However, the Public Transport Council approved only a 6% hike, leaving 12.9% for next year/future reviews.
##### **Finding a win-win solution for all**
The upcoming 6% fare increase will lower the deferred amount to 12.9% for the next review.
This helps narrow the gap between cost and fares, said Ms. Ang from the PTC, adding that the PTC will balance financial sustainability with affordability.
Meanwhile, the PTC encourages monthly passes to cap expenses.
##### **Extended concession fares for graduating students**

In addition to the abovementioned news, starting 28 December 2024, graduating students in Singapore can continue enjoying discounted transit fares for four months after finishing school.
Currently, secondary and post-secondary students receive concession fares.
However, some faced paying full price before enrolling in another school.
In response to parent and student feedback, our Transport Minister requested the PTC to extend fares.
PTC agreed to the request, granting graduating students concessions for four months post-graduation, which will start this year.
Around 75,000 students annually will benefit.
To extend validations, this year’s graduates can tap cards at any ticketing machines located in MRT or bus stations from 1 October to 31 December 2024.
They can also visit a ticketing counter for more assistance.
Future graduating classes will get extension details from their schools.
**Tags:** [bus fares](https://www.moneydigest.sg/tag/bus-fares/)[MRT fares](https://www.moneydigest.sg/tag/mrt-fares/)[public transport fares](https://www.moneydigest.sg/tag/public-transport-fares/)
[](https://www.moneydigest.sg/author/celesteleemh/)
### By [**Celeste Elle**](https://www.moneydigest.sg/author/celesteleemh/)
View all articles by **[Celeste Elle](https://www.moneydigest.sg/author/celesteleemh/ "Posts by Celeste Elle")**
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December 27, 2023
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| Readable Markdown |  Image Credits: mot.gov.sg
Public transportation fares are set to increase in December, from the 28th.
Adult commuters will see a 10-cent hike per trip on buses and trains while students, seniors, and those with disabilities will pay 4 cents more per journey.
Monthly passes remain unchanged.
Overall fares will rise 6%, down from 7% last year.
The good news is that lower-income households can get \$60 transit vouchers, up from \$50 last year.
More people now qualify for the vouchers, with the monthly income limit per person increasing to \$1,800 from \$1,600.
This means an additional 60,000 households will benefit from the vouchers.
##### **Why the increase?**
Regulator PTC cited inflation, wage growth, and past deferred increases as reasons for the hike.
While energy prices dropped from 2022 peaks, core inflation and strong wage growth factored into the 3.3% increase under PTC’s formula.
An additional 15.6% was deferred from prior years, allowing for up to 18.9% in total.
However, PTC chose a more modest 6% to cushion costs for commuters.
Chairperson Janet Ang noted the deferred amount accumulated due to spiking energy prices and inflation in 2021 to 2022.
This marks the second review under PTC’s new formula aimed at stabilizing fares.
##### **The nitty gritty**
Singapore’s public transport fare formula has five components: core consumer price index (cCPI), wage index (WI), energy index (EI), productivity, and network capacity.
For 2023 to 2027, productivity and capacity factors now have fixed values for stability.
Productivity contribution is minus 0.1%, while network capacity is 1.1%.
This year, the indexes increased cCPI by 2.1%, WI by 2.1%, and EI dropped 1.9%.
With fixed productivity and capacity, fares can rise by 3.3%.
Adding the 15.6% carried-over allows an 18.9% maximum increase.
However, the Public Transport Council approved only a 6% hike, leaving 12.9% for next year/future reviews.
##### **Finding a win-win solution for all**
The upcoming 6% fare increase will lower the deferred amount to 12.9% for the next review.
This helps narrow the gap between cost and fares, said Ms. Ang from the PTC, adding that the PTC will balance financial sustainability with affordability.
Meanwhile, the PTC encourages monthly passes to cap expenses.
##### **Extended concession fares for graduating students**

In addition to the abovementioned news, starting 28 December 2024, graduating students in Singapore can continue enjoying discounted transit fares for four months after finishing school.
Currently, secondary and post-secondary students receive concession fares.
However, some faced paying full price before enrolling in another school.
In response to parent and student feedback, our Transport Minister requested the PTC to extend fares.
PTC agreed to the request, granting graduating students concessions for four months post-graduation, which will start this year.
Around 75,000 students annually will benefit.
To extend validations, this year’s graduates can tap cards at any ticketing machines located in MRT or bus stations from 1 October to 31 December 2024.
They can also visit a ticketing counter for more assistance.
Future graduating classes will get extension details from their schools. | |||||||||||||||||||||
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