Owners of commercial vehicles weighing between 1,801kg and 2,000kg in Singapore will pay lower monthly season parking fees starting August 1, 2026, at both HDB and URA carparks [1, 2]. The fees at HDB carparks will drop to between $80 and $110 per month for a resident’s first vehicle, down from the previous $185 [1, 2]. At URA carparks, fees for these commercial vehicles will be cut to $90 per month from the former range of $120 to $160 [1, 2].
The reduced fees now align with the rates charged for passenger cars: $80-$110 at HDB and $90 at URA [1, 2]. Minister for National Development Chee Hong Tat announced the changes on June 8, 2026, via Facebook, calling it part of a pro-business policy review [1, 2]. He said, "The revised fees will match the rate for passenger cars," emphasizing the easing of cost burdens for commercial vehicle owners [1]. He also expressed gratitude in Chinese for assistance in making the policy more business-friendly and user convenient [2].
About 2,000 existing season parking holders, including owners of small and medium-sized enterprises and new applicants, are expected to benefit from the fee reduction [1, 2]. Both HDB and URA will notify current season parking holders by letter about the new fees [1, 2]. The new fee schedule applies to season parking passes purchased in July 2026 for use from August 1 onward [1, 2].
Commercial vehicle owners can begin purchasing season parking passes at the revised lower rates starting July 2026 [1, 2]. The changes take effect on August 1, 2026, reflecting government efforts to support business costs for commercial vehicle operators in Singapore [1, 2].