KL-Singapore High Speed Rail – fares key to success, say experts

KL-Singapore High Speed Rail – fares key to success, say experts

KUALA LUMPUR, 29 August: Experts have suggested that the fare structure of the Kuala Lumpur-Singapore High-Speed Rail (HSR) will play a crucial role in drawing more commuters to use the service.

KGV International Property Consultants executive director Samuel Tan said research showed that an HSR ticket should not be priced more than 40% of the people’s daily cost of driving, which includes toll and petrol expenses.

“People will not opt to travel with HSR if the tickets are too expensive, therefore, it will not help ease traffic congestion and will go against the objective of encouraging more people to travel by train,” he said.

He was speaking to Bernama on the sidelines of “The Edge Property Symposium on HSR 2016” here on Saturday.

Tan said how much the people will have to fork out from their monthly take-home pay is another parameter to consider in deciding on the ticket prices for the service.

“If they have to spend a higher percentage of their take-home pay on the HSR, this will further burden the people and prohibit them from using the facility,” he said.

Echoing Tan’s views, Savills (Malaysia) Sdn Bhd executive chairman Christopher Boyd said it is crucial for the railway operator to offer a special deal for commuters who travel on a daily basis, especially to and from Putrajaya and Seremban. “Otherwise, they will still continue driving to work.”

He also said the railway operator should ensure that ticket prices remain stable and will not increase in the short term in order to encourage more people to consider using the facility as their long-term mode of travel.

“But for the people who travel from KL to Singapore, I think they would pay a slightly higher price per trip because the HSR will significantly shorten the travel times,” Boyd said.

On connectivity along the stations, Tan said the government or developers should ensure that the stations are integrated with other modes of transport to allow door-to-door service. “They must offer top-notch feeder connectivity, shuttle bus and taxi services at the stations to encourage more commuters.”

— THE SUN

Share