Temasek Emeritus, 22 Apr 2012
Hong Kong’s average rapid transit fare was reported as 2.13% of Hong Kong median daily income. This is more than twice that of Singapore’s average rapid transit fare of 0.9% of Singapore median daily income [1].
The following table was constructed using data from MTR’s annual report 2010 [2] and a report from Hong Kong’s census and statistics department [3]. It shows that Hong Kong’s airport express and cross boundary service are a lot pricier than its domestic and light rail services.
Considering there are no equivalent to airport express and cross boundary service in Singapore, it would be fairer to leave these out when comparing Hong Kong’s MTR with our MRT. Considering only the domestic and light rail services, Hong Kong’s rapid transit fare is just 1.5% of Hong Kong median daily income, much lower than the 2.13% given in the Straits Times article. Full story