Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/223783
Title: RETHINKING CAR PARKING STANDARD IN SINGAPORE: AN EVALUATION OF LTA & URA'S RANGE-BASED CAR PARKING STANDARD (RCPS)
Authors: FONG CHU XI
Keywords: Real Estate
Diao Mi
RE
2017/2018 RE
Minimum Car Parking Provision
Car Ownership
Parking Supply
Sustainable Transport
Parking Policies
Issue Date: 8-May-2018
Citation: FONG CHU XI (2018-05-08). RETHINKING CAR PARKING STANDARD IN SINGAPORE: AN EVALUATION OF LTA & URA'S RANGE-BASED CAR PARKING STANDARD (RCPS). ScholarBank@NUS Repository.
Abstract: Even though Singapore is moving towards becoming a car-lite society, its minimum car parking standard goes against all other policies and initiatives that promotes sustainable travel behaviour and reducing car ownership. In 2005, the Range-based Car Parking Standard (RCPS) was introduced by the Urban Redevelopment Authority (URA) and Land Transport Authority (LTA) after the Car Parking Standard (CPS) was revised and the Minimum Allowable Provision (MAP) lowered. However, since then, the RCPS has not been reviewed. Hence, this dissertation attempts to identify the causal effect of parking supply, which is affected by RCPS, on households’ car ownership. Difference-in-difference estimation (DID) using the probit regression was used to estimate the causal relationship between the minimum car parking provision and households’ car ownership. The study finds that the RCPS is not effective in influencing households’ car ownership. Instead, a household’s demographics was found to have a greater impact on car ownership. The results of the probit model were checked against the logit model and linear probability model (LPM) to ensure their validity. In order to examine the impact of the availability of transport services on households’ car ownership decisions, subsample analysis was conducted. The results found that RCPS was only effective in reducing households’ car-owning decisions for households staying near single train stations. A household’s demographics was also observed to have a greater impact on car ownership for households staying near single stations, as compared to those staying near well-connected stations. This has important implications on policy-making. Parking solutions should be a commuter-centric effort between the public and private sectors and supply of parking lots should relate to the broader objective of sustainable transportation.
URI: https://scholarbank.nus.edu.sg/handle/10635/223783
Appears in Collections:Bachelor's Theses

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