Parking fees and tolls are set to rise in the new year, causing more headaches for car owners.
Windsor House in Causeway Bay will charge up to HK$46 an hour while Tate’s Cairn Tunnel is raising its toll by 12 percent on average starting Jan. 1, the Hong Kong Economic Times reported on Monday.
The Housing Authority also announced fees for its carparks will rise between 4 and 7 percent in the new year.
The government also plans to increase fines for parking violations by 50 percent starting 2017.
Ringo Lee Yiu-pui, vice president of Hong Kong Automobile Association, said carpark fees in popular retail shops are also set to increase, and will definitely be a blow to car owners.
Wilson Parking Hong Kong, which manages the carparks at the World Trade Centre in Causeway Bay, New Mandarin Plaza and the Sun Arcade in Tsim Sha Tsui, did not comment on whether it will increase parking fees starting Jan. 1.
Elements, a large shopping mall in West Kowloon, said it has no plans to adjust parking fees but it will conduct reviews from time to time.
Meanwhile, the Transport Department is processing fee increase applications on four ferry routes, including the Star Ferry’s routes between Tsim Sha Tsui and Central and Tsim Sha Tsui and Wan chai, as well as Park Island Transport Company Ltd.’s routes between Ma Wan and Central and Ma Wan and Tsuen Wan.
The proposed fee hikes ranged from 4.1 to 17.9 percent, sources at the transport department said.
The two Star Ferry routes last adjusted their fees in 2012, and the Ma Wan routes raised ticket prices by nearly 12 percent last year.
Some 180 green minibuses routes have also sought to raise fees this year, with 31 of them already granted approval for increases ranging from HK$0.1 to HK$0.7 per trip.
Applications for the other 111 routes are also under review. The proposed increases are between HK$0.2 and HK$2.9 per trip.
Fees for 117 government services will also be adjusted upward starting in the new year, while entertainment services, such as Ocean Park and Ngong Ping 360, have already announced increases in ticket prices.
Economist Mo Pak-hung of the Hong Kong Baptist University said Hong Kong people will see greater buying power as wages are forecast to increase by an average of 3 percent while the local inflation rate for 2016 will remain moderate at 1 to 2 percent, thanks to a strong dollar lowering the cost of imports.
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