Money faced LTA(Singapore) lost touch, squandered S$4.7 + million on useless white elephant. - Politics | PoFo

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Money faced LTA lost touch, squandered S$4.7 + million on useless white elephant.


They probably imagined their project to be hugely profitable at approx $225/hour if all 500 bicycle parking lots were used at 45¢/hour (approx $5000/day, $1.5 million p. a.).

But even motorcycle parking in sheltered parking is cheaper at just 20¢/hour with max fee at 65¢/ session. ... %20session.

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