Look at Alex Tan spreading half truths about the survey that shows our rail transport fare is one of the cheapest in the world.
He claimed PTC left out the distance traveled and had no reference to purchasing power thus the survey is flawed.
But the fact is, PTC did use the distance of 10km and referencing to the purchasing power of each country factoring the cost of living to come up with conclusion!
The 10km data point is meant to reflect the average journey distance for commuters in Singapore, said Mr Magnus. In Singapore, a 10km journey would cost S$1.33.Mr Magnus said that fares for the other cities were converted to Singapore dollars based on each city’s purchasing power parity, where available. The adjustments account for any differences in strength of currency and cost of living across the regions, he added.
A PTC spokesperson said the survey findings would be used as a benchmark to monitor Singapore’s public transport fares.
“We will continue to conduct such comparison studies, to ensure that we are kept abreast of international fare trends and uphold PTC’s commitment to keep fares affordable for our commuters, while ensuring the sustainability of our public transport system,” Mr Magnus wrote in his blog post.