Based on inputs from newspapers article dated 6th and 7th Dec, here are some finding after doing up the modelling.
1) Revised rate translates roughly to an average fare increase of 18.9% across for all commuters.
2) With changes on peak-hour surcharge duration, one should avoid the following hours with highest fare hike rate:
- 6am to 7am & 8pm to 12nm => +34%
3) There is fare reduction (less 1%) at the following hours due to surcharge reduction from 35% to 25%
- 7am to 9:30am & 6pm to 8pm
4) There will be saving if you often commute between 5pm to 6pm (less 21%) due to removal of perk hour surcharge at this period.
Attached is the detail current and revised fare modelling and assumptions -
