Due to the continuous increase of operation costs in the past few years, The Link REIT ("The Link") has decided to adjust the monthly parking fees of some its car parks after reviewing the situation of each individual car park as well as the prevailing rates of the car parks in the same district, with a view to recovering part of the increase in expenses while remaining attractive to the users. The new fee structure will be effective from 1st April 2011 and details are as follows:

Monthly parking fees for private cars
Monthly parking fee for some 121 car parks under The Link's portfolio will remain unchanged, while the monthly fee for remaining 55 (around 30% of the total) will be adjusted upwardly by around 7.1% (please see full list in Appendix A). The monthly fee for one car park (Wan Tsui) however will be decreased by 26.3%.

Monthly parking fees for lorries
Monthly parking fee for some 49 car parks under The Link's portfolio will remain unchanged, while the monthly fee for the other 74 (around 58% of the total) will be increased by around 5.9%; (please see full list in Appendix B). The monthly fee for 3 car parks (Tin Chak, Tin Wah and Tin Yuet) however will be decreased by 18.6%.

Monthly parking fees for motorcycles and "One-Link Pass" holders
All motorcycles and "One-Link Pass" holders will have their fees increased by a flat rate of $50. The new rate for all "One-Link Passes" is $438. Holders of "One-Link Pass" can enjoy free parking at the hourly parking bays of all of The Link's 161 car parks from 0800 to 2400 everyday, in addition to using their monthly rented parking space at the designated car park.

The Link has not increased its monthly parking fees for lorries and motorcycles since these fees were frozen in January and June 2008 respectively. Moreover, monthly parking fee for private cars has not been upwardly adjusted since October 2009. According to a recent survey by The Link, the new monthly parking fees of most of our car parks will still be lower than other car parks in the same district. Meanwhile, The Link will continue to uphold its policy that monthly parking fees will not be increased for more than once within the year, and notice will be given to all customers at least one month prior to the effective date of any adjustment.

In addition to its regular car park promotions, The Link will continue to offer meaningful benefits such as half-price discount for all parking used by the holders of 'Disabled Person’s Parking Permit' and 'Parking Certificate for Drivers Who Carry People with Mobility Disabilities', and has also recently launched a new 'EV Pass' for users of Electric Vehicles which allows them to park their cars free of charge at designated times and car parks.

For further information of car park, please contact the office of our car parks, call the Customer Service Hotline at 3168 0080, or visit our website at http://www.thelinkreit.com/tc/parking/park.asp

Involved Carparks