Showing posts with the label taxi access to Park Island

Permanent taxi access to Park Island confirmed

Well, you heard it from me first in my earlier post on the Park Island blog:
I can now confirm, Park Island has been opened up to 24/7 taxi access. I really feel this is long over due, and I suspect the reason why it was not granted sooner was that the ferry service operator was trying to protect its monopoly on public access to Park Island.
A number of people predicted this would happen, and they clearly were now correct.
We must again thanks Justin Tseng who has been pushing for open taxi access to be granted.
In my earlier post I speculated that if confirmed, the increased taxi access might lead to minor price increases on Park Island, as higher income earners, who are less prices sensitive and who are willing to pay extra for the ease of taxis rather than the ferry or the bus, will be more inclined to rent or buy on Park Island knowing that Park Island has 24/7 taxi access, is 15 minutes aw…

Ferry Services on Park Island - will the ferry fares go up?

Over the last month or so, more residents on Park Island have become aware of wrangling between the ferry service provider to Park Island, Park Island Transport Company Limited ("PITCL") and the Park Island Owners Committee regarding the ferry charges.
For historical reasons, the raising of ferry charges in Hong Kong is a very sensitive issue. People unfamiliar with why this issue is sensitive may want to read up on what happened back in 1966 when the Star Ferry proposed raising prices:
PITCL is now a wholly-owned subsidiary of Sun Hung Kai Properties Limited. It not only runs the ferry services but also the bus services to Park Island.
There is no doubt that the bus services to Park Island are very profitable for PITCL. Some of the ferry trips are also profitable for PITCL, especially weekend ferry services and rush hour times, eg 7.30am to 9.30am and 5pm to 8.30pm. For times outside …