Tram fares to hike by 10 to 30 cents starting May 12

Tram passengers will have to pay as much as 30 cents more per ride from May 12, as the government approved the proposal to hike fares by 6 to 10 percent from Hong Kong Tramways on Tuesday.

The tram operator will raise fare for adults to HK$3.30 from HK$3, and those for children aged three to 11 and seniors to HK$1.60 from HK$1.50.

The monthly ticket fare, currently at $260, will remain unchanged.

In considering the application, the government said it had taken into account various factors, including service quality, planned improvement projects, future operating costs, revenue, and the likely public acceptability.

The government noted that since 2022, the tram company has faced competition, reduced patronage post-pandemic, and limited non-fare revenue growth, while contending with rising costs and ongoing investments in track and tram upgrades.

Authorities highlighted the operator’s plan to launch a new mobile application in the second quarter, offering service information like real-time estimated arrival times to enhance passengers’ ride experience.

The government said it considered the fare increase necessary for maintaining the tram’s stable operation, and that the proposed increase level by Hong Kong Tramways is acceptable.

“After the fare increase, the tramway remains the most economical means of transportation serving the northern shore of Hong Kong Island,” a government spokesperson said.

The authorities pledged to continue encouraging and assisting the operator in exploring different revenue sources to capitalize on new tourism opportunities while preserving its historical value.

Hong Kong Tramways welcomed the government’s approval, saying it will greatly contribute to ensuring the sustainable operation and development of the tram services. 

The company pledged to provide safe, eco-friendly, and convenient transportation while preserving Hong Kong’s historical and cultural heritage.

(Jamie Liu)