Tag Archives: Hostel

LOCAL UNI INCREASE HOSTEL FEES DESPITE BILLIONS IN SURPLUSES FOR PAST 6 YEARS?

Since 2009, the cost of staying in a non air-conditioned double room has risen from about S$155 a month per person to about S$245. The monthly rental for an air-conditioned single room has also risen, from S$280 to S$395 over the same period. It costs about S$425 for a similar room at a new hall.” Is there really a need to increase hostel fees by as much as 6.8 per cent per annum, when the surplus for 2015, 2014, 2013, 2012, 2011, 2010 was $236.9, $200.9, $148.8, $74.2, $153.8, $207.1 million, respectively?

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