That's the PIE sliproad into CTE. And FYI, more gantries on the way...
Didn't we see this coming since 2 years back? It's no big surprise.
What is surprising is that car park rates are still lagging behind... shouldn't the rates be going up faster? Especially with land prices this high, parking rates should increase by at least another 50% (to be in line with other major cities). Otherwise there is no incentive to build car park spaces over office & retail spaces.
Although the road length (in lane-km) available to per vehicle has reduced by about 10% in the last 10 years (*calculated based on figures released by LTA) and vehicle population has increased from 683,000 in 1997 to now over 800,000 (17% increase), we still have plenty of roads left to use. We have much better average speeds compared to Thailand, Hong Kong, Tokyo, etc.
Problems with road congestion? Well, As long as you don't live anywhere along the PIE, the CTE and work in town, you should be fine. Won't you agree that the roads in Lim Chu Kang, Neo Tiew, Tuas South Ave 10, Changi Perimeter Road, etc are rather free flowing even during peak hours? Ever considered looking for a place to live in those areas?
Dumping the car and switch over to public transport? MRT? Taxis? You won't want to get me started on Taxis..