|Type||Public (SGX: SBSTransit)|
1973 (as Singapore Bus Services)
2001 (as SBS Transit)
|Key people||Lim Jit Poh (Chairman)
Kua Hong Pak (Deputy Chairman) Gan Juay Kiat (CEO)
|Products||Bus and Rail Services in Singapore|
|Revenue||S$697.1 million SGD (2009)|
|Operating income||S$63 million SGD (2009)|
|Net income||S$54.6 million SGD (2009)|
SBS Transit Limited (simplified Chinese: 新捷运; traditional Chinese: 新捷運; pinyin: Xīnjiéyùn, SGX: S61) is apublic transport operator in Singapore. Its major competitor in Singapore's duopoly transport system is SMRT Corporation, which also operates bus, rail, taxi and other transport services.
The company (organisation) was formed as a separately listed subsidiary in November 1997 under the name ofSingapore Bus Services Limited, although it can trace its history back to the formation of Singapore Bus Service in 1973 with the merger of three bus companies. On 1 November 2001, the company's name was changed to SBS Transit Limited to reflect its status as a bus and rail operator.
In 2003, SBS Transit started operating the North East MRT Line of the Mass Rapid Transit system in addition to its existing bus operations. On 29 August 2011, SBS Transit was given the operation license for the Downtown MRT Line, which would start in 2013.
Singapore Bus Service (SBS) was initially formed in 1973 with the merger of three private bus companies. The government-sanctioned merger was undertaken to improve service standards of the bus transport system.
With the shift towards the creation of multi-modal transport companies, Singapore Bus Service Ltd changed its name to DelGro Corporation Limited in November 1997. Bus operations were hived-off to a fully owned subsidiary called Singapore Bus Services Limited, which was separately listed on the Singapore Exchange.
In November 2001, Singapore Bus Services Limited was renamed as SBS Transit Limited when the company formally became a multi-modal transport operator with the impending opening of the Sengkang LRT Line.
SBS Transit's primary business is providing public transport services in Singapore. Its more notable operations are the following.
- Bus operations in Singapore, comprising a fleet of about 3,000 buses, serving almost the entire island.
- Rapid transit operations along the North East Line of the MRT network and its 16 stations.
- Light rail operations and manages the 29 stations along the Sengkang and Punggol LRT line.
Mass Rapid Transit (MRT)Modifier
The North East Line is the third Mass Rapid Transit line in Singapore, and also the world's first fully underground and automated rapid transit line. The line is 20km long with 16 stations. The operating license was given to SBS Transit in order to foster competition with SMRT Corporation and to create multi-modal public transport companies, each specializing in their own district. The tender spans from 2003 to 2033.
As the name implies, the North East Line connects central Singapore to the north-eastern part of the island. Currently, transfers to the North South Line are provided at Dhoby Ghaut Station, East West Line at Outram Park Station and Circle Line at Serangoon Station , Dhoby Ghaut Station & HarbourFront Station . The rolling stock used is Alstom Metropolis.
The Downtown Line is the fifth Mass Rapid Transit line in Singapore. With 34 stations, the 42km-long line would be the world's longest fully underground and automated rapid transit line when completed in 2017. This is the first rail line put up for competitive tender under the new rail financing framework that LTA adopted to benefit commuters through the expansion of the Rapid Transit System (RTS) network while enabling the government to keep pace with growing ridership demand. The tender will span from 2017 to 2032.
Meanwhile, for the Downtown line, it connects residents staying in the North-western and Central-eastern to the new downtown. Transfers to this line from the North East Line is available at Chinatown and Little India stations, the North South Line at Newton Station and Bukit Panjang Station(Bukit Panjang LRT), the East West Line at Bugis and Tampines stations, the Circle Line at MacPherson, Bayfront, Promenade and Botanic Gardens stations. The rolling stock used is Bombardier MOVIA.
|Class||Image||Type||Top speed||Trains||Cars||Routes operated||Built|
|C751A||||electric multiple units||60||100||25||150||North East Line||2000 - 2003|
|C951||||electric multiple units||80||90||73||219||Downtown Line||2012 - 2016|
|C751C||electric multiple units||60||100||
|North East Line||Currently tendered|
Light Rail Transit (LRT)Modifier
In addition to the North East Line and Downtown Line, SBS Transit is also operates two LRT systems, Sengkang and Punggol. Both lines connect the estate to one of two NEL Stations and is total of 29 stations including Sengkang and Punggol interchange stations.
- Rail ridership includes North East Line (NEL), Sengkang LRT and Punggol LRT rides.
- The Sengkang LRT and NEL commenced revenue service on 18 January 2003 and 20 June 2003 respectively. The Punggol LRT began service on 29 January 2005.
- Monthly rail ridership exceeded 10 million for the first time in December 2007.