Hong Kong MTR will hike fares by a maximum of 3.09%, from June 30, 2024 onwards. This is the second consecutive year that the city’s sole rail operator will increase prices, after the 2.3% raise it implemented in 2023. Under the new fares, a passenger using an Adult Octopus Card for a one-way trip from Tung Chung to Hong Kong, for instance, will pay HK$24.30 — up HK0.70 from the current HK$23.60. In addition, a single Kwun Tong-Tsim Sha Tsui journey will be to HK$9.2 — a HK$0.30 rise from HK$8.9.
The new fares were calculated by taking into account factors like inflation, a wage index for transport workers, and MTR’s productivity and profitability. Based on these criteria, the fare increase for this year was 3.2%, but was capped at 3.09% thanks to the MTR’s affordability ceiling. The remaining 0.11% will be recouped over the following two years.
MTR will also roll out a special offer for frequent travellers called “Ride 10 Get 1 Free”. As part of this offer, passengers will get a free domestic MTR ride for every 10 trips they take from July 1-28, 2024, as long as they use an Adult Octopus linked to MTR Mobile accounts. Passengers can get a maximum of 4 free trips during the month-long promotion period on all territory-wide routes, except the Airport Express.
The rail giant will continue to give travellers frequent commuters’ tickets, such as the City Saver that covers 40 single journeys to 67 specific stations in the MTR network, the Tuen Mun-Nam Cheong Day Pass, and five Monthly Passes for certain routes on the Tung Chung Line, Tuen Ma Line, and East Rail Line.
Header image credits: MTR
