From my understanding it’s meant to indicate if the lot is only available for season parking or open to all motorists. So it can adjust and open up white lots to non-season parking vehicles during lull periods.
For example, when season parking vehicles leave for work in the morning, the car park is relatively empty and only level 1 continues to be reserved for season parking. Level 2 could then be converted from “red” reserved lots to “white” lots for visitors (so they needn’t drive up so many levels).
TLDR - allows for adjustment of reserved and non-reserved lots (red and white respectively) for flexibility to protect residents’ interests while allowing visitors to park on lower levels during lull periods, for convenience.
Written in bureaucratese - “
Efficient parking experience
To provide greater convenience to motorists when searching for available lots, colour-coded LED overhead guidance indicators have been installed above every parking lot to signal lot availability. Green means lots are available for short term parking, while amber means lots are reserved for season parking. The light indicator will be switched off for occupied lots.”
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