f her pocket.
The HDB had announced in April that four HDB blocks - Blocks 562 to 565 in Ang Mo Kio Avenue 3 - had been selected under Sers, a scheme aimed at rejuvenating older estates. Under Sers, affected owners can opt to buy replacement flats with a fresh lease or sell their Sers flats with the rehousing benefits on the open market.
ERA Realty head of research and consultancy Nicholas Mak said another possible solution would be for the HDB to sell Sers replacement flats on a shorter lease. But problems may arise if owners hope to resell on the open market, he noted. HDB estimates the compensation amount for three-room flat owners would range from $290,000 to $340,000, while four-room flat owners - whose units are 92 to 93 sq m in size - may get $340,000 to $450,000.
An artist impression of the new replacement blocks in Ang Mo Kio Drive for Blocks 562 to 565 at Ang Mo Kio Ave 3. PHOTO: HDB
Nevermind, let's get help from the MP, and you know who?
It doesn’t make sense to be forced to move (to a more inconvenient place imo) and have to top up to live in a same size flat. Yes it has a 99y lease but to the seniors it doesn’t matter. They can’t bring their flat to the afterlife.
Replacement unit similar-sized 4rm meh ?🧐
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