Wednesday, March 22, 2006
New sites identified for selective en bloc redevelopment scheme
Three new sites have been identified for the Selective En Bloc Redevelopment Scheme (SERS), bringing the total number of SERS projects to 64 since the scheme was started in 1995.
The new sites include Blocks 5 to 10 along Yung Ping Road and Yung Kuang Road, Blocks 180 to 182 and 184 at Boon Lay Drive, as well as Blocks 216, 217, 219 and 220 at Boon Lay Avenue.
These properties are between 30 and 33 years old, comprising 1,873 sold flats.
HDB will offer replacement housing for affected flat owners at locations like Kang Ching Road, Tan Ching Road, Jurong West Streets 64 and 93.
Eligible SERS flat owners will be invited to register for their replacement flats between the end of this year and middle of next year.
Eight rental HDB shops at Boon Lay Drive and Boon Lay Avenue will also be cleared as part of the SERS development.
Eligible tenants will be granted an ex-gratia payment of $60,000 per tenancy and a 10 percent discount on successful bids for other HDB rental commercial properties. - CNA/ir
The new sites include Blocks 5 to 10 along Yung Ping Road and Yung Kuang Road, Blocks 180 to 182 and 184 at Boon Lay Drive, as well as Blocks 216, 217, 219 and 220 at Boon Lay Avenue.
These properties are between 30 and 33 years old, comprising 1,873 sold flats.
HDB will offer replacement housing for affected flat owners at locations like Kang Ching Road, Tan Ching Road, Jurong West Streets 64 and 93.
Eligible SERS flat owners will be invited to register for their replacement flats between the end of this year and middle of next year.
Eight rental HDB shops at Boon Lay Drive and Boon Lay Avenue will also be cleared as part of the SERS development.
Eligible tenants will be granted an ex-gratia payment of $60,000 per tenancy and a 10 percent discount on successful bids for other HDB rental commercial properties. - CNA/ir
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// posted by Shajahan @ 5:11 PM 