{"id":50397,"date":"2022-04-07T16:53:58","date_gmt":"2022-04-07T08:53:58","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=50397"},"modified":"2022-06-13T18:11:00","modified_gmt":"2022-06-13T10:11:00","slug":"600-households-ang-mo-kio-sers","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/600-households-ang-mo-kio-sers\/","title":{"rendered":"600 households over 4 blocks in Ang Mo Kio picked for SERS"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p><span data-preserver-spaces=\"true\">Four residential housing blocks in\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.99.co\/singapore\/hdb\/ang-mo-kio\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Ang Mo Kio<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0have been selected to be renewed under HDB&#8217;s\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-selective-enbloc-redevelopment-scheme-sers\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Selective En Bloc Redevelopment Scheme<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0(SERS).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This is the first such SERS announcement in nearly four years.\u00a0<\/span><\/p>\n<h2 class=\"p1\"><b>Which blocks were picked? <\/b><\/h2>\n<p class=\"p1\">Blocks 562 to 565 along Ang Mo Kio Avenue 3 have been identified for redevelopment. 606 households will be affected by the change.<\/p>\n<p class=\"p1\"><iframe loading=\"lazy\" src=\"https:\/\/www.google.com\/maps\/d\/embed?mid=12xEjp-O9QImUSElJbDBGstJ4fiUIL1kD&amp;ehbc=2E312F\" width=\"640\" height=\"480\"><\/iframe><\/p>\n<p>Completed more than four decades ago in 1979, the units in these four blocks are mostly three-room and four-room flats. There are five five-room and two executive flats, combined from two adjoining three-room flats.<\/p>\n<p>Previous SERS in Ang Mo Kio was back in 2006, with Blocks 246 to 252 in Ang Mo Kio Avenue 2, 3 and 4 picked for redevelopment.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">Christine Sun<\/span><\/strong><em><span data-preserver-spaces=\"true\">, <\/span><\/em>Senior Vice President of Research &amp; Analytics at OrangeTee &amp; Tie said the land parcel might have been picked due to its location. It is located beside the CTE and within walking distance to the new Tavistock MRT station, which is estimated to be completed in 2030.<\/p>\n<p>It is also situated near the landed properties at Serangoon Gardens. Therefore, any new high rise buildings will enjoy good views due to the low rise landed housing.<\/p>\n<p>She also noted that the current housing blocks of 13 storeys could be built up to around 36 storeys in order to fully optimise the plot.\u00a0 &#8220;That piece of land could be redeveloped into a few tall blocks, which may even be an integrated development comprising some retail or commercial components linked to the Tavistock MRT station.&#8221;<\/p>\n<h2 class=\"p1\"><b>What will happen to its residents?<\/b><\/h2>\n<p><span data-preserver-spaces=\"true\">After having their flats assessed by an HDB appointed valuer, current residents can expect to receive compensation as well as <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.hdb.gov.sg\/residential\/living-in-an-hdb-flat\/sers-and-upgrading-programmes\/sers\/sers-projects\/latest-sers-projects\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">new replacement flats<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0at the nearby Ang Mo Kio Drive.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to HDB, the replacement sites offer around 1,065 new units ranging from two-room flexi to four-room flats. The flats are not subject to potential market volatility to give the SERS flat owners greater certainty.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Construction will start in Q3 2023, with estimated completion by Q4 2027.\u00a0\u00a0<\/span><\/p>\n<figure id=\"attachment_45199\" aria-describedby=\"caption-attachment-45199\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-45199\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/bishan-hdb-park.jpg\" alt=\"Couple walking on the bridge at Bishan-Ang Mo Kio Park\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/bishan-hdb-park.jpg 1000w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/11\/bishan-hdb-park-150x100.jpg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><figcaption id=\"caption-attachment-45199\" class=\"wp-caption-text\">Residents can look forward to a fresh 99-year lease on their new replacement flats.<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">HDB will release surplus flats to the public through a\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.99.co\/singapore\/insider\/sale-of-balance-flats-hdb\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Sale of Balance Flats<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0(SBF) exercise or open booking.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Owners can choose to purchase the new replacement flats that come with updated design and fittings and a fresh 99-year lease.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">HDB will also cover any stamp and legal fees if they choose to purchase a comparable replacement flat and a generous S$10,000 removal allowance to defray any moving expenditures.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additional rehousing benefits include a SERS grant of S$30,000 for families and joint singles, or S$15,000 for singles.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">There&#8217;s also the option of selecting replacement flats together with their neighbours or relatives so residents can preserve the existing\u00a0<\/span><em><span data-preserver-spaces=\"true\">kampung<\/span><\/em><span data-preserver-spaces=\"true\">\u00a0spirit and community ties.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Those who choose not to take up a new replacement flat can sell their current SERS units, along with its rehousing benefits, on the open property market. Due to the rehousing benefits, these units will most likely command a premium.\u00a0<\/span><\/p>\n<h2 class=\"p1\"><b>How will the SERS process be carried out?<\/b><\/h2>\n<p>To facilitate and ease the transition process, HDB will conduct door-to-door home visits to explain the SERS scheme and address individual concerns.<\/p>\n<p>Each household will also be assigned a SERS manager to guide them through the entire process. This lengthy transition is expected to last an average of five years or more, from the announcement date to the time residents can move into their new homes.<\/p>\n<p>A precinct survey will be carried out, during which HDB will collate a list of desired facilities from its residents and suggested names for the new precinct. Doing so helps foster a sense of belonging and strengthen ties among the community.<\/p>\n<h2 class=\"p1\"><b>What is SERS?<\/b><\/h2>\n<p><span data-preserver-spaces=\"true\">Started in 1995, SERS was introduced by ex-Prime Minister Goh Chok Tong on National Day.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The programme aims to breathe new life into older estates by demolishing old blocks and constructing new buildings and facilities.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Based on the current market value, residents will be offered new flats or compensation. Valuation will be done by a professional private valuer appointed by HDB.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Since the programme&#8217;s inception, more than 41,000 households in 82 sites have been <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.hdb.gov.sg\/residential\/living-in-an-hdb-flat\/sers-and-upgrading-programmes\/sers\/sers-projects\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">selected<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0to undergo revitalisation.\u00a0<\/span><\/p>\n<h2 class=\"p1\"><b>Will my block be selected for SERS?<\/b><\/h2>\n<p>Don&#8217;t hold your breath if you&#8217;re fervently hoping for your unit to be picked for the programme or looking to snag an old property to ride on the SERS wave.<\/p>\n<p>Former National Development Minister Lawrence Wong cautioned against speculation, stating that only about 5 per cent of all HDB flats are suitable for redevelopment under SERS.<\/p>\n<p>&#8220;These are typically sites where the land has not been well utilised. It is also subject to the availability of suitable replacement sites for residents and the Government&#8217;s financial resources.&#8221;<\/p>\n<p>According to Christine Sun, the general SERS exercises currently don&#8217;t usually involve many flats and are not done on a regular basis, unless the authorities decide to relook and change their SERS policy.<\/p>\n<p>Most of the SERS comprises of less than ten blocks of flats, with the exception of the <a href=\"https:\/\/www.99.co\/singapore\/insider\/sers-tanglin-halt\/\" target=\"_blank\" rel=\"noopener\">SERS at Tanglin Halt<\/a>.<\/p>\n<div>&#8220;If we look at historical data, we noticed that the past SERS were done around every 2 years from 2014 to 2018, with the exception of this year, where there is a 4-year gap from the last SERS, possibly due to the pandemic.&#8221;<\/div>\n<hr>\n<h2><span data-preserver-spaces=\"true\">What other estates do you think should be redeveloped?<\/span>\u00a0Let us know in the comments section below or on our Facebook <a href=\"https:\/\/www.facebook.com\/99dotco\/posts\/2250675895085879\" target=\"_blank\" rel=\"noopener\">post<\/a>.<\/h2>\n<p class=\"p2\">If you found this article helpful, check out <a href=\"https:\/\/www.99.co\/singapore\/insider\/hdb-sers-dangerous-assumptions\/\" target=\"_blank\" rel=\"noopener\">HDB SERS and other dangerous property assumptions people make<\/a> and <a href=\"https:\/\/www.99.co\/singapore\/insider\/hdb-sers-blocks-prediction\/\" target=\"_blank\" rel=\"noopener\">HDB SERS: Which blocks are most likely to benefit?<\/a><\/p>\n<p>Looking for a property? Find the home of your dreams today on Singapore\u2019s fastest-growing\u00a0<a class=\"c-link\" tabindex=\"-1\" href=\"https:\/\/www.99.co\/?utm_source=blog%20main%20site%20conversion\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"https:\/\/www.99.co\/?utm_source=blog%20main%20site%20conversion\" data-sk=\"tooltip_parent\" data-remove-tab-index=\"true\">property portal<\/a>\u00a0<a class=\"c-link\" tabindex=\"-1\" href=\"http:\/\/99.co\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"http:\/\/99.co\" data-sk=\"tooltip_parent\" data-remove-tab-index=\"true\">99.co<\/a>! 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Blocks 562 to 565 along Ang Mo Kio Avenue 3 have been identified for redevelopment. 606 households will be affected by the&hellip;<\/p>\n","protected":false},"author":123,"featured_media":50398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"55409,43139,6862,34443,21657,42518","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53631,53643,57131],"tags":[54037,55567,54007,53967,53680],"persona":[],"class_list":{"2":"type-post","15":"entry","16":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>600 households over 4 blocks in Ang Mo Kio picked for SERS - 99.co<\/title>\n<meta name=\"description\" content=\"Four residential housing blocks in\u00a0Ang Mo Kio\u00a0have been selected to be renewed under HDB&#039;s\u00a0Selective En Bloc Redevelopment Scheme\u00a0(SERS).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.99.co\/singapore\/insider\/600-households-ang-mo-kio-sers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"600 households over 4 blocks in Ang Mo Kio picked for SERS\" \/>\n<meta property=\"og:description\" content=\"Four residential housing blocks in\u00a0Ang Mo Kio\u00a0have been selected to be renewed 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