{"id":6289,"date":"2016-11-20T08:38:53","date_gmt":"2016-11-20T00:38:53","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=6289"},"modified":"2022-07-01T04:02:46","modified_gmt":"2022-06-30T20:02:46","slug":"sers-tanglin-halt","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/sers-tanglin-halt\/","title":{"rendered":"What do residents get out of the Tanglin Halt SERS?"},"content":{"rendered":"
<\/div>

Much like other old HDBs in Singapore, the entire Tanglin Halt estate was scheduled for demolition under Selective En-Bloc Redevelopment Scheme (SERS) back in 2014. As with past SERS such as Rochor Central, this will split residents into two camps: those who feel they\u2019ve gotten lucky, and those who feel like angry, displaced refugees. But with SERS approval ratings hovering between 85 to 90 percent, the angry ones are the minority.<\/p>\n

Let\u2019s look at the goodies that come with en-bloc sales:<\/p>\n

The rundown on Tanglin Halt SERS<\/b><\/h2>\n

Tanglin Halt is the 79<\/span>th<\/span> SERS site in Singapore\u2019s history. These HDB flats are over half a century old, and are one of the last examples of 10-storey HDB blocks (Since the 1990s, HDB blocks have reached 30 or 40 storeys. Pinnacle@Duxton<\/a> is the highest on record, at 50 storeys.)<\/span><\/p>\n

\"The
The abandoned Tanglin Halt SERS flats still have a certain charm to them<\/figcaption><\/figure>\n

Older Singaporeans will remember that Tanglin Halt was so iconic, it was used on our one-dollar notes (in the days when we had those.)<\/span><\/p>\n

Tanglin Halt has 31 blocks of flats, with a total of about 3,840 residential units.<\/span>
\n<\/span><\/p>\n

Tanglin Halt SERS and the 99-year rule<\/b><\/h2>\n

SERS is HDB\u2019s main tool for rejuvenating aging estates and offers compensation and assistance to residents of affected estates, who will then have to move out of their old homes. <\/span><\/p>\n

But SERS also fulfils another unstated, but important consideration: it provides an opportunity for residents to be re-homed before the 99-year lease on their flats expire.<\/span><\/p>\n

To date, no HDB flat has been reclaimed due to 99-year lease expiry. Estates that are 40 years or older have usually been targeted by SERS before it can happen.<\/span><\/p>\n

Tanglin Halt is a prime candidate for SERS. Because the flats are over 50 years old, it would be difficult for residents to sell them under normal circumstances. Many banks, for example, are reluctant to give out large property loans when there is less than 50 years left on the lease.<\/span><\/p>\n

In addition, the 10-storey flats, while iconic, are an inefficient use of land space. <\/span><\/p>\n

How are the residents of Tanglin Halt compensated?<\/b><\/h2>\n

The following re-housing benefits accompany the Tanglin Halt SERS:<\/span><\/p>\n