SINGAPORE - A total of 31 blocks in Tanglin Halt are slated to be torn down from the end of this year under the Housing Board's Selective En Bloc Redevelopment Scheme (SERS). Here is more about the project and the options for affected residents: Former KTM Railways The railway tracks are a remnant of the now-defunct Keretapi Tanah Melayu (KTM).
May 24, 2021
Stackedhomes
To many Singaporeans, the Selective En-bloc Redevelopment Scheme (SERS) is one of the best possible outcomes for their HDB flat. The compensation is generous, your lease is topped up to 99-years again, and you have a whole list of replacement units to choose from.
But only a tiny minority of HDB estates are likely to see a SERS exercise, and the odds aren’t high. This week, we talked to J, a Singaporean who timed his HDB purchase just right and reaped the best benefits of SERS.
The Tanglin Halt SERS, and its early signs
J is a longtime Queenstown resident, who – as we write this – is soon to move to his replacement flat in Dawson. His previous home was in Tanglin Halt, the site of Singapore’s 79th SERS exercise (some of you may remember these flats, as the same ones that used to appear on our $1 bills).
Is it worth paying a premium for pre-war and post-war flats in Tiong Bahru? We break down the numbers asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
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The Big Read: Rising prices, building delays young couples face perfect storm in quest for home sweet home The delays couldn’t have come at a worse time for young couples eager to set up their very first marital home, newly-weds say.
In pre-pandemic days, prospective homeowners were waiting for about three to four years following a new launch for a flat under the BTO scheme. Now, they will have to add between six and nine months, or even a year in some cases, to the waiting game. (Photo: TODAY/Ili Nadhirah Mansor)
A detailed list of 13 DBSS projects and their prices today asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.