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Singapore govt files parliamentary motion affirming commitment on affordable public housing, disagrees that it 'has not done enough'

SINGAPORE, Jan 31 National Development Minister Desmond Lee has filed a motion to reaffirm the Government’s commitment to “keeping public housing affordable and. ....

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'Unnecessary': Petition to review Sers turned down by MND, as not many more eligible sites expected

A petition for the Selective En bloc Redevelopment Scheme (Sers) to be put on hold and thoroughly reviewed has been turned down by the Government, as it does not expect many more sites to be eligible for the "highly selective" scheme. Most of the projects with high redevelopment potential have already been selected, and thus, an extensive review of Sers. ....

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20% of Ang Mo Kio Sers households have applied for new flats; 9 in 10 will be successful: HDB

Singapore News - About 20 per cent of Ang Mo Kio households affected by the Selective En bloc Redevelopment Scheme (Sers) have applied for new flats in the May and August sales exercises, the Housing Board said on Friday. It added that about nine in 10 applicants will be successful, as they. Read more at www.tnp.sg ....

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20% of Ang Mo Kio Sers households applied for new flats; 9 in 10 will be successful: HDB

Balloting is ongoing, and HDB will inform applicants of the ballot results at the end of September.
Read more at straitstimes.com. ....

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3 implications the Ang Mo Kio Sers has on future Sers

For a long time, to have your flat Sers-ed is like getting a windfall, akin to striking Toto or 4D. Through the scheme, the government acquires HDB flats from owners for redevelopment. In return, these owners are compensated and get an option to buy a new flat with a fresh 99-year lease at a subsidised rate. It's also another way. ....

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