West Coast Road site up for SERS

Romesh NavaratnarajahAugust 4, 2016

Replacement flats in Clementi resize

Artist’s impression of the replacement flats at Clementi Avenue 1. Source: HDB

A new site along West Coast Road has been identified for the Selective En bloc Redevelopment Scheme (SERS), the Housing and Development Board (HDB) said on Wednesday, 3 August.

This is the 80th site to benefit from SERS since its introduction in 1995.

The 994 sold flats in Blocks 513 to 520 were built in 1979. The SERS plan also involves 14 sold shops and an eating house.

According to the HDB, SERS only applies to areas with good redevelopment potential, and offers residents an opportunity to move to new flats on fresh 99-year leases.

Other benefits include compensation for their flats based on market value at the time of the SERS announcement, as well as payment of expenses to help in the relocation.

In addition, eligible singles looking to purchase a replacement flat can apply for a SERS grant of $15,000, while joint singles and families are eligible for a $30,000 grant.

Meanwhile, the replacement flats at Clementi Avenue 1 and West Coast Link will range from 2-room Flexi to 3Gen flats. These new flats are scheduled to be completed in the third quarter of 2022.

The two sites are located near several amenities, including the Clementi MRT station and bus interchange, Clementi Mall and West Coast Plaza.

The Housing Board will inform all SERS flat owners and commercial property owners individually of these plans.

For more information on SERS, flat owners can call 1800-866 3070, while commercial property owners can call 1800-866 3073.

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg

Port to Tuas
Aug 04, 2016
The first batch will MOP seven years after booking flat, i.e. 2025 or 2026. Just nice 2027 will see the port at West Coast relocates to Tuas. The seaview should become much nicer.
Lucky
Aug 04, 2016
Those opting for replacement site at Clementi Ave 1 instead of West Coast Link will be very lucky. The site at Clementi Ave 1 is only 7 minutes of walk to Clementi MRT and a few minutes of walk to Clementi Town Centre. In contrast, there is no MRT serving the West Coast area although the former Minister of Transport did announce in August 2015 that a feasibility study will be conducted on whether a short MRT can run along West Coast connecting it to the Circle Line. Is been exactly one year and still no news of the results of feasibility study.
3Gen
Aug 04, 2016
This is first time 3Gen flats are going to be built in Clementi district. Sort of "limited edition" :)
POST COMMENT

You may also like these articles

Toa Payoh flat sold for $980,000

View of public housing blocks in Toa Payoh. A 23-year-old executive flat in Toa Payoh was sold for a whopping $980,000 in June this year, reported AsiaOne. Based on figures on the HDB website, t

Continue ReadingAugust 2, 2016

MOM calls on housing standards for foreign workers to be raised

Foreign workers at a construction site in Singapore. The Ministry of Manpower (MOM) has urged operators of factory converted dormitories (FCDs) to improve the housing conditions of foreign workers,

Continue ReadingAugust 2, 2016

More homes on auction in Q2: report

The number of landed properties put up for mortgagee sale rose by 142 percent from last year. The number of residential properties put up for auction increased by 21.2 percent quarter-on-quarter to

Continue ReadingAugust 3, 2016