Ang Mo Kio Sers: Homeowners to get compensation of about 7.5% more than previously estimated
HDB said that its officers went door-to-door on Wednesday to deliver “compensation notices” to residents living in Blocks 562 to 565 at Ang Mo Kio Avenue 3.
Ang Mo Kio residents selected for the Selective En Bloc Redevelopment Scheme (Sers) in April will receive compensation of about 7.5 per cent more than previously estimated
The flat owners will also receive a payment for “reasonable expense”
This comprises a removal allowance of S$10,000 and the payment of stamp and legal fees for the purchase of a replacement unit
Eligible flat owners will also receive a Sers grant of up to S$30,000 for the purchase of a replacement unit
