Rehousing options with shorter leases to apply to future Sers exercises after Ang Mo Kio, Marsiling cases: Desmond Lee
SINGAPORE — New rehousing options offered to Ang Mo Kio and Marsiling residents affected by the Selective En Bloc Redevelopment Scheme (Sers), which include buying a replacement flat on a shorter lease, will apply to future Sers exercises, National Development Minister Desmond Lee said.
This is given that flats to be redeveloped in the future are likely to be older with shorter remaining leases, Mr Lee told Parliament on Monday (July 4).
Additionally, the Housing and Development Board (HDB) will consider allowing younger residents aged under 45 to buy their replacement flat on a 50-year lease on a “case-by-case basis”, Mr Lee said.
Mr Lee was responding to an adjournment motion by Ms Nadia Ahmad Samdin, Member of Parliament for Ang Mo Kio Group Representation Constituency, who conveyed some concerns held by her residents regarding the Sers exercise.