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The Selective En-bloc Redevelopment Scheme (SERS) in Ang Mo Kio confronted loads of backlash from residents, particularly the aged.
Earlier this month, the HDB introduced two new choices for alternative flats that are actually being provided to residents at Ang Mo Kio Ave 3 chosen for the Selective En bloc Redevelopment Scheme (Sers).
The primary choice will enable affected residents to buy a three-room or bigger alternative flat on a 50-year lease.
The second includes a lease buyback scheme, which is able to enable residents to purchase a brand new alternative flat on a brief lease.
We head right down to Ang Mo Kio to talk to some residents about their ideas on the choices.
The primary resident we spoke to mentioned that his unit was valued at about S$400,000. However a neighbouring four-room flat was valued at greater than $500,000, he mentioned.
“We have now to chip in about $100,000. On prime of that, we’ve got to do renovations. These days, renovations are very costly. Simply speaking about $50,000 to $100,000. So if this goes by way of, (we) in all probability have to come back in at the least $200K, which I feel is sort of a giant quantity for us”.
He additionally added that the brand new location that they’d be shifted to be a bit extra distant and inaccessible. When he and another neighbours spoke, they felt that their present blocks have been situated close to an MRT station, whereas the place they’d be shifting to wouldn’t be situated near an MRT station. “In all probability received to stroll for 5 to 10 minutes”, he mentioned.
Mrs Ho
One other resident we spoke to, Mrs Ho, mentioned that on Apr 7 when HDB got here to their door and gave them the paperwork for SERS, she felt that she was compelled to go away. She added that she was already above 45 years of age, and her husband above 50. There have been many others like her and her husband.
“What number of extra years? We’re pondering if we transfer to a alternative flat, we’ve got to retake our mortgage. So what number of extra years should I truly work to repay all my money owed?” she requested.
She added that 80 per cent or so of the residents within the 4 blocks affected by SERS had all already absolutely paid up their flats and have been debt free.
“We don’t need to undergo the entire cycle once more. And the opposite factor is over right here, there’s two markets for us to stroll, is lower than 5 minutes. Whereas the brand new alternative flat is like in-between two faculties, and behind (it) are all jungle, forest, in any way, it is vitally inconvenient for us”, Mrs Ho mentioned.
She defined that lots of the residents signed a petition which was despatched to PM Lee, and so they acquired a response from HDB. She mentioned that when contemplating each the choices given by HDB, “To us is prefer it’s actually bohua (not price it) and loads of the aged right here, we all know one another, don’t make us transfer to those sorts of locations”.
Yet one more resident
Yet one more resident mentioned: “the 50-year lease choice is nearly half (the lease time period) in comparison with earlier than. The cash that they paid us may be very little. We nonetheless have to purchase a brand new unit and do renovations. How is that sufficient?” she requested.
“it will be perfect to vary a unit for a unit, we don’t have to pay that a lot. Now they’re deliberating what to do, and discussing additional. A lot of them (residents) signed (a petition) and went to see the MP. Hopefully, they’ll top-up extra for us” she added.
“Asking us to maneuver, we don’t need to transfer. We’ve lived right here for thus lengthy”, she mentioned. /TISG
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