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Four blocks in Bukit Merah View to undergo Selective EnBloc Redevelopment
By S Ramesh
SINGAPORE: Four blocks of flats at Bukit Merah View - blocks 110, 111, 113 and 114 - will undergo the Selective EnBloc Redevelopment Programme (SERS).
Member of Parliament (MP) for Tanjong Pagar GRC and Deputy Speaker of Parliament Indranee Rajah made the announcement at the division’s tree planting day activities, attended by Minister Mentor Lee Kuan Yew and the MPs of the GRC.
Ms Indranee noted that the residents in the blocks were disappointed because they had not been upgraded.
However, under the SERS programme, the residents of affected blocks will be offered replacement flats at the new precinct at Boon Tiong, which is next to Tiong Bahru Plaza and the Tiong Bahru MRT Station.
Ms Indranee noted that there will be 700 units of new studio apartments, three-room, four-room and five-room flats available for selection at subsidised prices.
Once the redevelopment is completed, the owners of the four blocks can look forward to a brand new living environment.
They will receive compensation for their existing flats based on its current market value. HDB will inform each of the owners of the compensation for their flats.
HDB is also holding a SERS exhibition from November 12 to 18 so that residents can find out more about the programme for the blocks involved.
- CNA/yb
Source : Channel NewsAsia - 09 November 2009
Buy Sell Rent invest In Singapore Property Real Estate
MINDY YONG
( +65 ) 91002985
mindy@mindyyong.com
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