Oral Answer by Ministry of National Development on criteria of Selective En Bloc Redevelopment Scheme (SERS)

Apr 13, 2015

Mr Lim Biow Chuan: To ask the Minister for National Development what are the criteria for selecting HDB blocks of flats for the Selective En Bloc Redevelopment Scheme.

Answer:

1. The Selective En bloc Redevelopment Scheme (SERS) allows optimisation of land use and revitalises such estates through new developments. As the name suggests, the identification of suitable precincts for SERS is on a selective basis.

2. First, it will depend on the availability of suitable sites for rehousing the residents together. This is important for preserving community ties, and is especially valued by the elderly. 

3. Second, it will depend on the economic viability of the project. This takes into account the potential for redevelopment and land optimisation of a precinct and the cost of acquisition. The latter includes the market compensation for the flat and reasonable expenses to cover removal, stamp and legal fees. The Government also gives generous rehousing benefits and grants which include the option of purchasing a replacement flat at a subsidised price.

4. Third, it will depend on the availability of financial resources to fund the SERS programme.

Issued by: Ministry of National Development

Date : 13 April 2015