Ang Mo Kio SERS: Go for the replacement site or ballot for the Ang Mo Kio BTO?
Straits Times as well as CNA just recently reported that those impacted by the Ang Mo Kio SERS could obtain top priority if they look for the Ang Mo Kio BTO in the upcoming August 2022 HDB BTO workout.
BTO is concerned for locals affected by SERS
Besides the Ang Mo Kio BTO site, level proprietors affected by the SERS can likewise appreciate concern if they make a decision to make an application for either of the list below projects in the August 2022 BTO:
- Choa Chu Kang BTO
- Tampines BTO
- Woodlands BTO
- Leedon Green Price & BTO
According to both write-ups, the approximated delivery property day– deadline for HDB to hand over the tricks to owners– for these tasks is 2029. This is around the very same time as the approximated shipment possession date for the SERS substitute project at Ang Mo Kio Drive.
Up to 10% of the apartments offered in these jobs will certainly be reserved for those applying under the SERS, Resettlement, Moving Plan. At the same time, this allocation will certainly be shown to those applying under the Tenants’ Priority System (TPS).
This 10% top priority is actually not a new option. We note that throughout the first SERS announcement, the 10% priority for the BTO application already consisted of the SERS advantages. On the other hand, during that time, HDB did not mention which were the qualified projects.
As you can see in the screenshot, the concern doesn’t apply if you’re applying for a Community Care House or a unit at a Prime Place Public Housing (PLH) BTO job.
(This must also show that the Ang Mo Kio BTO will not be a PLH job. Instead, there’s a high possibility that the two Bukit Merah BTO will certainly be PLH tasks since they’re not among the qualified tasks that owners can take pleasure in the 10% concern).
The current records come after the news of 2 brand-new housing alternatives for SERS level owners in July. MND had actually revealed that proprietors aged at the very least 45 could go with a unit with a 50-year lease as opposed to the full 99-year lease. Another choice is to occupy the Lease Buyback Scheme for the existing flat to monetize the flat and also fund the purchase of the replacement level.
These choices were provided after residents expressed worries about having to top up additional money for a similar-sized substitute flat.
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