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Residential

Latest SERS Projects

A New Beginning 

Blocks 81 to 83 MacPherson Lane is the latest site to benefit from the Selective En bloc Redevelopment Scheme (SERS). Flat owners can look forward to moving to Circuit Road. The replacement site will offer about 630 new flats.

The new flats will be sold at subsidised prices and frozen at the time of the SERS announcement. They are not subject to further market movements, thereby providing SERS flat owners with greater certainty.

SERS flat owners will be invited to register and choose their flats in this site first. Following that, any surplus flats could be offered to the public through a Sale of Balance Flats (SBF) or Re-Offer of Balance Flats (ROF) exercise.

Circuit Road (630 units)

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Estimated completion: 2nd Quarter 2023

Flat types:

  • 2-room Flexi (36/ 45 m2)
  • 3-room (65 m2)
  • 4-room (85 m2)
  • 4-room (90 m2)
  • 5-room (110 m2)

 

SERS journey timeline

These are the main milestones for the SERS journey.

S/No.

Milestone

Time Period

1

SERS announcement

31 May 2018

2

Visiting our exhibition

2 to 4 June 2018

3

Assessing your flat value

2Q/ 3Q2018

4

Attending the SERS Connect

2Q/ 3Q2018

5

Co-designing the precinct spaces

3Q2018

6

Receiving your compensation notice

1Q2019

7

Making your rehousing choice

1Q/ 2Q2019

8

Registering for your new flat

2Q2019

9

Booking your new flat

4Q2019

10

Collecting your keys

3Q/ 4Q2023

11

Moving out

4Q2023/ 1Q2024

12

Celebrating the move

2024 

Other rehousing options

Besides choosing a flat in the new precinct offered, SERS flat owners also have other rehousing options

  • Apply for a flat elsewhere under Build-To-Order (BTO) or Sale of Balance Flats (SBF) exercise with SERS rehousing benefits and a 10% priority allocation, or Re-Offer of Balance Flats (ROF) exercise with SERS rehousing benefits.
    • Notes:
      • BTO, SBF or ROF application must be submitted by 30 June 2019.
      • The Delivery Possession Date of the BTO or balance flat must not be later than 31 May 2024.
  • Sell the existing SERS flat in the open market, where it is likely to command a premium above its market value at the time of the SERS announcement, due to the SERS rehousing benefits. Alternatively, SERS flat owners can transfer the flat with the rehousing benefits.
    • Notes:
      • ​There will be a 1-month freeze on resale or transfer of a SERS flat following the SERS announcement.
      • This is to give SERS flat owners more time to get to know their rehousing benefits before making a decision.
      • Resale or transfer applications can only be submitted from 1 Jul 2018 and not later than 31 May 2019.
      • Any Option to Purchase for resale applications can only be signed from 1 Jul 2018 and not later than 31 May 2019.
  • Receive up to $60,000 on top of SERS compensation instead of the SERS rehousing benefits.

Further information

These resources will be helpful in providing you with further information.

  • My SERS Guide

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English (PDF, 5MB) | Mandarin (PDF, 6MB)  | Malay (PDF, 5MB) | Tamil (PDF, 5MB)

  • Elderly Guide

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English (PDF, 4MB) | Mandarin (PDF, 4MB) | Malay (PDF, 4MB) | Tamil (PDF, 4MB)

Publication of gazette

The sold flats at Blocks 81 to 83 MacPherson Lane (PDF, 1.4MB) are gazetted for acquisition vide Notification No. 1429, dated 28 May 2018, and first published in the Government Gazette, Electronic Edition, on 31 May 2018 (Volumn 60, Issue No. 22).

The gazette can also be viewed at the Electronic Gazette website (publicly available for 5 days upon publishing, and subsequently only for subscribers).