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Residential
Before signing the Option to Purchase to buy a resale flat which has been announced for the Selective En bloc Redevelopment Scheme (SERS), we strongly recommend that you confirm the eligible rehousing benefits with the seller. You can ask the sellers to give you a copy of their certificate of eligibility for resale. It will indicate the rehousing benefits that are transferable to you.
Once you have bought your resale flat, you are entitled to the SERS compensation and rehousing benefits.
In general, you will enjoy the same rehousing benefits the seller was entitled to, but with some exceptions that are detailed below.
*Private property refers to any property (flat, house, building, or land) other than the SERS flat (whether residential or otherwise, including but not limited to HUDC apartments and ECs, properties outside Singapore, properties acquired by gift or inheritance, and properties owned, acquired, or disposed through nominees).
The additional options for SERS sites announced on or after 7 Apr 2022 to (a) buy a new 3-room or larger replacement flat on a 50-year lease at the designated replacement site and (b) take up the Lease Buyback Scheme (LBS) for the SERS flat and buy a short-lease replacement flat thereafter, are not available to buyers of SERS flats after the SERS announcement.
See what flat owners of Blocks 562 to 565 Ang Mo Kio Avenue 3 can look forward to at the new site in Ang Mo Kio Drive, which will be developed for them to live in and enjoy.
Get the site and replacement flat details, as well as the status of announced SERS projects.
Rehousing benefits are based on the status of the households. The benefits may include a SERS grant, concessions on resale levy or premium, and type of flat eligible for.
We will pay you the compensation based on the market value of your flat as at the time of SERS announcement, and some reasonable expenses to help you move.