Information for Elderly Owners of SERS Flat

If you are aged 55 and above, and own a Selective En bloc Redevelopment Scheme (SERS) flat, here are some important points to take note of.

Some of the compensation may be refunded to your CPF account. If you are aged 55 years and above, part of this refund will be used to meet your Full Retirement Sum in your Retirement Account (RA). The remaining CPF refund may be paid to you as cash or you can choose to leave them in your Ordinary Account (OA). 

Use of refunded CPF money

New flat payment by CPF
During the SERS Connect, we will advise you on the use of your refunded CPF money. Generally, if your existing SERS flat is fully paid for, you will not need to use more cash when buying the same type of flat on a similar floor level and in the same location. If you need to use the refunded CPF money to pay for your new flat, we can help you apply to the CPF Board on your behalf. CPF Board may approve the use of some or all of your refunded CPF money for the purchase of the replacement flat, where feasible [1] . We will be able to advise you further on this during the SERS Connect. 
[1] This may not apply if you have withdrawn your CPF savings under the Medical Grounds Scheme.
Checking with the CPF Board
You can check the CPF Board website to find out how much refunded CPF monies can be used to buy the replacement flat. You can also contact the CPF Board to ask for a copy of your CPF statement.

Including family members in the application for a new flat

When buying the new flat, you can include immediate family members (parents or children; if eligible) as co-owners. If your family member currently owns a private property, had received SERS benefits or 2 housing subsidies previously, we will reassess the SERS rehousing benefits accordingly.

Flat owner passes away before collecting the keys to the new flat

If the SERS flat was held in joint tenancy, the flat will be passed on to the co-owners. For the new flat, the application can be retained if the surviving co-owners meet the eligibility conditions to own a flat, which we may change from time to time, and there will be no change to the SERS rehousing benefits.

If the deceased was the only owner of the new flat, their estate will be distributed according to their Will, if any. Otherwise, the estate will be distributed according to the Intestate Succession Act (for non-Muslims), or in accordance with Islamic inheritance laws (for Muslims).

Rehousing options

Elderly owners of SERS flats can choose from one of the following rehousing options:

  • Buy a new 2-room Flexi, 3-,4-,5-room, or 3Gen flat (if eligible) at the designated replacement site
  • Apply for a 2-room Flexi, 3-,4-,5-room, or 3Gen flat (if eligible) elsewhere under our Build-To-Order or Sale of Balance Flats exercises with rehousing benefits and a 10% priority allocation, or Re-Offer of Balance Flats exercise with rehousing benefits
  • Receive ex-gratia payment on top of the compensation instead of the SERS rehousing benefits
  • Sell or transfer your SERS flat together with its rehousing benefits

If you meet the eligibility age, you may also apply for a Silver Housing Bonus of up to $20,000 per household when you buy a smaller flat type, up to a 3-room flat.    


2-room Flexi flats on short lease are available for flat owners who are at least 55 years old at the point of SERS announcement. You can take up a lease of between 15 and 45 years in 5-year increments, as long as it covers you and your spouse up to age of at least 95 years old.

3Gen flats are available to multi-generation families with at least one Singapore Citizen or Singapore Permanent Resident, for selected SERS replacement precincts only.

Please speak to your journey manager to find out if you are eligible.