Residential
You will receive rehousing benefits under the Selective En bloc Redevelopment Scheme (SERS). These benefits will vary, depending on your household status:
Please refer to the information below to help you identify which household status you belong to.
Note:
SERS rehousing benefits will be offered to flat owners who are eligible to retain their SERS flat and fulfil all other prevailing conditions. Flat owners may not be eligible for the SERS rehousing benefits, if they have infringed the Housing & Development Act before or after the SERS announcement.
The SERS grant:
First-timers are families who have not bought a flat directly from HDB, an Executive Condominium (EC) or Design, Build and Sell Scheme (DBSS) flat from a developer, nor had a CPF Housing Grant or any form of housing subsidy before. Second-timers are families who have bought 1 flat directly from HDB, an EC or DBSS flat from a developer, or had a CPF Housing Grant or some form of housing subsidy before.
Your rehousing benefits
Details
SERS grant
Type of flat
Waiver of fees
Deferred payment to HDB
Resale levy or premium concessions
Replacement flat housing loan eligibility
If your SERS flat is or was financed by an HDB concessionary loan:
If your SERS flat is or was financed by an HDB market rate loan or bank loan:
These are households with a Singapore citizen (SC) and a spouse who is neither a SC nor a Singapore Permanent Resident.
Households whose owners do not include any Singapore citizen.
Subsidised selling price
To receive a SERS grant of $30,000, and be considered for a housing loan from HDB (the maximum loan granted will depend on our credit assessment), your household must meet the following before collecting keys to your replacement flat:
You cannot rent out the whole replacement flat.
If you buy or acquire an interest in a private property after fulfilling the required minimum occupation period for the replacement flat, you will have to dispose of the flat within 6 months from buying the private property.
Remaining singles are Singapore citizens when they bought their SERS flat as a family and are now living alone due to the death of their husband or wife, parent or parents, or children. Joint Singles Scheme households are households who bought the SERS flat under the Joint Singles Scheme.
Households who bought the SERS flat under the Single Singapore Citizen Scheme.
Third-timers are households who have bought more than 1 flat directly from HDB, or had a CPF Housing Grant and bought at least 1 flat directly from HDB. Households who have had SERS benefits before are households whose previous flat had been announced for SERS and had enjoyed the SERS rehousing benefits then.
Households who own a private property that was bought before the SERS announcement.
On top of the SERS grant, eligible households can get further financial assistance for their replacement flat purchase by applying for the Additional CPF Housing Grant (AHG) or Special CPF Housing Grant (SHG). These grant amounts are tiered to give lower income households greater financial assistance to buy their new flat.
To qualify for the grants, your household must not:
These are the eligible household types:
In addition, please note that:
Qualifying Monthly Household Income for AHG
Qualifying Monthly Household Income for SHG
Note: At least 1 flat applicant must have been in continuous employment during the qualifying 1-year period, and still be employed at the time of the replacement flat application
Buyers of short lease 2-room Flexi flats (15 to 45 years) will receive a prorated amount based on the lease of the 2-room flat.
Applicable Average Gross Monthly Household Income
AHG Amount
SHG Amount
$1,500 or less
$40,000
$750 or less
$20,000
$1,501 to $2,000
$35,000
$751 to $1,000
$17,500
$2,001 to $2,500
$30,000
$1,001 to $1,250
$15,000
$2,501 to $3,000
$25,000
$1,251 to $1,500
$12,500
$3,001 to $3,500
$1,501 to $1,750
$10,000
$3,501 to $4,000
$1,751 to $2,000
$7,500
$4,001 to $4,500
$2,001 to $2,250
$5,000
$4,501 to $5,000
$2,251 to $2,500
$2,500
$5,001 to $5,500
-
$2,501 to $2,750
$5,501 to $6,000
$2,751 to $3,000
$6,001 to $6,500
$3,001 to $3,250
$6,501 to $7,000
$3,251 to $3,500
$7,001 to $7,500
$7,501 to $8,000
$8,001 to $8,500
You may have booked or applied for a new flat in our Build-To-Order (BTO), Sale of Balance Flats (SBF) or Re-Offer of Balance Flats (ROF) exercises, before learning that your flat had been announced for SERS. There are a few options available in such cases. During the SERS Connect, we will discuss the options with you. Subsequently, you will be given a form to indicate your choice.
You can either:
These options are available to:
First-timers also have additional options. You can:
Prior consent must be obtained from the Official Assignee (OA) if you are applying to buy an HDB flat that is bigger than a 5-room flat or a 3Gen flat. For flat owners whose flats were announced for SERS from 1 February 2016 onwards, the OA's prior consent is also required to buy any flat type with a net purchase of $500,000 or above, after taking into account any HDB subsidies or levy.
You do not need to seek OA's approval to be listed as an occupier of the replacement flat.
To qualify for a 3Gen flat, you need to meet the additional eligibility conditions as follows:
3Gen flat owners cannot rent out any bedrooms within 5 years from collecting the keys. 3Gen flats can only be resold in the open market (upon meeting the required minimum occupation period) to other eligible multi-generation families.
See what flat owners of Blocks 81 to 83 MacPherson Lane can look forward to at a new site in MacPherson, which will be developed for them to live in and enjoy.
Get the site and replacement flat details, as well as the status of 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.
