Rehousing Options

These are the rehousing options available to you following a Selective En bloc Redevelopment Scheme (SERS) announcement for your flat. Review them to decide on the option that suits you best.

Take up a new flat at replacement site

You can choose to purchase a new 99-year lease flat at the designated replacement site.

Additional option for SERS sites announced on or after 7 Apr 2022

You may choose to purchase a new 3-room or larger replacement flat on a 50-year lease at the designated replacement site, if you are aged 45 and above.

Conditions

Using the housing subsidy
  • We will treat buying a replacement flat as 1 separate housing subsidy

Buying private property or reselling the replacement flat
  • You are not allowed to buy or acquire an interest in a private property after the SERS announcement
  • For SERS sites announced before 7 Apr 2022
    • You may buy or acquire an interest in a private property or sell the replacement flat only after either of the following, whichever is earlier:
      • 7 years from the date of selection of the replacement flat.
      • 5 years from the date of collecting the keys.
  • For SERS sites announced on or after 7 Apr 2022
    • You may buy or acquire an interest in a private property or sell the replacement flat only after living in the replacement flat for at least 5 years from collecting the keys.
  • You may need to pay the Seller's Stamp Duty (SSD) if you sell your replacement flat within a certain holding period. More information on the SSD can be obtained from the IRAS website.

Renting out the replacement flat
  • You (Singapore citizens only) may rent out the whole flat only after living in the replacement flat for at least 5 years from the date of key collection. You must also get our approval to rent out the whole flat
 

Apply for a flat elsewhere under our sales exercises

You may choose to apply for a flat elsewhere with SERS rehousing benefits under the Build-To-Order (BTO) or Sale of Balance Flats (SBF) exercise, or open booking.

To apply for a Prime Location Public Housing (PLH) flat elsewhere with rehousing benefits, you need to meet the prevailing eligibility conditions for the purchase of a BTO flat.

 

Priority allocation

We set aside up to 10% of the flats offered in BTO or SBF exercises for priority allocation under the Resettlement, Relocation, SERS, and Tenants' Priority Scheme, for eligible households. This does not include flats launched under the Prime Location Public Housing model or under open booking. Under this priority scheme:

  • If the number of applications that we receive is within 10% of the flat supply, all applicants will be able to book a flat
  • The order in which we invite applicants to choose their flat will be decided in a ballot with the other public applicants
  • The selling prices of the HDB flats will be the same as that offered to public applicants

If you have been shortlisted to book a flat under a BTO or SBF exercise, or booked a flat under the open booking, and then decide not to carry on with your public sales application, we will place you at the back of the selection queue for a new flat at the designated replacement site.

Conditions

Using the housing subsidy
  • When you buy a replacement flat elsewhere, it would be considered as 1 separate housing subsidy

Completion of BTO or balance flat elsewhere
  • The Delivery Possession Date (DPD) of the BTO or balance flat must not be later than the DPD of new flat at the designated replacement site

Buying private property or reselling the replacement flat
  • You are not allowed to buy or acquire an interest in a private property following the SERS announcement
  • To buy or acquire an interest in private property, or to sell your replacement flat, you can only do so after living in the replacement flat for at least 5 years from collecting the keys to your replacement flat

Renting out the replacement flat
  • To rent out the whole flat, you must be a Singapore citizen and have lived in it for at least 5 years from the date of key collection. You must also get our approval to rent out the whole flat
 

Sell or transfer your SERS flat

To give you more time to find out the SERS rehousing benefits before deciding to sell or transfer your flat with the SERS rehousing benefits, there will be a one-month freeze on the resale or transfer of your flat. You may grant the Option to Purchase for resale and submit the resale application; or submit your transfer application thereafter. You are not allowed to sell your SERS flat if you have previously enjoyed SERS rehousing benefits. 

Conditions

Using the housing subsidy
  • We will treat selling the SERS flat with rehousing benefits as 1 separate housing subsidy
  • If you bought the SERS flat directly from HDB or from the open market with a CPF Housing Grant, we will treat you as having had 2 housing subsidies after selling the flat with rehousing benefits
  • We will also treat you as having had 1 SERS benefit

Selling a SERS flat with  rehousing benefits
  • You are only allowed to sell the SERS flat to families (not including non-citizen spouse families) who are eligible to buy flats on 99-year lease directly from HDB
  • The buyers will generally be given the same rehousing benefits as you
  • The buyers will not have the option to buy a 3-room or larger replacement flat on a 50-year lease at the designated replacement site, or to take up the Lease Buyback (LBS) Scheme for the SERS flat buy a short-lease replacement flat thereafter
  • The buyers will not be given any SERS grant if:
    • you have not met the minimum occupation period (MOP) for your SERS flat; or
    • you have sold a private property within 30 months before the SERS announcement date
  • You can get a preliminary assessment of the rehousing benefits we will give to your buyers. If you want to sell the SERS flat, you may ask for a certificate of eligibility for resale (COER) before granting an Option to Purchase to the buyers

Transferring a SERS flat with rehousing benefits
  • If there is a change in your family's circumstances, such as marriage, divorce or demise of an owner, you may transfer your SERS flat to another family member(s) without monetary consideration. Before submitting the transfer application, you and the new owner(s) should consider the eligibility conditions and finances required. Speak to your officer-in-charge at the Branch to find out more if you want to transfer your SERS flat to eligible family member(s)
  • After the transfer is approved, we will assess the rehousing benefits based on the more restrictive set between you and the new owners

Buying private property
  • You may buy or acquire an interest in a private property only after the legal completion of the sale or transfer of the SERS flat
 
 

Receive ex-gratia payment on top of compensation instead of SERS rehousing benefits

Return the SERS flat and receive ex-gratia payment, on top of compensation. By doing so, you will forgo the SERS rehousing benefits.

Conditions

Amount of ex-gratia payment
  • The payment we offer is $30,000 plus SERS grant, if you are eligible and provided that:
    • you have met the minimum occupation period for the SERS flat
    • you have not disposed of a private property within 30 months before the date of applying for the payment
  • If you are not eligible for the SERS grant, it follows that your ex-gratia payment will be $30,000
  • We will pay you the amount 50% in cash, and 50% into your CPF ordinary account
Using the housing subsidy 
  • When you receive the ex-gratia payment, it would be considered as 1 separate housing subsidy
  • If you bought the SERS flat directly from HDB or from the open market with a CPF Housing Grant, you would be considered as having had 2 housing subsidies and 1 SERS benefits after you return the SERS flat

Paying the resale levy
  • You need to pay a resale levy based on the type of your SERS flat type when buying the next subsidised flat from HDB or an executive condominium (EC) from a developer (if eligible)
Buying private property
  • You may buy or acquire an interest in a private property only after returning the SERS flat to us
Renting a flat from HDB
  • You may apply for a rental flat from HDB (depending on our rental policy which may change from time to time) only after 30 months from returning the SERS flat

Restriction on future HDB housing loan
  • We will reduce the amount of an HDB housing loan (depending on your eligibility and credit assessment) you take in the future by the ex-gratia payment amount that you have received in cash
 

Further notes on buying private property

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 privatised HUDC flats, ECs, properties outside Singapore, properties acquired by gift or inheritance and properties owned, acquired or disposed through nominees). 

You (including spouse, occupiers and existing private property owners) can only buy or acquire an interest in a private property after you have met the minimum occupation period of the replacement flat. Otherwise, you may not be able to buy or keep the replacement flat.

 

 

 

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