26-05-2022, 01:00 PM
(26-05-2022, 12:21 PM)Huliwang Wrote: I thought SERS is upgrade only and owners must come out money for new lease of life and upgrading.
ENBLOC they buy back your old house and let you buy a brand new unit at subsidize price..
The Selective En bloc Redevelopment Scheme (SERS) renews our older housing estates. If you are a SERS resident, you will get the opportunity to move to a new home with a new 99-year lease, and continue living close to your current neighbours. SERS flat owners will also be given a package comprising compensation and rehousing benefits.