[Sticw]

If I may speak freely, sers or any form of govt forced eviction in the name of redevelopment should be more lucrative to existing owners than en bloc in private development.

First, private development is done via owner voting and majority wants out. The rest of it is done by valuers and often tender with reserve price. HDB flat owners were not given the choice but forced upon. The price is also determined by HDB and there's no negotiation of a win win situation. Secondly, the replacement offer by the govt for the HDB flats is not up to the existing owners. Of course the owners can sell the current flat so someone else gets the sers replacement flat. However, the valuation of current and replacement flat works out not in favour to the existing owners. If you own a private property and the sale price is going to be lower than your expected replacement price, would you go ahead and sell (tender award below reserve price)?

But this is Singapore so they will tell you to do national service. But when they profit from the redevelopment, they will not share anything with you. Other than saying more people on the gst take. But who landed you on the social handouts? Lol