Serangoon North HUDC estate completes privatisation
Published on May 8, 2014 12:18 PM
The HUDC estate at Serangoon North Avenue 1 has been privatised, becoming a strata-titled property under the Land Titles (Strata) Act, the Housing and Development Board said in a statement on Thursday.
This is after the required 75 per cent support was achieved for the move, which was initiated by residents.
The estate comprises 244 units of flats at Blocks 128, 129, 130, 131, 132, 133 and 134 Serangoon North Avenue 1.
This was the fourteenth of 18 Housing and Urban Development Company estates to complete the privatisation process, with the remaining four in the midst of doing so.
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