SINGAPORE - Eight Housing Board (HDB) blocks on West Coast Road have been picked for redevelopment, with residents to be offered new replacement units at Clementi Avenue 1 and West Coast Link.
On Wednesday (Aug 3), the HDB announced the selection of Blocks 513 to 520 West Coast Road, comprising 994 flats, for the Selective En bloc Redevelopment Scheme (Sers).
This is the 80th site to come under the scheme, which began in 1995 and involves demolishing old blocks, offering residents new units nearby, and redeveloping the old site.
Residents of the affected West Coast Road blocks, which date back to 1979, will be offered new units on fresh 99-year leases at two sites.
One site at Clementi Avenue 1 will have two 40-storey blocks offering 680 units in total, ranging from two-room flexi units to large Three-Generation (3Gen) flats for multigenerational families.
The other site, at West Coast Link, will comprise three blocks ranging from 30 to 32 storeys in height, offering 666 units also ranging from two-room flexi to 3Gen flats. The blocks will have sky terraces with greenery, and the Health Ministry plans to develop an eldercare hub nearby to provide services such as day care and home care.
Both projects will include facilities such as a playground, fitness corners, shops, an eating house, a childcare centre and a Residents' Committee.
The new flats are estimated to be completed in the third quarter of 2022.
The Sers plan also includes two sold shops and an eating house at Block 516, and 12 sold shops at Block 517. The owners of these commercial properties will be compensated based on the market value of their units today.
They may opt to buy a new unit on a 30-year lease, or rent one, with selling prices fixed at market value today and rents based on the prevailing market rents at the time of lease. Those who choose not to take up a new unit will receive an ex-gratia payment pegged at 10 per cent of the existing unit's market value.
All affected flat owners and commercial property owners will be informed individually and invited to a Sers exhibition which runs from Aug 6 to 11.