On The Ground

Sers no longer viewed as a guaranteed 'windfall' after Ang Mo Kio episode

Residents in the Ang Mo Kio Sers exercise were faced with having to fork out up to $100,000 for a replacement flat. ST PHOTO: CHONG JUN LIANG
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SINGAPORE - Being picked for the Selective En bloc Redevelopment Scheme (Sers) used to be great news for Housing Board dwellers, akin to striking the lottery or gaining a windfall.

This was because Sers owners could essentially upgrade from an ageing flat to a new flat with a fresh 99-year lease at little to no extra cost.

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