'It's hard for us to move': Residents react to Ang Mo Kio HDB Sers, first in nearly 4 years
Vložit
- čas přidán 6. 04. 2022
- Four Housing Board blocks in Ang Mo Kio Avenue 3 have been picked for the Selective En bloc Redevelopment Scheme (Sers), the first such project announced since May 2018. Flat owners - some who have lived here for more than 40 years - say they have mixed feelings about the news, including uncertainty about whether it's a financial windfall. READ MORE: str.sg/why3
Related articles
Sers for Ang Mo Kio HDB blocks: Speculation about it started 8 years ago
str.sg/whF7 [For subscribers]
SUBSCRIBE ➤ bit.ly/FollowST
Turn on notifications 🔔 to stay updated
--------------------
WEBSITE ➤ www.straitstimes.com
FACEBOOK ➤ / thestraitstimes
TIKTOK ➤ / straitstimes
INSTAGRAM ➤ / straits_times
TWITTER ➤ / straits_times
TELEGRAM ➤ t.me/TheStraitsTimes
PODCASTS ➤ str.sg/stpodcasts
For the latest news and videos follow ST on CZcams: bit.ly/FollowST
Turn on notifications 🔔 to stay updated.
If one to one exchange with no new housing loan to pay. It is worth the effort with a new 99 years lease.
True... hopefully it is bigger than the present flat lor.
The residents still have a few more years to stay before they need to move
Its's difficult to move, especially for the older residents. Some of them bought the flat to live peacefully and pass on. Now suddenly, everything is disrupted. If you are an older person, especially single retiree, how to move things, renovate etc. Practically, everyone says they prefer to live in the same place. This is not a market transaction between HDB and the resident, seems like a forced eviction. Is it really necessary? If there are only a few decades to the end of the lease of the current property, why not let them live (and die) there and implement the new plans after that? What is a few decades in the wider scheme of things and long-term urban planning?
😇👍👍👍👍👍
The elderly are all so enthusiastic
??
Doesn't seem like it. Practically, everyone says that they prefer to stay. Not sure how you came to this (erroneous) conclusion.
@@JJRed888 you can't see him rolling his eyes as he types
They are boomers they don’t give a damn
1979 flat is still not that old!
So lucky for those staying in the affected blocks. Don't need to worry about spalling concrete, water leakage, etc that comes with aged flats. Will have central refuse chute so no problem with pests. Also, new flats have functional layout with service yard in the kitchen and privacy without bedroom windows facing common corridors.
It's disadvantage of no windows at corridors is when comes to fire, the only way out is jumping from windows if the house has no fire distingisher
It's too hard for them. Just recovering from pendamic yet another difficult situation to adjust.
Yeah, have to spend money on renovation again and unforeseen expenses coming up
😇👍👍👍👍👍
Go with the flow, don't be attached... that's life....
Happy? Till she knows the price of new flat and location inconvenience
At first you thought is a financial windfall....when they pay you 450K and the new one cost 550K....you suddenly think twice about the windfall that actually strike you with a scourge..haha...sad
For elderly who stayed for more than 10, 20 years, age 60+, plan to retire.
Once they move to a new flats.
1...Need to do some Renovation,
2...Need to put back 100K to 150K back to CPF.
Then how you think they can afford to paid.
That's What happen to my Late Parents.
And All children need to come out $$$$ to help ( Even they have their own family n Financial to TakeCare ).
Many ppl here staying in HDB do not know or fully understand the rules about CPF and HDB. Daft voters they are indeed and it shows in the comment.
For many folks in such old HDB that got SERS, most will not even have contribution to their OA already having retired or insufficient contribution, to meet the new loan required to move to the newer place and even unable to satisfy their FRS for those above 55. Some even have not fully paid for their HDB. After deducting all the expenses and $ back to CPF, they cannot even buy..shxt let alone a similar unit of similar size.
Many would need to downgrade to a smaller HDB, if their children did not 'help' to chip in to the top-up required for the difference, between the compensated price and the price they need to pay for the new place!
Sorry for those out there who think its a windfall,my dad used to work in the construction industry for more than 40 years including building his company from scratch before he retired before the 00s . He has mentioned before that flats built before the 00s were considered spacious and good(before construction companies from China starts pouring in ) especially those who purchased it during the 70s up till the early 90s ,they paid less than 100k back then ,if its built in the 1979 ,given the depreciation priceper year ,do the math ,in today's market value for the same per square meter of each space,are these owners gonna fork out an additional amount which exclude a decent renovation plus the current flats are small and has limited tiny space,i think those resudents might as well get a condominium especially those who stayed there for less than 5 years .
How much are they gonna pay them though
Yahoo for them
New condo coming on its place.
Where's the new location?
I recall some housing adverts specifically state that their block is a prime candidate for future sers, so if the last family moved in only 3 yrs ago, i bet they bought it knowingly.
WOODLANDS.....CAUSEWAY....BEST
How can Singaporean live in small spaces?? Every building is very tiny spaces.?? You guys such a good and tolerant people! Bravo!
It seems you live on a open ground or in subways or mrt stations. Bravo to you
You need to see Hong Kong tiny spaces
Singapore is densely populated like most world class Asian cities such as Hong Kong, Tokyo and Seoul where apartments tend to be quite small. But at least ours are bigger than the rest.
Move back when the new HDB is build
These blk not the old commonwealth close blk 81 to95 very old more than 55 years
the compensation etc..is very good compared to..I don't want to mention the countries...some Don't get compensated like that...at all...
My HDB residential estate will reach the end of its lease period in July 2023. I can soon expect to receive SER's notification.
Which HDB? The earliest block is 1950s which means only 2050 that there will be house that will be nearing lease end.
These residential buildings do not appear run down or about to collapse, if we compare them to the buildings in Mumbai! Why then is the Govt so keen on redevelopment?
Because this is Singapore not Mumbai!
compare with mumbai ??😂😂😂
@@s8210534d
Well said.
@@Potomacstud I also 😅😅😅
Most HDB building built in the 80s. The system is 99 year lease. Redevelop it and sell it to make money again.
Paid up the full amount already for the hse.whih was big, now go to smaller flat , n continue paying. Nothing belongs to u , Wil say like staying rental flat
Don't kpkb. No sers, you cry.
Have to return the house after 99 years. Something is wrong with people like you.
Exactly true, houses is no longer an asset anymore unless Mr Lee Kuan Yew is still alive
@@jasmainehum3335
Look at other countries to understand.
@@jasmainehum3335
Since no longer assets, why own them. Go find some place to rent.
@@rslin4888who the hell lives untill 99 years old, older flats are more spacious, who 💩 do you know about ? I don't give a shit about sers after seeing how horrible the upgrading has been done 20 years ago, everything just falls apart in just a few years and the bathroom and toilet cubicle doors looks pathetic. Go and take a look at the new flats and you will be crying at how limited space they are as if you live in Hong Kong apartment .
Blk 208 AMK has been bypass again and again after seeing 307, 246 got their SERs. Guess a new MRT station with access to north, south, east, west and excellent night scenaric view will.not land it into SERs. Anyway shld be contended to have a new mrt station right at the next door at ave 6. Incase impending bomb strike, still.have time to walk to its bomb shelter. Hope govt mince its words on Russia, China, North Korea. Each has nuclear stockpile. Singapore is the only land we have.
👍👍👍👍👍
?????ONLY 4 BLOCKS?????
They just have to ask themselves one simple question: Whom did they vote for?
Basically the area must be redeveloped to high class condominium for our FTs and CECA rats. Singaporean pioneers are forgotten and displaced.
What rubbish are you spouting ?
AMK SER selected blocks/ residents are like having strike lottery.
You vote for them mah. 👏👏👏
This is what happens when the area is an impenetrable fortress for the PAP. They can do whatever they want.
Dumb rat who don't know what you are posting.
Its hard indeed. Do they care? Reality No!!! Thats the problem when government only think of making $$$$ thru such means
To deal with the 99 year lease. Just buy a house in Johor Baru Malaysia
@@beautyandthesimp 👍👍👍
Youra master plan will know. Got permission to tell ?
Make some new friends in new HDB estate especially everyone move over together, so familiar faces are still there in the vicinity.
When you have to pay housing loan again, see you hit jackpot or not…😂😂😂
downsize lor. not sure if it's possible to sell the remaining lease of a bto to HDB to offset. old ppl don't need 99 years lease , esp when their kids have their own HDB then they can't keep the inherited flat anyway.
@@pyt6631 true, and the flat weren't inherited for free, as they're acquired to buy over instead, in this case majority would rather get a new flat with new lease instead. my mom thought after paying off the housing loan with her cpf, in the future me and my siblings were able to inherit to house, but turns out not. have to sell the unit and return the initial selling price with interest.
@@dchew5552 truth is revealed....its never ever our flat....HDB BTO🤣HOMEOWNERSHIP🤣🤣🤣
@@dchew5552
Can you share where I can read about that information?
Law or rules and regulations of why not inherit to my children.
I got it wrong as well.
Thanks in advance.
I tot is a good news for everyone. Making profits.
"I'm so happy!" and "It's a financial windfall". The residents stand to gain from the sale. Thanks to the caring, responsible and capable s'pore govt. 👍👍
can you do the math...again
This goes to show that Sporeans are too self entitled and spoilt.
No Sers, kpkb. Have to return to the govt after hitting the end of lease ie 99 years.
Everyone was demanding all flats to be Sers.
Now Sers, kpkb
Insatiable.
Cause people think sers is one to one of with money given to them to rehouse. Now it is not.
Can exchange with me . I stay block 561
but your neighborhood many chee ko peks