Owners of Ang Mo Kio Sers Flats to get 7.5% Higher Compensation than Earlier Estimates
“With these available alternatives, as well as based on the actual (higher) settlements for flats in the four blocks in Ang Mo Kio Opportunity 3, mostly all (99%) level proprietors can purchase a new replacement apartment of a comparable flat type or size without money top-up, as well as appreciate the benefits of moving into a new level with a lease that can last them till the age of 95 and above,” HDB states.
In a Nov 9 press statement, HDB associates the higher compensation to resale market motions between the first estimates performed in February 2022 as well as the Sers announcement on April 7. It also takes into account the problem of each flat complying with a physical assessment, with well-renovated as well as properly maintained apartments regulating greater market values.
Flat owners can choose a new replacement flat with a fresh 99-year lease. They likewise have the …