enjoy your golden years withsers...3 aljunied x w eunos crescent a lang/ p a y a ion a l e b a r...

Enjoy your

Golden YearswithSERS

黄金岁月就从选择性整体重建计划开始

Our SERS Team

1a Guide for our Seniors - 2018 Edition

Having lived in your flat and this familiar environment for many years, it is understandable if you are feeling a little anxious and uncertain as we have announced the Selective En bloc Redevelopment Scheme (SERS) for your block.

We have prepared this guide to give you the information you should know about SERS in six simple points and an overview of your rehousing options. We are here to work with you and your family to make sure that your move to your new home is smooth and hassle-free.

Please read this booklet and visit the SERS exhibition to find out more. At the SERS Connect which we will hold soon, you will have another opportunity to meet with your SERS journey manager to verify flat ownership and discuss the rehousing options and your financial plan.

If you have any questions, please call our SERS enquiry line at1800 866 3070.

Because we have kept this guide simple,please also see “My SERS Guide” for more detailed information

Welcome to SERS!

My Guide to aNew Beginning with SERS

2 Enjoy your Golden Years with SERS

SERS!

A NEW LIVING EXPERIENCE

SERS was launched in August 1995 as part of the Government’s continual effort to renew old housing estates in Singapore.

Through SERS, you are offered a unique opportunity to unlock the value of your flat and move to a new home while living close to old neighbours and familiar surroundings.

In the latest

2014/2015 survey, 85% of the households

surveyed were happy with

SERS and highly satisfied with

their new homes!

You may choose a 2-room Flexi, 3-, 4-, or 5-room flat (if you are eligible) in MacPherson.

In and around the desirable precinct are many amenities like the MacPherson MRT Station (Circle Line and Downtown Line), Block 79 and 79A Circuit Road Food Centre, Block 89 MacPherson Market and Food Centre, MacPherson Community Club, Paya Lebar Square and a brand new supermarket, eating houses and shops.

1. What is SERS?

2. Where will my new flat be?

You will only move out of

your flat when your new home flat is ready in

2023.

3

LAN

G/P

AYA

LEB

AR

EXP

RESS

WAY

SIMSDRIVE

R O

A D

GEYLANGEAST

P A Y AL E B A R

S I M S

C H A N G I

R O A D

A V E N U E

KALLAN

G

WAY

SIMS PLACE

EUNOS

ROAD

EUNOS RO

AD 5

CENTRAL

8

EUNOS RO

AD 2

TanjongKatongComplex

ChineseTemple

NeighbourhoodCentre

ChineseTemple

Church

ALJUNIED

MRT STATION

MacPhersonCommunityClub

kMar et &Food Centre

ChurchGeylang EastPark

Geylang EastSwimmingComplex

NeighbourhoodCentre

Nursing Home

HinduTemple

ChineseTemple

Library

CentralGrove

Simsville

PetrolStation

SingaporePostCentre

ChineseTemple

Market &

Joo ChiatComplex

Mosque

GeylangMethodistSecondarySchool

GeylangMethodistPrimarySchool

ProposedChineseTemple

MadrasahWak TanjongAl-Islamiah

Cisco

Polyclinic

PAYA LEBAR

MRTSTATIO

N

EUNOS

NeighbourhoodCentre

PIPIT ROAD

MacPhersonSecondarySchool

Chinese

Temples

Chinese

Temple

ChineseTemple

ChineseTemple

UBI

AVENU

E

1 UBI

Maha BodhiPSchool

Church

Church MATTA R

RO A

D

MacPhersonPrimarySchool

Canossa ConventPrimary School

PetrolStation

MERPATI ROAD

PELT

ON

C

ANAL

AljuniedPark

Mosque

TrafficPoliceHQ

BALA

MRO

AD

L ORO

NG 101

R

O

A D

A L J U N I E D

ChineseTemple

PetrolStation

Church

Proposed Civic& CommunityInstitution

PAYA LEBAR

MRTSTATIO

N

P AN -

I SL A

N D E

X PR E S S W

A Y

P A N- I S L

A N D E X

P R E SS W A Y

Market & HawkerCentre

MACPHERSO

N

(u/c)MRT S

TATION

MATTARMRT STATION(u/c)

UBI

UBI

AVENUE

3

AVENUE

2UBI MR T STATION

(u/c)

MACPHER

SON

MRT STA

TION

Balam ParkConnector

Paya Lebar Square

Food Centre

CIR

CU

IT

ROAD

M A C PH E R S

O N R O

A D

A I R P OR O A

D

R T

(Interim)

Proposed Nursing Home

ProposedWismaGeylangSerai

LifelongLearningInstitute

PetrolStation(Interim)

Proposed Civic &CommunityInstitution

(Interim)


Proposed Health & MedicalCare

PELTON

CA

NAL


Proposed Place ofWorship

Pelton CanalPark Connector

Sims Urban Oasis (u/c)

Tre Residences (u/c)

Nursing Home (Interim)

Proposed P

olice Divisi

onal HQ &

Transport S

ecurity Com

mand Base

(Existing G

eylang Nei

ghbourhoo

d Police C

entre)

ChineseTemple

High-Rise Commercial Development (u/c)

ProposedPark

Bus Interchange

KALL

ANG

/PAY

A L

EBAR

EX

P RE S

SWAY

SIMSDRIVE

R O

A D

GEYLANGEAST

P A Y AL E B A R

S I M S

C H A N G I

R O A D

J O O C H I A

JOO C

HI

A V E N U E

KALLAN

G

WAY

SIMS PLACE

EUNOS

ROAD

EUNOS RO

AD 5

CENTRAL

8

EUNOS RO

AD 2

T H A I G


ChineseTemple

NeighbourhoodCentre

ChineseTemple

Church

ALJUNIED

MRT STATION





NeighbourhoodCentre

Nursing Home

HinduTemple

ChineseTemple

Library

CentralGrove

Simsville

PetrolStation

SingaporePostCentre

ChineseTemple

Market &Food Centre

City Plaza

Joo ChiatComplex

Kg UbiCommunityCentre

Mosque





Cisco

Polyclinic

PAYA LEBAR

MRTSTATIO

N

EUNOS AVENUE

5 EUNOS CRESCENT

NeighbourhoodCentre

PIPIT ROAD


Chinese

Temples

Chinese

Temple

ChineseTemple

ChineseTemple

UBI

AVENU

E

1 UBI

AVE

NUE

Maha BodhiPrimarySchool

Church

Church MATTAR

RO A

D



PetrolStation

MERPATI ROAD

PELT

ON

C

ANAL

AljuniedPark

NeighbourhoodCentre

Mosque

TrafficPoliceHQ

BALA

MRO

AD

JOO CHI

LORO

NG 101

A V E N U E

R

O

A D

ROAD

A L J U N I E D

ManjusriSecondarySchool

ChineseTemple

PetrolStation

Church

Nursing


S I MS

PAYA LEBAR

MRTSTATIO

N

P AN -

I SL A

N D E

X PR E S S

W A Y

P A N- I S L

A N D E X

P R E SS W A Y


MACPHERSO

N

(u/c)MRT S

TATION


UBI

UBI

AVENUE

3

AVENUE

2UBI MRT STATION

(u/c)

MACPHER

SON

MRT STA

TION

Balam ParkConnector

Paya Lebar Square

Food Centre

CIR

CU

IT

ROAD

M A C PH E R S

O N R O

A D

A I R P OR O A

D

R T

(Interim)






(Interim)



PELTON

CA

NAL







Proposed P

olice Divisi

onal HQ &

Transport S

ecurity Com

mand Base

(Existing G

eylang Nei

ghbourhoo

d Police C

entre)

ChineseTemple


ProposedPark

Bus Interchange

SIMSDRIVE

R O

A D

GEYLANGEAST

P A Y AL E B A R

S I M S

C H A N G I

R O A D

J O O C H I A

JOO C

HIA

A V E N U E

KALLAN

G

WAY

SIMS PLACE

EUNOS

ROAD

EUNOS RO

AD 5

CENTRAL

8

EUNOS RO

AD 2

TANJO

NG

H A I G


ChineseTemple

NeighbourhoodCentre

ChineseTemple

Church

ALJUNIED

MRT STATION





NeighbourhoodCentre

HinduTemple

ChineseTemple

Library

CentralGrove

Simsville

PetrolStation

SingaporePostCentre

ChineseTemple

Market &Food Centre

City Plaza

Joo ChiatComplex


Mosque





Cisco

Polyclinic

PAYA LEBAR

MRTSTATIO

N

EUNOS AVENUE

5 EUNOS CRESCENT

EU

NeighbourhoodCentre

PIPIT ROAD


Chinese

Temples

Chinese

Temple

ChineseTemple

ChineseTemple

UBI

AVENU

E

1 UBI

AVEN

UE

1

Maha BodhiPrimarySchool

Church

Church MATTA R

RO A

D



PetrolStation

MERPATI ROAD

PELT

ON

C

ANAL

AljuniedPark

NeighbourhoodCentre

Mosque

TrafficPoliceHQ

BALA

MRO

AD

JOO CHI

L ORO

NG 101

A V E N U E

R

O

A D

ROAD

A L J U N I E D


ChineseTemple

PetrolStation

Church

NursingHome


S I MS

PAYA LEBAR

MRTSTATIO

N

P AN -

I SL A

N D E

X PR E S S W

A Y

P A N- I S L

A N D E X

P R E SS W A Y


MACPHERSO

N

(u/c)MRT S

TATION


UBI

UBI

AVENUE

3

AVENUE

2UBI MR T STATION

(u/c)

MACPHER

SON

MRT STA

TION

Balam ParkConnector

Paya Lebar Square

Food Centre

CIR

CU

IT

ROAD

M A C PH E R S

O N R O

A D

(Interim)






(Interim)


PELTON

CA

NAL







Proposed P

olice Divisi

onal HQ &

Transport S

ecurity Com

mand Base

(Existing G

eylang Nei

ghbourhoo

d Police C

entre)

ChineseTemple


Bus Intercha

nge

KALL

ANG

/PAY

A LE

BAR

EXP R

E SSW

AY

SIMSDRIVE

GEYLANGEAST

P A Y AL E B A R

S I M S

S I M S A V E N U

E

KALLAN

G

WAY

SIMS PLACE

EUNOS

ROAD

EUNOS RO

AD 5

CENTRAL

8

EUNOS RO

AD 2


ChineseTemple

NeighbourhoodCentre

ChineseTemple

Church

ALJUNIED

MRT STATIO

N


Market &Food Centre



NeighbourhoodCentre

Nursing Home

HinduTemple

ChineseTemple

Library

CentralGrove

Simsville

PetrolStation

SingaporePostCentre

ChineseTemple

Market& FoodCentre

City Plaza

Joo ChiatComplex


Mosque

GeylangMethodist

(Secondary)School

GeylangMethodist

(Primary)School


JamesCookUniversity(Interim)


Cisco

Park(u/c)

Polyclinic

PAYALEBAR

MRTSTATI

ON

EUNOS CRESCENT

NeighbourhoodCentre

PIPIT ROAD

Chinese

Temples

Chinese

Temple

ChineseTemple

ChineseTemple

UBI

AVENUE

1

Maha BodhiSchool

Church

Church MATTAR

RO A

D



PetrolStation

MERPATI ROAD

PELT

ON

C

ANAL

Mosque

TrafficPoliceHQ

EUNOS

JOO CHI

LORO

NG 101

A V E N U

R

O

A D

G E Y L A N G

R O A D


ChineseTemple

PetrolStation

Church


P AN -

I SL A

N D E

X PR E S S

W A Y

P A N- I S L

A N D E X

P R E SS W A Y


UBI

UBI AVENU

E 3

AVENUE

2

Balam ParkConnector

Paya Lebar Square

Food Centre

CIRC

UIT

ROAD

M A C PH E R S

O N R O

A D

(Interim)

Nursing Home

WismaGeylangSerai(u/c)


(Interim)



PELTON

CANA

L Proposed Health & MedicalCare





Geylang Neig

hbourhood Po

lice Centre

ChineseTemple

PayaLebarQuarter(u/c)

ProposedPark

Park (u/c

)

Nexus International School (u/c)

Sims Avenue Park Connector

ROAD

BALA

M

MATTARMRT STATION

MACPHER

SON

MRT STA

TION

MACPHE

RSON

MRT STA

TION

PAYA LEBAR

MRT STATION

UBI MRT STATION

P A Y A L E B A R R O A D

A L J U N I E D

R O A D

A L J U N I E DR

O A D


EUNOS AV

ENUE 5

EUNOS AVENU

E 5

Proposed

Civic &

Community

Institution

Circuit Road(630 units)

a Guide for our Seniors - 2018 Edition

Please refer to page 7 for selling prices of the flats

As the information provided is based on the current planning intent of the relevant government agencies, they are indicative only and are subject to review from time to time. The number of new flats to be built may change if we need to adjust the mix of flats to meet the rehousing needs of residents.

Not drawn to scale

My SERS Guide


You will receive the market value of your flat as compensation and some reasonable expenses to help you move. You can use the compensation to pay (in part or full) for a new flat at subsidised price.

Some of the compensation may be refunded to your CPF Account. If you are 55 years old and above, part of this refund will be used to meet your Full Retirement Sum in your Retirement Account (RA). The remaining CPF refund may be paid to you as cash or you can choose to leave them in your Ordinary Account (OA).

Under SERS, eligible flat owners enjoy a$15,000 (singles) or $30,000 (joint singles and families) SERS grant to buy a new flat.

3. Do I need more cash to buy my new flat?

Please see pages 4 and 5 for details on Compensation

My SERS Guide


We will make the CPF refund before you collect the keys to the new flat. At that time, if you need to use the refunded CPF money to buy your new flat, we can help you apply to the CPF Board on your behalf.

CPF Board may approve the use of some or all of your refunded CPF money to the RA for the purchase of your new flat, where feasible (see note 1). We will be able to advise you further on this during the SERS Connect at the HDB Hub.

Our SERS team, together with your SERS journey manager, will help you apply for a replacement flat that meets your budget and needs.

Generally, if you have fully paid up the housing loan for your flat, you will not have to use cash when buying the same type of new

flat on a similar floor level and in the same location.

Note1 This may not apply if you have withdrawn your CPF savings under the Medical Grounds Scheme.


3

2

1

Here are the rehousing options you may consider. Please take your time to consider the options below and talk through the possibilities with your family.

Receive ex-gratia payment on top of your compensation instead

of SERS rehousing benefits

Sell or transfer your flat with SERS rehousing

benefits.

Apply for a flat underBuild-To-Order (BTO), Sale

of Balance Flats (SBF) or Re-Offer of Balance Flats (ROF)

exercise, with SERS rehousing benefits. There is a 10% priority

allocation for applications under BTO andSBF exercise.

Buy a new 2-room Flexi (see note 2), 3-, 4-, or

5-room flat if you are eligible, at the offered

precinct.

Note2 2-room Flexi flat on short lease of between

15 and 45 years (in 5-year increments) are available for flat owners who are at least 55 years old at the point of SERS announcement.

Speak to your SERS Journey Manager to find out more.

I have my own alternative

housing

I would like to live in another place

I would like to live in

MacPherson

or

4. What are the rehousing options and benefits?


If you meet the qualifying age and top up your CPF Retirement Account, you may also be eligible for a Silver Housing Bonus of up to $20,000 per household when you buy a smaller type of replacement flat (2-room Flexi or 3-room flat).

Note3 This does not include reasonable expenses made up of removal allowance, stamp and legal fees.

Please speak to your SERS journey manager to find out more about schemes and bonuses

for seniors

Example of a 3-room (61, 63 or 64 m2) flat owner with no outstanding housing loan buying a 2-room Flexi (45 m2) flat

Estimated market value of current flat on the 6th storey (see note 3)

$310,000

Estimated subsidised price of new flat on the 6th storey after $30,000 SERS grant (if eligible)

$191,000

What you will receive (cash and/or CPF)

$119,000

Silver Housing BonusUp to $20,000

if you top up your CPF Retirement Account


You may buy your new flat with your immediate family

members [parent(s) or child, if eligible]

by including them asco-applicant of the

new flat.

Yes, they can. We will reassess the SERS rehousing benefits if your parent(s) or child owns a private property, or has had SERS rehousing benefits or two HDB housing subsidies before. Your SERS journey manager will be happy to explain.

5. Can family members be included in the application for a new flat?

9a Guide for our Seniors - 2018 Edition 9a Guide for our Seniors - 2018 Edition

Is the person who passed away the only owner of the flat?

Is the flat held in a joint tenancy?

You can find this informationin the lease agreement.

Their estate will be distributed according to their will (if any) or

according to theIntestate Succession Act.

If their beneficiaries are eligible and want to take over the SERS flat, only those who are existing occupiers can keep the existing SERS rehousing benefits. Otherwise, we will reassess the SERS

rehousing benefits.

The HDB flat will be passed on to the co-owner(s).

The application for the new flat can be retained if they meet our eligibility conditions to own a flat, which may change from

time to time. There will be no change to the SERS

rehousing benefits.

6. What if the owner passes away before collecting the keys to the new flat?

Yes

YesNo

No

Start


#1

#2

#3

#4

Before you meet us, you may want to prepare by doingthe following.

This will come in handy to access your CPF account, other Government e-Services and future online applications. Apply online at www.singpass.gov.sg if you do not have one.

Log on to www.cpf.gov.sg or visit a CPF branch with your SingPass to check your CPF balance.

Log on to www.hdb.gov.sg/myhdbpage if you have taken an HDB loan or speak to your bank representative if you have taken a bank loan.

Discuss your rehousing options with your family members or your SERS journey manager.

What’s next?

Apply for a SingPass.

Find out how much in CPF funds you have to buy your new flat.

Check the outstanding loan you have on your flat (if any).

Consider whether you want to increase your retirement funds by buying a 2-room Flexi flat with a choice of lease or 3-room flat and topping up your CPF Retirement Account.

注：本册子的资料以出版时为准。有关资料可以因相关机构或我们的决定而修改。册子里的资料全属建屋局所拥有。在未经我们的书面同意之前，您不可以复制册子里的资料。

本册子的资料也以英语、马来语及淡米尔语出版。若有不明确之处，请参阅英语版为准。

Note: The information in this brochure is current at the time of printing. It may change due to amendments made by the relevant authorities or if we decide. All rights reserved. You cannot copy this brochure without our written permission.

The information is also available in Chinese, Malay and Tamil. However, if there is any difference in the information in the other languages, the English version shall take priority.

enjoy your golden years withsers...3 aljunied x w eunos crescent a lang/ p a y a ion a l e b a r...

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