Marsiling HDB flats' acquisition: Little to no top-ups for new replacement flats

  • 📰 thenewpaper
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

(function() { 'use strict';window.addEventListener('message', function(event){ if (typeof event.data['datawrapper-height'] !=='undefined'){ for (var chartId in event.data['datawrapper-height']) {var iframe=document.getElementById('datawrapper-chart-' + ...

Housewife Saniah Dasmin, 63, who has been living in her five-room unit in Block 215 for the last 25 years, said she is reassured by the prices stated in the brochure.

Owners who do not wish to take up a replacement unit can choose to sell their flats on the open market. "Nowadays, new three-room flats are so small, I don't want to squeeze in my retirement years. I don't know how I can afford a four-room flat but I'll think about it when it comes or appeal to the Government for help," said Mr Cheung, who lives with his wife and daughter.Some residents shocked by acquisition for Checkpoint expansion, others welcome move

In response, HDB said it is looking into feedback from seniors that they do not need the fresh 99-year lease that comes with the replacement units and is exploring options to assist these households in the four affected blocks.Professor Sing Tien Foo, director of the Institute of Real Estate and Urban Studies at the National University of Singapore, said Marsiling - which sits in the non-mature estate of Woodlands - is likely to have more empty land that could serve as replacement sites.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines