The residents have the option to apply for the BTO flat under the priority scheme
August 18, 2022 | Staff Reporter | Singapore | Property Management
Ang Mo Kio residents affected by the Selective En bloc Redevelopment Scheme (Sers) will now have the option of applying for a new flat in the same estate.
In an upcoming Build-To-Order (BTO) sales exercise this month (August), up to 10 per cent of the flats offered at Central Weave Ang Mo Kio BTO project will be set aside for priority allocation for eligible households. This includes residents affected by Sers.
This means if the number of applications the Housing Board receives is within 10 per cent of the flat supply, all applicants will be able to book a flat. The selection order will be decided in a ballot.
If the number of applications exceeds 10 per cent, applicants will be assigned queue numbers via a ballot, similar to the standard BTO process.
The 10 per cent priority allocation comes under the Resettlement, Relocation, Sers and Tenants' Priority Scheme, which also covers other groups of buyers such as tenants of HDB rental flats.
In a letter sent to Ang Mo Kio Sers residents on Aug 5 and seen by The Straits Times, HDB said some residents had expressed interest in applying for the Ang Mo Kio BTO exercise in August.
HDB said it has decided to allow residents to apply for the BTO project as it is located within Ang Mo Kio Town and the delivery possession date (DPD) is estimated to be within 2029.
DPD is the legal contractual date by which HDB is required to hand over the keys to residents.
Residents will also be able to apply for the Keat Hong Grange BTO project in Choa Chu Kang, Woodlands South Plains BTO project in Woodlands, and Sun Plaza Spring BTO project in Tampines during the August BTO sales exercises, subject to the 10 per cent priority application.
HDB said this is because these projects have a DPD that is no later than March 31, 2029, which is the DPD of the designated replacement site next to ITE College Central.
The August BTO sales exercise is expected to launch sometime this month.