Owners of Ang Mo Kio Sers Flats to get 7.5% Higher Compensation than Earlier Estimates
Apartment owners will certainly be offered new substitute apartments that will certainly be built at Ang Mo Kio Drive. The new development will certainly consist of six blocks with a total of 1,065 systems, consisting of two-, three- and four-room devices. Eligible level proprietors will certainly obtain a Sers give of as much as $30,000 for the acquisition of a replacement level.
The four influenced blocks– Blocks 562 to 565 on Ang Mo Kio Avenue 3– consist of 606 systems of generally three-room and four-room apartments. Along with the payment for their level, Zion Road Condo HDB will additionally pay flat owners $10,000 in removal allowance to cover moving costs, in addition to the stamp as well as legal costs for the purchase of a similar substitute flat.
Lee notes that the upcoming BTO workout in November will use regarding 9,500 apartments, and also another 2,900 to 3,900 BTO apartments …
