SINGAPORE - Six blocks of flats at Woodlands Centre Road have been selected for the Selective En bloc Redevelopment Scheme (SERS) by the Government.
Blocks 1A to 6A, Woodlands Centre Road will be the 78th site to benefit from SERS. It comprises 147 sold flats completed in 1980.
Residents will move to the new replacement flats at Woodlands Drive 70 by 2016. There are 190 units of new two-room, three-room, four-room and five-room flats to accommodate them.
The new flats are located opposite the Admiralty MRT station and shopping complex Admiralty Place. There will be amenities such as shops, eating establishments, a wet market, community centre and schools nearby.
Eligible SERS flat owners will be invited to register for their replacement flats in the second quarter of 2013.
Other than the flats, 197 rental shops, eating outlets and offices at Blocks 1A to 6A, as well as the hawker centre at Block 4A comprising 78 cooked food stalls, will be cleared.
Eligible shop tenants will be given an ex-gratia payment of $60,000 per tenancy.
Singaporean SME shop tenants will be granted a relocation assistance benefit of $30,000 per tenancy if they are able to find alternative premises to continue their business before the clearance deadline.
All shop tenants will also be given a 10 per cent rental discount on their successful bid for other HDB rental shops or when they take over HDB rental shops through assignment.
NEA will build a replacement hawker centre at Woodlands Town to ensure that there will be an adequate number of cooked food stalls to serve the community.
Hawker stallholders who wish to continue their trade will be allocated a new stall at the replacement centre.
They can also choose to be allocated alternative vacant stalls at other existing hawker centres, subject to availability.
For stallholders who wish to exit, an ex-gratia payment of $23,000 per tenant will be offered to first-generation stallholders.