What actually happens when HDB confiscates your flat?

[Lala81]

  On 1/2/2018 at 8:30 AM, Mason016 said:

In theory, you also don't own that 999 / in perpetuity piece of land if the government wants to take possession for the purpose of public good / development.

 

* shrug * 

 

 

yup. ok lah, if u paid up in full, u are considered a home owner. Just not a land owner 

[13177]

  On 1/3/2018 at 1:21 AM, kdash said:

SERS is very costly to HDB and not fast enough to cater for the bulk of the old flats approaching 99 years. so far HDB has offered the lease buyback scheme for the senior citizens, but think still need something more...

Maybe there are many vacant land around, thats why HDB can no need to SERS existing old flats to make way for new BTO. If land is not enough, HDB also needs to SERS existing flats lo, if not how to build new BTO? Anyway, dont know how costly is SERS, but i only know HDB really take very long time to SERS one area, maybe like at least take 2 years or more to announce one SERS project. No wonder they are not fast enough to cater for the bulk of the old flats here.

[kdash]

  On 1/3/2018 at 4:39 AM, 13177 said:

Maybe there are many vacant land around, thats why HDB can no need to SERS existing old flats to make way for new BTO. If land is not enough, HDB also needs to SERS existing flats lo, if not how to build new BTO? Anyway, dont know how costly is SERS, but i only know HDB really take very long time to SERS one area, maybe like at least take 2 years or more to announce one SERS project. No wonder they are not fast enough to cater for the bulk of the old flats here.

HDB will allocate a piece of land to build new BTOs with high density, then SERS the nearby old estate to this new estate. once the new estate completed and old estate vacated, then the old flats will be demolished and new flats built on the site. its a long and tedious process, and requires available land for the new BTOs. and this is on top of the BTOs for open market... imo HDB needs to come up with something else to complement the SERS.

[Kusje]

  On 1/3/2018 at 1:45 AM, Jman888 said:

which estate?

 

some estate that people prefer to remain its nostalgia feel like Tiong Bahru, majority opt to preserve and not upgrade

Tiong bahru lor. Actually it is pretty lame. The houses across the road (same design) got SERS almost ten years back but my MIL is still waiting and hoping lol.

 

Best case scenario for her is if they find the building structurally unsound

[Kopites]

  On 1/3/2018 at 12:56 AM, 13177 said:

Sooner or later there will have HDB flats reached 99 years old and residents have to look for a new place to move, cause HDB not possible to enblock all the current old flats.

Nod Nod. Singapore only started building hdb in the late 60s and 70s.

 

You do cauluation add 99 years.

 

Majority of (over 80%) hdb dwellers will be facing such predicament.

  On 1/3/2018 at 1:28 AM, Kusje said:

My MIL's place was built in 1940s still no SERS leh.

 

Wait till neck long long already and most of the elderly there can't climb the stairs (no lift upgrading hor). The chap on the 2nd floor is the most poor thing because he is wheelchair bound. Think he doesn't get to go out of the house more than once a year. Actually, not sure if he is still alive cuz I haven't been there in a while.

 

Why no lift upgrading? Dunno. Ask ah gong. Must have been too busy writing his memoirs to give a damn

Tiong Bahru?

  On 1/3/2018 at 1:28 AM, Leo72 said:

The first case of lease expiring already reported in the news, they're not going to get anything back from their current 60-years old lease so called private house. They're being asked to purchase HDB flat from HDB.

 

As for HDB flat, there is still many years till the first case of HDB flats lease expired and many things can happen from now till then. Nothing is certain The only thing is that our so-called public housing (HDB Flat) is almost half the price of a private condo.

What half? New hdb beside tiong Bahru cost 700k plus.

[13177]

  On 1/3/2018 at 4:56 AM, Kusje said:

Tiong bahru lor. Actually it is pretty lame. The houses across the road (same design) got SERS almost ten years back but my MIL is still waiting and hoping lol.

 

Best case scenario for her is if they find the building structurally unsound

[Kusje]

  On 1/3/2018 at 4:59 AM, 13177 said:

Is the flat there announce to be preserve? Thats why no SERS?!

Don't have.

[13177]

  On 1/3/2018 at 4:52 AM, kdash said:

HDB will allocate a piece of land to build new BTOs with high density, then SERS the nearby old estate to this new estate. once the new estate completed and old estate vacated, then the old flats will be demolished and new flats built on the site. its a long and tedious process, and requires available land for the new BTOs. and this is on top of the BTOs for open market... imo HDB needs to come up with something else to complement the SERS.

Looks like HDB would be more interested to build new BTOs directly on the vacant land rather to use it for SERS purpose if you notice it in some area?! So i would guess if that area have many old hdb flats and limited vacant land, and the vacant land already been used for BTOs, dont think those old hdb flats would be SERS liao.

[Kusje]

  On 1/3/2018 at 4:59 AM, Kopites said:

Nod Nod. Singapore only started building hdb in the late 60s and 70s.

 

You do cauluation add 99 years.

 

Majority of (over 80%) hdb dwellers will be facing such predicament.

Tiong Bahru?

What half? New hdb beside tiong Bahru cost 700k plus.

Yes tiong bahru.

 

If tiong bahru hdb cost 700k, how much do you think the condo opposite costs?

[Kusje]

  On 1/3/2018 at 5:04 AM, 13177 said:

Looks like HDB would be more interested to build new BTOs directly on the vacant land rather to use it for SERS purpose if you notice it in some area?! So i would guess if that area have many old hdb flats and limited vacant land, and the vacant land already been used for BTOs, dont think those old hdb flats would be SERS liao.

 

Issue is not lack of land, it is lack of construction capacity.

 

In recent years, there is a housing shortage - If use the capacity to do SERS, build one block and knock down one block, net effect is 0 extra housing created. Use for BTO, net effect is one extra block.

[13177]

  On 1/3/2018 at 5:03 AM, Kusje said:

Don't have.

Such case reminds me of those hdb point block at holland drive near the last time buona vista swimming pool. All the point blk flats at swimming pool side got SERS years ago, but left the two old point block flats across the road still standing as of today without any SERS. And they even built some new BTOs besides the two old point block. 

[Kusje]

  On 1/3/2018 at 5:11 AM, 13177 said:

Such case reminds me of those hdb point block at holland drive near the last time buona vista swimming pool. All the point blk flats at swimming pool side got SERS years ago, but left the two old point block flats across the road still standing as of today without any SERS. And they even built some new BTOs besides the two old point block. 

 

Maybe someone living there offended the masters.

[kdash]

  On 1/3/2018 at 5:09 AM, Kusje said:

Issue is not lack of land, it is lack of construction capacity.

 

In recent years, there is a housing shortage - If use the capacity to do SERS, build one block and knock down one block, net effect is 0 extra housing created. Use for BTO, net effect is one extra block.

actually there should be an estimated net 0.2 extra housing due to the increased density of the new BTOs. but as you say, still lower than full BTOs la. Edited January 3, 2018 by kdash

[13177]

  On 1/3/2018 at 5:13 AM, Kusje said:

Maybe someone living there offended the masters.

Nobody can understand SERS lo, you dont know why some SERS is carry out like this. Like they SERS almost the whole cluster and yet left one or two old blks behind, then later build new BTOs around it?!

Edited January 3, 2018 by 13177

[Mockngbrd]

All the lau aunties n uncles think pap gahmen still care about them.

[Ysc3]

  On 1/3/2018 at 1:16 AM, Sdf4786k said:

its because of the bank loans as well as the length of lease.

 

And if you lucky enough and kanna enblock after buying, you probably sitting on a liability.

i already asked before I bought my 3 room resale HDB in tampines ,,, agent told me since got LUP, then won't be in line for enbloc already.

[Jman888]

  On 1/3/2018 at 5:04 AM, Kusje said:

Yes tiong bahru.

 

If tiong bahru hdb cost 700k, how much do you think the condo opposite costs?

 

 

i believe her unit can also fetch quite a sum if she sell. 

[kdash]

  On 1/3/2018 at 6:10 AM, Ysc3 said:

i already asked before I bought my 3 room resale HDB in tampines ,,, agent told me since got LUP, then won't be in line for enbloc already.

LUP will delay SERS for at least 10 years. doesnt mean will not SERS forever.