My SERS Guide (E) (Final)

My SERS Guide
New Beginning at
Dawson
!
Our Message
Welcome aboard the journey to your brand
new home!
The Selective En bloc Redevelopment Scheme (SERS) offers you the unique opportunity
to move to a new and modern home with a fresh 99-year lease, while at the same time
remain close to your neighbours.
In this journey of a few years till your new home is ready, our SERS team is here to take
care of you every step of the way. This SERS guide gets you started on the journey and
provides you with the information to make the best choice for you and your loved ones.
For your convenience, we have provided the same information on the HDB InfoWEB at
www.hdb.gov.sg/esers.
We assure you that our team will spare no efforts in making your journey as smooth as
possible. If you need help at any time, please contact our officer or approach us through
our contact channels found at Our Contact Information. We look forward to sharing this
special journey alongside you.
The SERS team
Contents
2
My SERS Journey
My Compensation
My New Home at Dawson
14
How Do I Finance...
15
... And Select My New Home?
16
My Rehousing Options
18
My Rehousing Benefits
26
Further Explanation
30
Our Contact Information
3. Flat Valuation
3Q 2014
1. Announcement

27 Jun 2014
Your flat has been selected
for SERS! The SERS
journey begins now.
A professional private valuer

will make an appointment
with you to assess the market
value of your flat.
You can make a good
impression by tidying your flat!
5. Compensation
Notice
Mid 2015
You will be informed of your
compensation amount.
My SERS Journey
4. Collectors Inquiry
2. Exhibition
30 Jun - 13 Jul 2014
A two-week
exhibition on SERS
is held near you.
Come and learn
more about your
new home!
Avoiding the evening
and weekend
crowds might be
a good idea.
3Q/4Q 2014
Come down to HDB Hub at Lorong 6 Toa Payoh to
verify the ownership of your flat.
Let us customise an estimated financial plan for you.
6. Your Rehousing
Choice
8. Selection of New Flat

1Q 2016
3Q/4Q 2015
10. Moving Out

2020/2021
Dawson, BTO, sell, transfer

or opt-out? Make a choice
on your Rehousing Option.
The sales brochures and price lists

will be mailed to you along with your
balloted queue number before the
selection begins.
Do take note of the various

deadlines.
Come down to HDB Hub at Lorong 6

Toa Payoh to book your new home!
Return your SERS flat

to receive your balance
compensation (if any).
7. Registration for
New Flat
3Q 2015
If youve set your eyes on
a new home at Dawson,
you will need to return your
application form to us.
You have up to 4 months

to renovate and move to
your new home.
9. Keys Collection
2020/2021 - Payment required
Your new home is completed!
We are pleased to hand over
the keys to you at HDB Hub.
After paying off the liabilities
of your SERS flat, you
may use the balance
compensation to contra the
payments required for the
new home or request for an
advance of up to $35,000 to
help you with your renovation.
11. Welcome Party

2021/2022
To mark the completion
of your SERS journey, join
us in a Welcome Party
specially organised for
you and your neighbours!
My Compensation
You will be paid the market value of your existing flat as at the time of the SERS announcement and
some reasonable expenses to help you relocate.
Market Value of SERS flat at the

time of announcement
The market value of each flat will be assessed individually by
a professional licensed private valuer.
Some of the factors and flat attributes taken into consideration are:
Flat type and size

Storey height
Transacted prices
of comparable
resale flats
&
Remaining lease
Extent of renovation
Flat orientation
etc.
Total SERS
=
Compensation
+
Reasonable Expenses
Removal allowance at $10,000 per flat
+
Stamp and legal fees1
(for buying a flat type equivalent to SERS flat)
Refer to Page 26 for Further Explanation.
The estimated ranges of compensation for the SERS flats are shown below:
Estimated total compensation for 2-room flat owners

Internal Floor Area
Market Value of SERS flat
Reasonable Expenses
Total
39-42 m2
43-46 m2
$255,000 - $275,000
$270,000 - $295,000
$13,600 - $14,000
$13,900 - $14,400
$268,800 - $289,000
$283,900 - $309,400
Estimated total compensation for 3-room flat owners

Internal Floor Area
Market Value of SERS flat
Reasonable Expenses
Total
49-53 m2
56-66 m2
$305,000 - $340,000
$325,000 - $390,000
$14,600 - $15,300
$15,000 - $16,700
$319,600 - $355,300
$340,000 - $406,700
Estimated total compensation for Households on the Lease Buyback Scheme or owning adjoining
flats will be provided separately.
You must not remove the fixtures and fittings2 as they are included in the valuation of your SERS flat.

Your new home may be in one of these five brand new precincts located near the Queenstown
MRT. Boasting unique architectural designs and lush landscape features, there is a total of about
3,700 units of new flats for your selection.
You are assured of finding a new home in one of these attractive developments.
Site A
1,220 units
Site B
1,180 units
Site C
818 units
Site D
242 units
Site E
247 units
Not drawn to scale.

The number of new flats to be built may change due to the adjustment of flat mix to meet the
rehousing needs of residents.
Flat Types Available

The new flats are sold at HDBs subsidised selling prices and frozen at the time of the SERS announcement.
They are not subject to future market movements, thereby providing you with greater certainty.
Site A: New premium flats at Margaret Drive (1,220 units)

Flat Type
2-room (45 m2)
3-room (60 m2)
4-room (80 m2)
4-room (85 m2)
Estimated Completion: 4Q 2020
5-room (105 m2)
Site B: New premium flats at Margaret Drive (1,180 units)

Flat Type
2-room (45 m2)
3-room (60 m2)
4-room (80 m2)
4-room (85 m2)
5-room (105 m2)
Site C: New premium flats at Dawson Road (818 units)

Flat Type
2-room (45 m2)
3-room (60 m2)
4-room (80 m2)
4-room (85 m2)
5-room (105 m2)
Site D: New standard flats at Dawson Road (242 units)

Flat Type
3-room (60 m2)
4-room (85 m2)
5-room (105 m2)
Site E: New premium flats at Strathmore Avenue (247 units)

Flat Type
2-room (45 m2)
3-room (60 m2)
4-room (80 m2)
4-room (85 m2)
Flat Type
(Internal Floor Area^)
Estimated subsidised price#

(before SERS grant3)
2-room (45 m2)
$205,000 - $255,000
3-room (60 m2)
$284,000 - $386,000
4-Room (80 m2)
$434,000 - $562,000
4-Room (85 m2)
$461,000 - $590,000
5-Room (105 m2)
$601,000 - $748,000
^ Refers to the estimated area of the flat computed based on the centre line of the flats wall. The area of the air-conditioner
ledge is excluded for this computation.
#
3
For typical flats sold on a 99-year lease and exclude the small number of units with 3 m2 balcony.
Premium flats come with full height windows in the living/dining area and full height or three-quarter
height (measured from ceiling down) windows in the bedrooms. For standard flats, three-quarter
height windows are provided in the living/dining area and half height windows in the bedrooms.
Selected premium flats may be provided with balconies.
Generally, the compensation for your existing flat should be sufficient to pay for a new flat of the
same flat type at a similar storey height. You will usually have to top up in cash or CPF if you buy
a bigger flat type.
Illustration for a 2-room flat owner buying a 2-room flat

Internal floor area of existing flat
39-42 m2
43-46 m2
Estimated market value of existing flat on

5th storey
$265,000
$282,500
45 m2
45 m2
Estimated subsidised selling price of new flat on

10th storey after $30,000 SERS grant
$202,000
$202,000
Net Receipt (cash/ CPF)
$63,000
$80,500
Internal floor area of new flat
Illustration for a 3-room flat owner buying a 3-room flat

Internal floor area of existing flat
49-53 m2
56-66 m2
Estimated market value of existing flat on

5th storey
$322,500
$357,500
60 m2
60 m2
Estimated subsidised selling price of new flat on

10th storey after $30,000 SERS grant
$299,000
$299,000
Net Receipt (cash/ CPF)
$23,500
$58,500
Internal floor area of new flat
This computation is for illustration purposes only. It is assumed that all CPF refunds are used to buy
the new flat, the flat owner is eligible for a SERS grant of $30,000 and there is no existing housing
loan for the SERS flat. The net receipts/payments for different households will differ due to different
financial circumstances.
10
Inside my new home

All new flats come with standard provisions such as:
Standard
Provisions
Kitchen wall and

floor tiles
Main door and gate
Wall sockets
Windows
To save you the hassle of renovation, you may opt for sanitary fittings, internal doors for the bathroom/
bedrooms and/or floor finishes for the living/dining/bedrooms and kitchen partition wall under our
Optional Component Scheme4 (OCS).
You may opt in for these optional components when you select your flat. The cost of these components
will be added to the selling price of your new home. With more fittings and finishes installed, you can
look forward to an easier time renovating the new home!
Optional
Component
Scheme
Dining/ Living room and
bedroom floor finishes
Sanitary fittings
Internal doors
Refer to Page 26 for Further Explanation. All images are for illustration only.
Bedroom floor finishes

(premium flats)
11
Estimated cost
for opting in all
packages under
OCS for
Flat Type
2-room
(45 m2)
3-room
(60 m2)
4-room
(80 m2)
4-room
(85 m2)
5-room
(105 m2)
Premium Flats at
Sites A to C and E
$3,400
$7,400
$10,600
$11,000
$12,600
Standard Flats at
Site D
Not applicable
$5,400
Not applicable
$8,600
$9,800
Ideas for your new home

A new home is just the place for you to express yourself. Here are some ideas of what your new home
can look like after your renovations!
To provide a sense of spaciousness and greater flexibility in furniture layout and design, some of the
4-room and 5-room flats in Dawson will come with an open kitchen concept. Alternatively, you may
opt in to have a partition wall installed between the living/dining area and kitchen.
12
Modern Living at its Best
Artists Impression
A brand new hawker centre and supermarket will be

built at Margaret Drive to bring you daily convenience
at your doorstep.
The former wet market at Commonwealth Avenue will
be integrated into your new homes at Margaret Drive
to retain shared memories of Queenstown.
Sports enthusiasts will appreciate the range of
facilities like the Queenstown Swimming and Sports
Complex and the Alexandra Canal Linear Park
Connector. Families with school-going children can
choose from the many well-equipped schools set to
develop young minds to their fullest potential. With
your new home a mere ten-minute drive away from
the trendy Orchard Road shopping belt, meeting
friends in town will simply be a breeze.
13
Within a Tranquil Retreat

After a hard days work, forget the hustle and bustle of the
city and come home to a tranquil environment with green
spaces for relaxation, interaction and bonding.
Your new environment is thoughtfully designed to provide
ample social and recreational facilities such as precinct
pavilions, 3-G fitness corners and landscaped gardens.
Feel completely at ease as you watch your children
or grandchildren play in the playgrounds amid a safe,
vehicular-free green space. Come rain or shine, covered
linkways between the blocks and sheltered car park will
facilitate your ease of movement.
Make Dawson your home and look forward to a new and
joyful living experience.
Artists Impression
Artists Impression
Artists Impression
14
How do I Finance...
Your total compensation will first be used to pay off the financial liabilities of your SERS flat, before
the balance compensation (if any) is given in cash. To help you renovate your new flat, an Advance
Payment of up to $35,000 from your balance compensation (after setting aside a $1,000 Retention
Sum) may be given to you when you collect the keys to your new flat.
Pay
Balance Compensation
Property Tax
Total
Discharge
Compensation
for SERS flat
outstanding
Housing Loan
Refund
may comprise
$1,000 Retention Sum
Balance
(if any)
$35,000 Advance Payment
CPF
Cash Proceeds
(with accrued interest)
Next, you will be able to use all your CPF monies (refund and savings) in your CPF Ordinary Account
(OA) to pay for your new flat. In the event that your CPF monies are insufficient to pay for your new
flat, there will be an outstanding amount.
Selling Price
of New Flat
less SERS
Grant!
(if eligible)
Stamp and Legal Fees

(for your new flat)
CPF Savings in OA
(including Refunded
CPF monies)
Balance Compensation
(excluding $1,000 Retention Sum)
Outstanding Amount
for New Flat
Can be
paid
with
CPF Savings of
Additional Co-owner
Personal Savings
New Housing Loan
You may pay this outstanding amount using: your balance compensation, CPF monies of an
additional (eligible) co-owner(s) of the new flat, personal savings and/or a new housing loan.
After paying for your new home, you will receive the remainder of the balance compensation
(if any, and at least the retention sum) when you return your SERS flat.
15
... And Select My New Home?

Step
1
Step
2
Step
During the registration exercise, indicate your preferred flat type (2-,3-,4- or 5-room).
You will not be able to state your preferred new precinct, but your choice of flat
type at this stage is final.
A computer ballot will be conducted to randomly determine the order

in which you are invited to book a new flat. All flat owners are given
equal priority.
At your appointed time and date, come down to HDB Hub to select
an available flat from one of the five Dawson developments.
Here are some other questions you may have.

I choose to live close to my
Q1 Can
neighbours at my new home?
Not a problem! Our Joint Selection

Scheme allows up to 6 households
to choose flats on the same day.
If you and your neighbours request
for the Joint Selection Scheme
in your flat applications, a single
queue number will be assigned to
all the participating households.
Among the households, there will
be individual queue sequences.
Q2
A
Will I definitely get the flat type I want?

Allocation of new flats is subject to
availability. Based on our experience, flat
owners have been able to secure the flat
type that they have applied for.
Q3
Can my married child buy a flat at

Dawson too?
The flats at Dawson are currently only

for SERS flat owners. If your child is
eligible to buy a flat directly from HDB,
he may consider buying a resale flat in
the SERS site. He may then enjoy the
SERS rehousing benefits and take up a
replacement flat close to you.
16
My Rehousing Options
Here are the options you may consider.
Options Available
Deadline
1.
3Q 2015
Take up a new, 99-year lease flat at Dawson

Consumption of Housing Subsidy
The purchase of a replacement flat will be treated as one separate housing subsidy.
Purchase of Private Property / Resale of Replacement Flat

Flat owners are not allowed to buy/acquire an interest in a Private Property5 after the SERS
announcement date. Flat owners may buy/acquire an interest in a Private Property5 or sell the
replacement flat only after (i) five years from the collection of keys or (ii) seven years from the
selection of the replacement flat, whichever is earlier.
Subletting the Replacement Flat
Flat owners (Singapore citizens only) may sublet the whole flat only after physically occupying the
replacement flat for at least five years from the collection of keys. Prior approval must be obtained
from the HDB to sublet the whole flat.
2. Apply for a flat elsewhere under Build-To-Order (BTO) or Sale of

Balance Flats (SBF) exercise with a 10% Priority Allocation6 and
enjoy the same Rehousing Benefits
31 Oct 2015

The purchase of a replacement flat elsewhere will be treated as one separate housing subsidy.
Purchase of Private Property / Resale of Replacement Flat
Flat owners are not allowed to buy/acquire an interest in a Private Property5 after the SERS
announcement date. Flat owners may buy/acquire an interest in a Private Property5 or sell the
replacement flat only after five years from the collection of keys to the replacement flat.
Subletting the Replacement Flat
Flat owners (Singapore citizens only) may sublet the whole flat only after physically occupying the
replacement flat for at least five years from the collection of keys. Prior approval must be obtained
from the HDB to sublet the whole flat.
Completion of BTO/SBF Flat Elsewhere
The Delivery Possession Date (DPD) of your BTO/SBF flat elsewhere must not be later than
31 Dec 2021.
3. Sell/Transfer your SERS flat with Rehousing Benefits

(option available from 27 Jul 2014)
31 Aug 2015

The sale of the SERS flat with rehousing benefits will be treated as one separate housing subsidy. If
the SERS flat was bought directly from HDB or from the open market with a CPF Housing Grant, flat
owners will be deemed to have enjoyed two housing subsidies after the sale of the SERS flat with
rehousing benefits. Flat owners will also be deemed to have enjoyed one SERS benefit.
Sale of SERS flat with Rehousing Benefits
Flat owners are only allowed to sell the SERS flat to families (excluding non-citizen spouse families) who
are eligible to buy flats directly from HDB. Generally, buyers will be given the same rehousing benefits as the
flat owners. However, if the flat owners (i) have not met the minimum occupation period for the SERS flat or
56
17
Options Available
Deadline
(ii) have sold a private property within 30 months prior to the SERS announcement date, the buyers
will not be given any SERS grant.
Flat owners may obtain a preliminary assessment of the rehousing benefits to be given to their
buyers from www.hdb.gov.sg/esers. Flat owners who wish to sell the SERS flat may request for a
Certificate of Eligibility for Resale (COER) from HDB before granting the Option to Purchase to the
buyers.
Transfer of SERS Flat with Rehousing Benefits
Flat owners may transfer the SERS flat to another owner(s) under the prevailing transfer conditions.
After the transfer, the rehousing benefits will be assessed based on the more restrictive set between
the two parties.
Purchase of Private Property
Flat owners may buy a Private Property5 only upon the legal completion of the sale or transfer of the
SERS flat.
4. Receive ex-gratia payment on top of compensation in place of

SERS Rehousing Benefits
Amount of Ex-gratia Payment

Generally, the ex-gratia payment offered is $30,000 plus the flat owners applicable SERS grant.
However, if the flat owners (i) have not met the minimum occupation period for the SERS flat or (ii)
have sold a private property5 within 30 months before the date of application for ex-gratia payment,
they will not be eligible for the SERS grant. It follows that their ex-gratia payment will be $30,000. The
amount will be paid 50% in cash and 50% into the CPF Ordinary Account(s).
The ex-gratia payment will be treated as one separate housing subsidy. If the SERS flat was bought
directly from HDB or from the open market with a CPF Housing Grant, flat owners will be deemed
to have enjoyed two housing subsidies after the return of the SERS flat. Flat owners will also be
deemed to have enjoyed one SERS benefit.
Payment of Resale Levy
Flat owners will be required to pay a resale levy based on the flat type of the SERS flat for the purchase
of the next subsidised flat from HDB or Executive Condominium from a developer (if eligible).
Rental Flat from HDB
Flat owners may apply for a rental flat from HDB (subject to prevailing rental policy) only after 30
months from the return of the SERS flat.
Restriction on Future HDB Housing Loan
The amount of an HDB Housing Loan (subject to eligibility and credit assessment) taken in the future
will be reduced by the ex-gratia amount paid in cash.
5. Opt-out of SERS rehousing benefits and return your flat for

total compensation
The return of the SERS flat for total compensation without ex-gratia payment will not be treated
as one housing subsidy enjoyed unless the SERS flat was bought directly from HDB or from the
open market with a CPF Housing Grant.
5
18
Generally, the rehousing benefits given are based on the status of the households.
Run through this flow chart to find out what you will enjoy!
Start
Do you currently own a
Private Property5?
Yes
Private Property Owners

Please turn to page 25
No
Have you enjoyed SERS
rehousing benefits before?
Yes
Households who Enjoyed

SERS Benefits Before
No
Have you bought more than
one flat directly from HDB; or
enjoyed a CPF Housing Grant
and bought at least one flat
directly from HDB?
Yes
Third-Timers
No
Did you buy the SERS flat
as a family?
Yes
No
a. Joint Singles Scheme Households
Please turn to Page 22
b. Single Singapore Citizen

Scheme Households
a. First- and Second-Timers

Families who are eligible to buy a flat
directly from HDB regardless of SERS
b. Non-Citizen Spouse
Scheme Households
c. Singapore Permanent
Resident Households
d. Remaining Singles
Singles who bought their SERS flat
as a family and are currently the sole
owner due to the demise of their
spouse, parent(s) or children
19
First- and Second-Timers

First-Timers are families who have not bought a flat directly from HDB, including Design, Build & Sell
Scheme (DBSS) flat or Executive Condominium (EC) unit, nor enjoyed a CPF Housing Grant before.
Second-Timers are families who have bought one flat directly from HDB, including DBSS flat or EC unit,
or enjoyed a CPF Housing Grant.
Rehousing Benefits
SERS
Grant3
$30,000 grant to buy new flat at

subsidised price
Flat Type
Up to a new 5-room flat
Waiver of
Fees
Waiver of administrative and booking

fees for the replacement flat
Housing Loan Eligibility

HDB Concessionary Loan
If the
SERS flat
is/was
financed
by:
HDB Market Rate / Bank Loan

Obtain a bank loan, if required
Waiver of
Premium
for First
Timer SC/
SPR
Waiver of $10,000 premium on top

of the purchase price when buying a
flat directly from HDB
Deferred
Payment
to HDB
Deferment of all payment for the new

flat until keys collection
Relevant Information
1
Resale Levy/Premium For New Flat

(if applicable)
Waiver
The Resale Levy/Premium will be waived if the SERS
flat was bought directly from HDB or from the open
market with a CPF Housing Grant.
Concessions
The Resale Levy/Premium is payable by flat owners
who had previously sold a flat bought directly from
HDB or a resale flat bought with a CPF Housing Grant,
and had opted to pay deferred Resale Levy/Premium.
The Resale Levy/Premium will be capped at $30,000
and flat owners may:
i. Pay the amount by cash;
ii. Contra the amount from the SERS compensation; or
iii. Incorporate the amount into the selling price of the
new flat.
For flat owners who had sold their first subsidised flat
between July 1985 and May 1997 and opted to pay
resale premium, they may now change the option to
resale levy (up to $30,000), if it is more favourable.
3789
The maximum HDB concessionary

loan granted for the replacement flat
will depend on a Credit Assessment7
First-Timers may apply for Additional

Housing Grant8 (AHG) and Special Housing
Grant9 (SHG), if eligible.
First- and Second-Timers who have already
applied/booked a flat under HDBs public sales
exercise (BTO or Sale of Balance Flats exercise)
as at the SERS announcement date may:
i. retain the flat application and transfer the
same rehousing benefits; or
ii. retain the flat application as a public applicant
and sell the SERS flat with rehousing benefits
(only if flat owner is a First-Timer; considered
to have enjoyed two housing subsidies); or
iii. retain the flat application as a public applicant
and return the SERS flat for ex-gratia
payment on top of total compensation (only
if flat owner is a First-Timers; required to pay
resale levy based on flat type of SERS flat
and considered to have enjoyed two housing
subsidies); or
iv. cancel the public sales application and take
up any option under My Rehousing Options
An option form will be given to indicate the
preferred choice.
Second-Timers who have already applied or

booked an EC unit cannot sell the SERS flat in
the open market.
Refer to Page 26 for Further Explanation. SC - Singapore Citizen. SPR - Singapore Permanent Resident.
20
Non-Citizen Spouse Scheme Households

Households with a Singapore citizen (SC) and a spouse who is neither a Singapore citizen nor
Singapore permanent resident.
Rehousing Benefits
SERS
Grant3

subsidised price
Flat Type
Waiver of
Fees

Deferred
Payment
to HDB


(if applicable)
Waiver

If the
SERS flat
is/was
financed
by:

HDB or a resale flat bought with a CPF Housing
Grant, and had opted to pay deferred Resale Levy/
Premium.
If the SC is below the age of 35 as at the SERS

announcement, the non-citizen spouse must
have a Long Term Visit Pass or Work Pass with
a validity of at least 6 months in order for the
household to enjoy the $15,000 SERS grant.
Flat owners who have not bought a flat directly

from HDB, including Design, Build & Sell
Scheme (DBSS) flat or Executive Condominium
(EC) unit, nor enjoyed a CPF Housing Grant
before may apply for Additional Housing
Grant8 (AHG) and Special Housing Grant9
(SHG), if eligible.
Flat owners who have already applied/booked
a flat under HDBs public sales exercise (BTO)
as at the SERS announcement date, may:

iii. Incorporate the amount into the selling price of
the new flat
For flat owners who had sold their first subsidised
flat between July 1985 and May 1997 and opted
to pay resale premium, they may now change the
option to resale levy (up to $30,000), if it is more
favourable.
3789

The Resale Levy/Premium will be waived if the

SERS flat was bought from the open market with a
CPF Housing Grant.
Concessions


rehousing benefits; or
ii. cancel the public sales application and
take up any option under My Rehousing
Options
preferred choice.
21
Singapore Permanent Resident Households

Households whose owners do not include any Singapore Citizen.
Rehousing Benefits
Subsidised
Selling
Price
New flat at HDBs subsidised selling

price (no SERS grant)
Flat Type
Waiver of
Fees

Deferred
Payment
to HDB


(if applicable)
Concessions
HDB and had opted to pay deferred Resale Levy/
Premium.
ii. Contra the amount from the SERS compensation;
or
the new flat
flat between July 1985 and May 1997 and opted to
pay resale premium, they may change the option to

If the
SERS flat
is/was
financed
by:

If (a) any family member (at least 21 years
of age) obtains Singapore citizenship and
is included as a joint applicant for the
replacement flat before the collection of keys
and (b) the household meets all eligibility
conditions to buy a flat directly from HDB,
the household will receive a SERS grant of
$30,000 and the household may qualify for an
HDB concessionary loan. The maximum loan
granted will depend on a Credit Assessment7.
22
Remaining Singles and Joint Singles Scheme

Households
Remaining Singles are Singapore Citizen singles who had a family nucleus when they bought their
SERS flat and are now living alone due to the demise of their spouse, parent(s) or child(ren).
Joint Singles Scheme Households are households who bought the SERS flat under the Joint Singles
Scheme.
Rehousing Benefits
SERS
Grant3

subsidised price
Flat Type
Up to a new 4-room flat or the same

flat type as the SERS flat, whichever
is bigger
Waiver of
Fees

fees for replacement flat
Deferred
Payment
to HDB


(if applicable)

If the
SERS flat
is/was
financed
by:

SERS flat was bought directly from HDB or from
the open market with a CPF Housing Grant.

3789

(SHG), if eligible.
Concessions

the new flat

Waiver

Premium.


ii. cancel the public sales application and take
preferred choice.
23
Single Singapore Citizen Households

Households who bought the SERS flat under the Single Singapore Citizen Scheme.
Rehousing Benefits
SERS
Grant3

subsidised price
Flat Type
Up to a new 3-room flat or the same

flat type as the SERS flat, whichever
is bigger
Waiver of
Fees

Deferred
Payment
to HDB


(if applicable)

If the
SERS flat
is/was
financed
by:
If (a) the flat owner subsequently includes (i)

parent(s) and/or child(ren) in the application to
form a family nucleus, or (ii) is legally married
before the collection of keys and (b) the
household meets all eligibility conditions to
buy a flat directly from HDB, the rehousing
benefits will be revised more favourably such
that the household is eligible to buy up to a
5-room flat with a $30,000 SERS grant.

(SHG), if eligible.

ii. cancel the public sales application and take
preferred choice.
Flat owners who own a 3-room flat with an

internal floor area which is at least 10%
bigger than the internal floor area of a
3-room replacement flat at the designated
replacement site may buy up to a new 4room flat at the designated replacement site.

Concessions

or
the new flat
3789

Waiver

Premium.

24
Third-Timers and Households who Enjoyed

SERS Before
Third-Timers are households who have bought more than one flat directly from HDB or enjoyed a CPF Housing
Grant and bought at least one flat directly from HDB.
Rehousing Benefits
Subsidised
Selling
Price

Flat Type
Up to a new 3-room flat (for singles)/

4-room flat (for remaining singles
and joint singles)/ 5-room flat (for
families) or the same flat type as the
SERS flat, whichever is bigger
Waiver of
Fees

Deferred
Payment
to HDB


(if applicable)
Concessions
The Resale Levy/Premium is not applicable to
Third-Timers who had already paid a Resale Levy/
Premium before.
Premium.
or
the new flat
7

If the
SERS flat
is/was
financed
by:

Flat owners who had previously enjoyed SERS
rehousing benefits are not allowed to sell their
SERS flat in the open market.
25
Private Property Owners

Households who own a Private Property5 that was bought before the SERS announcement.
Rehousing Benefits
Subsidised
Selling
Price

Flat Type
Up to a new 3-room flat (for singles)/

4-room flat (for remaining singles
and joint singles)/ 5-room flat (for
families) or the same flat type as the
SERS flat, whichever is bigger
Waiver of
Fees

Deferred
Payment
to HDB


(if applicable)
Waiver
Concessions
Premium.
or
the new flat

If the
SERS flat
is/was
financed
by:
HDB Concessionary /
Flat owners who take up a new flat at the
replacement site or a new flat elsewhere under
BTO or Sale of Balance Flats exercise must
live in the new flat after its completion while
retaining the private property5 for investment.
26
Further Explanation
1. Stamp and Legal Fees
Stamp and Legal Fees
Scale of fees based on market value of your SERS flat
Agreement for Lease (original)

on selling price of flat
1% for first $180,000, 2% for next $180,000 and

3% thereafter
Registration Fees
$38.30
Legal Fees
(excluding GST)
$27 for first $30,000, $21.60 for next $30,000 and

0.06% thereafter
2. Fixtures and Fittings

Fixtures and fittings are items such as windows, doors, gates, grilles, built-in cabinets, built-in wardrobes,
air-conditioners, ceiling fans, water heater etc.
3. SERS Grant

The SERS Grant will be paid solely or equally to Singapore Citizen SERS flat owner(s) who buy a replacement
flat from HDB. The grant will be credited to the flat owners CPF Ordinary Accounts as part of their CPF
savings. The SERS grant can only be used to pay for the replacement flat. On selling or transferring the
replacement flat, the grant and interest has to be returned to the respective flat owners CPF Accounts.
HDB will recover the SERS grant (with interest) from the flat owners if the application for the replacement
flat is cancelled.
4. Optional Component Scheme

Table 1: Specifications of the optional components
Optional
Component
Specifications*
Sanitary fittings
Wash basins, water taps and shower mixer. The water closet (WC) is a standard provision.
Internal doors^
Floor finishes
Premium Flats
Decorative solid timber bedroom doors and laminated semi-solid timber bathroom doors.
Standard Flats (Site D)
Laminated semi-solid timber doors for both bedrooms and bathrooms.
Premium Flats
Timber strip flooring with timber skirting in bedrooms and porcelain floor tiles with
timber skirting in living room. Kitchen and bathroom ceramic floor and wall tiles are
standard provisions.
Standard Flats (Site D)
Polished porcelain tiles with timber skirting in bedrooms and living room. Kitchen and
bathroom ceramic floor and wall tiles are standard provisions.
Kitchen
partition wall
Solid block and precast lightweight concrete partition
* Actual specifications subject to change.

^
Bi-fold bathroom door and bedroom sliding door/partition are provided for all 2-room flats. Sliding bathroom door
is provided for common bathroom for 3-room flats at Site E at Strathmore Avenue. The OCS packages for these flat
types will be priced accordingly.
27
5. Private Property

Private Property refers to any property (flat, house, building or land) other than the SERS flat (whether
residential or otherwise, including but not limited to HUDC flats and Executive Condominiums, properties
outside Singapore, properties acquired by gift/inheritance and properties owned/acquired/disposed
through nominees).
Flat owners and occupiers of both the SERS flat and replacement flat (including existing private property
owners) can only buy or acquire an interest in a private property after the Minimum Occupation Period
(MOP) of the replacement flat is met. Otherwise, they may not be able to buy or retain the replacement flat.
6. 10% Priority Allocation

HDB sets aside up to 10% of the flats offered in BTO or Sale of Balance Flats exercises for priority allocation
under the Resettlement/ Relocation/SERS/Tenants Priority Scheme.
Under this priority scheme, if the number of applications that HDB receives is within 10% of the flat supply,
all applicants will be able to book a flat. The order in which applicants are invited to select their flat will be
determined in a ballot with the other public applicants. The selling prices of the HDB flats will be the same
as that offered to public applicants.
If SERS flat owners are shortlisted to select a flat under a public sales exercise and subsequently decide
not to carry on with their public sales application, they will be placed at the back of the selection queue for
the flats at the designated replacement site.
7. HDB Credit Assessment

The maximum loan granted will depend on:
Maximum Repayment Period: The maximum loan repayment period is 65 years less the applicants age,
or 25 years, whichever is shorter.
Monthly Instalment: This is capped at 30% of the gross monthly income.

Prevailing Interest Rate: The concessionary interest rate is pegged at 0.1% above the CPF Ordinary
Account interest rate (subject to quarterly review).
Loan Ceiling: The loan granted for the purchase of a replacement flat is subject to 90% of the flats
purchase price. SERS flat owners must use all available funds in their CPF Ordinary Accounts
(after reserving an amount needed for payment of stamp and legal fees and CPF Home Protection
Insurance Premium, if applicable) for the purchase of the replacement flat, before HDB grants
the housing loan.
To instil financial prudence, flat owners who are applying for a second/subsequent HDB concessionary
loan are required to use all available monies in their CPF Ordinary Accounts (including the full CPF refund)
and up to 50% of the balance compensation (subject to maintaining a retention sum of $1,000) to reduce
the loan quantum of the replacement flat. They may keep the greater of $35,000 or half of the cash
proceeds before the remaining balance compensation is used to reduce the loan quantum. Please refer to
Table 2 for numerical examples.
28
Further Explanation

Table 2: Illustration of a 3-room SERS flat owner buying a replacement flat

Cash Flow
Example 1
Example 2
Example 3
Balance compensation
$20,000
$50,000
$80,000
Retention Sum
$1,000
$1,000
$1,000
Remaining balance compensation
$19,000
$49,000
$79,000
SERS flat owner retains (up to $35,000 or

50% of remaining balance compensation,
if applicable)
$19,000
(100% of net
cash proceeds)
$35,000
$39,500
(50% of net
cash proceeds)
Amount to reduce 2nd concessionary loan
Nil
$14,000
$39,500
Eligible flat owners who wish to obtain an HDB concessionary loan to buy a replacement flat will need to
obtain an HDB Loan Eligibility (HLE) letter. Upon the serving of compensation notice, HDB will invite eligible
flat owners to apply for an HLE letter.
All applicants will not be allowed to obtain another housing loan from HDB within 30 months from the date
of loan disbursement.
8. Additional CPF Housing Grant (AHG)

Eligible First-Timer families and Joint Singles Scheme households may apply for the AHG if their average
gross monthly household income for the one-year period prior to the time of application for a replacement
flat is $5,000 or less. Non-Citizen Spouse Scheme households, Remaining Singles and Single Singapore
Citizen households may also apply (if eligible) and the qualifying income is set at $2,500. AHG is not
applicable for the purchase of Studio Apartments.
At least one flat applicant must be in continuous employment for one year prior to the time of application
for the replacement flat, and still be employed at the time of application. The AHG is in addition to the SERS
grant given when buying a subsidised replacement flat. The AHG amount is based on the average gross
monthly household income as tabulated in the following table:
Table 3: Additional CPF Housing Grant Amount by Household Income Bracket

First Timers & Joint Single Scheme
households
Non-Citizen Spouse Scheme households,

Remaining Singles and Single Singapore Citizen
households
Average Gross Monthly

Household Income
Grant Quantum

Household Income#
Grant Quantum
$1,500 or less
$40,000
$750 or less
$20,000
$1,501 to $2,000
$35,000
$751 to $1,000
$17,500
$2,001 to $2,500
$30,000
$1,001 to $1,250
$15,000
$2,501 to $3,000
$25,000
$1,251 to $1,500
$12,500
$3,001 to $3,500
$20,000
$1,501 to $1,750
$10,000
29

households

households

Household Income
Grant Quantum

Household Income#
Grant Quantum
$3,501 to $4,000
$15,000
$1,751 to $2,000
$7,500
$4,001 to $4,500
$10,000
$2,001 to $2,250
$5,000
$4,501 to $5,000
$5,000
$2,251 to $2,500
$2,500
ased on the (i) recipients income; or (ii) half the average monthly household income over the one year prior
B
to the time of application to buy the flat if the household is under Non-Citizen Spouse Scheme or comprises
a first-timer applicant and a second-timer applicant.
9. Special CPF Housing Grant (SHG)

In addition to the AHG, eligible First-Timer families and Joint Singles Scheme households may apply for
the SHG if their average gross monthly household income for the one-year period prior to the time of
application for a replacement flat is $6,500 or less. Non-Citizen Spouse Scheme households, Remaining
Singles and Single Singapore Citizen households may also apply (if eligible) and the qualifying income is
set at $3,250. The new flat must be 4-room or smaller (excluding Studio Apartments) and located in a nonmature estate.
At least one flat applicant must be in continuous employment for one year prior to the time of application
for the replacement flat, and still be employed at the time of application. The SHG amount is graduated
to allow households with lower income to enjoy a higher grant for a new flat in non-mature estates as
tabulated in the following table:
Table 4: Special CPF Housing Grant Amount by Household Income Bracket

households

households

Household Income
Grant Quantum

Household Income#
Grant Quantum
$5,000 or less
$20,000
$2,500 or less
$10,000
$5,001 to $5,500
$15,000
$2,501 to $2,750
$7,500
$5,501 to $6,000
$10,000
$2,751 to $3,000
$5,000
$6,001 to $6,500
$5,000
$3,001 to $3,250
$2,500
ased on the (i) recipients income; or (ii) half the average monthly household income over the one year prior
B
to the time of application to buy the flat if the household is under Non-Citizen Spouse Scheme or comprises
a first-timer applicant and a second-timer applicant.
30
Our Contact Information

Thank you for taking the time to read My SERS Guide. We hope that we have provided you with
insights on the SERS process and a clear picture of what to expect in the years ahead.
Once again, we would like to take this opportunity to reiterate our commitment towards easing your
move to your new home. Please do not hesitate to contact us if you have any queries.
SERS Hotline
1800 866 3070
SERS Email
hdbsers@mailbox.hdb.gov.sg
(Monday to Friday, 8am 5pm)
SERS Fax
6854 3595
SERS Online Portal

www.hdb.gov.sg/esers
We wish you an enjoyable SERS journey and look forward to the next time we meet you.
Note: The information contained in this brochure is current at the time of printing. It is subject to change as may be required by
the relevant authorities and/or at the sole discretion of HDB. All rights reserved. Reproduction of this brochure in whole or part
without written permission from HDB is strictly prohibited.
The information is also available in Chinese, Malay and Tamil. However, if there is ambiguity or inconsistency in the interpretation
of the information in the other languages, the meaning in the English version shall prevail.
This page has been intentionally left blank.
This page has been intentionally left blank.
Our Message
Welcome aboard the journey to your brand
new home!
The Selective En bloc Redevelopment Scheme (SERS) offers you the unique opportunity
to move to a new and modern home with a fresh 99-year lease, while at the same time
remain close to your neighbours.
In this journey of a few years till your new home is ready, our SERS team is here to take
care of you every step of the way. This SERS guide gets you started on the journey and
provides you with the information to make the best choice for you and your loved ones.
For your convenience, we have provided the same information on the HDB InfoWEB at
www.hdb.gov.sg/esers.
We assure you that our team will spare no efforts in making your journey as smooth as
possible. If you need help at any time, please contact our officer or approach us through
our contact channels found at Our Contact Information. We look forward to sharing this
special journey alongside you.
The SERS team
My SERS Guide
a
New Beginning at
Dawson
!

My SERS Guide (E) (Final)

Diunggah oleh

Informasi Dokumen

Deskripsi Asli:

Hak Cipta

Format Tersedia

Bagikan dokumen Ini

Bagikan atau Tanam Dokumen

Opsi Berbagi

Apakah menurut Anda dokumen ini bermanfaat?

Apakah konten ini tidak pantas?

Hak Cipta:

Format Tersedia

My SERS Guide (E) (Final)

Diunggah oleh

Hak Cipta:

Format Tersedia

My SERS Guide

The SERS team

My New Home at Dawson

... And Select My New Home?

Our Contact Information

A professional private valuer

8. Selection of New Flat

10. Moving Out

Dawson, BTO, sell, transfer

The sales brochures and price lists

Do take note of the various

Come down to HDB Hub at Lorong 6

Return your SERS flat

You have up to 4 months

11. Welcome Party

Market Value of SERS flat at the

Flat type and size

Refer to Page 26 for Further Explanation.

Estimated total compensation for 2-room flat owners

Estimated total compensation for 3-room flat owners

Refer to Page 26 for Further Explanation.

My New Home at Dawson

Not drawn to scale.

Flat Types Available

Site A: New premium flats at Margaret Drive (1,220 units)

5-room (105 m2)

Site B: New premium flats at Margaret Drive (1,180 units)

5-room (105 m2)

Site C: New premium flats at Dawson Road (818 units)

5-room (105 m2)

My New Home at Dawson

Site D: New standard flats at Dawson Road (242 units)

4-room (85 m2)

Estimated Completion: 4Q 2019

5-room (105 m2)

Site E: New premium flats at Strathmore Avenue (247 units)

4-room (85 m2)

Estimated subsidised price#

2-room (45 m2)

3-room (60 m2)

4-Room (80 m2)

4-Room (85 m2)

5-Room (105 m2)

Refer to Page 26 for Further Explanation.

Illustration for a 2-room flat owner buying a 2-room flat

Estimated market value of existing flat on

Estimated subsidised selling price of new flat on

Net Receipt (cash/ CPF)

Internal floor area of new flat

Illustration for a 3-room flat owner buying a 3-room flat

Estimated market value of existing flat on

Estimated subsidised selling price of new flat on

Net Receipt (cash/ CPF)

Internal floor area of new flat

My New Home at Dawson

Inside my new home

Kitchen wall and

Main door and gate

Bedroom floor finishes

Ideas for your new home

My New Home at Dawson

Modern Living at its Best

A brand new hawker centre and supermarket will be