sundaymorningstaple wrote:They are trying to prevent some locals from committing suicide by buying resale flats with short balance of leases left hoping for SERS. Since 1995 only about 4% have been designated as being available or marked for SERS. That is a very small percentage and the odds are probably less than one of the Roulette tables at Marina Bay Sands.
Don't understand what the 4% figure means. What did he mean by designated or marked for SERS? Does it include HDB flats that were offered SERS, or those that were planned for SERS in the next 5 years but nothing offered yet? I presume he is referring to the entire block and not individual units. Difficult to interpret such a broad statement without accompanying details.
Typically, SERS are offered for HDB flats that are at least 30 years old. If a HDB flat is brand new, it would not be considered for SERS. What would be more interesting is the percentage of flats above the age of 30 years, 40 years that were selected for SERS. How many of them are near MRT? How tall are such flats?