Source: www.channelnewsasia.com
Clementi Ave 1 identified for en bloc redevelopment scheme
By Jacqueline Seng, Channel NewsAsia Posted: 28 June 2007 1820 hrs
SINGAPORE : Seven blocks in Clementi Avenue 1 have been identified for the Selective En bloc Redevelopment Scheme (SERS). The 30-year-old site consists of over 1,100 flats. The blocks involved are 401 to 404 and 407 to 409. Blocks 405 and 406 are rental blocks and these will be cleared to facilitate the redevelopment of other blocks. The Housing Development Board (HDB) will build some 1,600 new replacement flats near the Clementi town centre to rehouse the flat owners. Eligible tenants will also be offered relocation benefits. The SERS plan also involves nine shops, one of which is a rental shop at Block 407, as well as a rental kiosk at Block 402. HDB says these shop owners and lessees will receive compensation based on the prevailing market value. - CNA /ls
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