Ang Mo Kio, Blk 563

Well Renovated Unit, Regular/Squarish Layout!
- Need extension
- Seller doing contra

One of the SERS block as mentioned in the news!!

New site will be located at Ang Mo Kio Drive

Residents living in Blk 562 to 565 at Ang Mo Kio Ave 3 can look forward to new homes and an improved living environment within their town under the Selective En bloc Redevelopment Scheme (SERS). The 4 blocks comprising 606 units of mainly 3-room and 4-room sold flats have been identified for SERS as part of the Government’s overall efforts to renew older estates and provide better homes for residents, while preserving community ties. Completed in 1979, the flats in Blocks 562 to 565 at Ang Mo Kio Ave 3 are about 43 years old (see Annex A for the property profile of the flats). Flat owners will be offered new replacement flats located at AMK Drive nearby.

Flat Owners to Receive Market Compensation for Existing Flat & Assured Allocation of New Replacement Flat

Flat owners will be compensated based on the market value of their flat as assessed by a professional private valuer appointed by HDB. To help defray expenses incurred in the move, HDB will also pay flat owners a $10k removal allowance, as well as the stamp and legal fees for the purchase of a comparable replacement flat.

HDB will build new replacement flats ranging from 2-room Flexi to 4-room units at Ang Mo Kio Drive so that residents can continue living in a familiar environment. Construction of the replacement flats will commence in 3rd quarter 2023 and is estimated to be completed by 3rd quarter 2027.


Flat owners have the option to purchase these new replacement flats with better design and fittings, located within a precinct with modern and comprehensive facilities, at the designated site at Ang Mo Kio Drive. The replacement flats come with a fresh 99-year lease, almost double the lease of the existing flats by the time the residents move out in end 2027. Eligible flat owners may receive a SERS grant of up to $30k.

Contact Eddie @ 9474 2249 for more details or to view!

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Property Details

QuickPro No:

IPL20806393

Property Type:

4 Rooms HDB Flat

District / Estate:

District 20 / Ang Mo Kio

Tenure:

99 Years

Built-up:

990 sq. ft

Bedrooms:

3

Bathrooms:

2

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Mortgage calculator

SGD 1,853

p/m

Loan amount: SGD 547,500

Property price (SGD)

Interest rate (%)

Down payment

Loan term (Years)

Please read the disclaimer

The results from these calculators are an approximate guide only. These calculators, or the results generated, do not constitute any agreement or offer by any lender to provide credit. The calculations do not take into account any fees and charges that a lender may levy. 99 Group Pte Ltd ("Company") is not responsible for the calculator or its calculations and make no representations either expressly or implicitly concerning the calculator or calculations. The Company accepts no liability whatsoever in relation to the calculator or calculations.

Eddie Tan

Contact Eddie Tan at ERA REALTY NETWORK PTE LTD about this property

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