Friday, July 9, 2010

Some 20 shopowners in a Selective En bloc Redevelopment Scheme (SERS) are unhappy with the compensation offered by the Housing and Development Board to move to new premises.

HDB has now extended the deadline for the shopowners in Bukit Merah View to accept replacement units. The affected shops are at Block 113 and 114 Bukit Merah View.

HDB had offered them between S$486,000 and S$780,000 in compensation. But shopowners said it is not enough. They said replacement shops offered are one third the size of existing ones, and only have a 30-year lease, compared to their current remaining 60-year lease.

No comments: