The government has identified three blocks at East Coast Road — Blocks 1, 2 and 3 — to be redeveloped under the Selective En bloc Redevelopment Scheme (SERS).
Comprising 82 sold flats that are about 48 years old; the site is the 75th site to benefit from SERS.
The Housing and Development Board (HDB) will develop new replacement flats comprising two-, three-, four- and five-room units at Chai Chee Road to re-house the affected homeowners.
According to the HDB, the replacement site is conveniently located near Bedok MRT station, Bus Interchange and Town Centre.
The new site will offer residents various recreational facilities, including a children’s playground, precinct pavilion, fitness stations, community garden and outdoor amphitheatre.
The HDB added that the residents can move into their new homes in 2015.
Eligible SERS flat owners will be invited to register for their replacement flats in Q3 2012.
The HDB said around 34,000 households across 74 sites have benefitted since SERS was established in 1995.
SERS provides residents the unique opportunity to move into a brand new flat with a 99-year lease, improved design and more modern facilities.
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