S1E10: Does Singapore's Sers scheme still work?

Synopsis: Every second and fourth Friday of the month, The Straits Times' opinion editor Grace Ho takes a hard look at political and social issues of the day with her expert guests. In this episode, she looks at why the Selective En bloc Redevelopment Scheme (Sers) exercise for a few Housing Board blocks of flats in Ang Mo Kio attracted controversy, especially after elderly residents found out that they had to pay up to $100,000 to move to a replacement flat of the same size. Several steps have been taken since then to support the residents. In the studio to help make sense of Sers is Sing Tien Foo, Professor of Real Estate and director of Institute of Real Estate and Urban Studies at National University of Singapore. Highlights (click/tap above): 1:09 Why some residents don't want to move to a replacement flat; history of Sers 6:40 Who stands to gain from the three options available under Ang Mo Kio Sers 13:32 Discussing three alternative options with Professor Sing 18:40 Should there be leases even shorter than 50 years? 21:35 Can Singaporeans continue to expect their HDB flats to appreciate in value? Produced by: Grace Ho ([email protected]), Ernest Luis, Hadyu Rahim and Eden Soh Edited by: Hadyu Rahim Follow In Your Opinion Podcast each month here: Channel: https://str.sg/w7Qt Apple Podcasts: https://str.sg/wukb Spotify: https://str.sg/w7sV SPH Awedio app: https://www.awedio.sg/ Website: http://str.sg/stpodcasts Feedback to: [email protected]  Grace Ho's articles: https://str.sg/w7sr Read ST's Opinion section: https://str.sg/w7sH --- Discover ST's special edition podcasts: Singapore's War On Covid: https://str.sg/wuJa The Unsolved Mysteries of South-east Asia: https://str.sg/wuZ2 Stop Scams: https://str.sg/wuZB Invisible Asia: https://str.sg/wuZn --- Discover more ST podcast series: Asian Insider: https://str.sg/JWa7 Green Pulse: https://str.sg/JWaf Health Check: https://str.sg/JWaN Your Money & Career: https://str.sg/wB2m SG Extra: https://str.sg/wukR #PopVultures: https://str.sg/JWad ST Sports Talk: https://str.sg/JWRE Bookmark This!: https://str.sg/JWas Lunch With Sumiko: https://str.sg/J6hQ Discover ST Podcasts: http://str.sg/stpodcasts Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! #inyouropinionSee omnystudio.com/listener for privacy information.