Property
My vision for SERS came true!
By Singapore Man of Leisure  •  June 30, 2014
9 years ago, after my 35th birthday, I started my journey to find a HDB 3 room flat under the Single Singapore Citizen Scheme. The first priority was to find a place to call my own. But at the back of my mind, I had a vision to find a place that could be an en-bloc potential many years down the road. No harm right? Since I've lived in Queesnstown all my life, and would like to continue living in close proximity to my siblings and parents who are also living in Queenstown, it made my selection easier - just focus on Queenstown HDB resale flats. My first criteria was to find an old HDB 3 room flat - the older the better! Mine was built in 1971. It's the early "Simplified" version of a HDB 3 room flat. The type where the toilet and bathroom were joined together as one. Yucks! Thankfully, when I bought it, it's already upgraded where we have a new extra bathroom attached. Phew! Next was to find as low rise a block as possible. Mine was a 10 storey flat. Put yourself in the shoes of a developer - would it make more financial sense to tear down a 10 or 16 storey flat to rebuild into a 30-40 storey flat? My HDB estate is located near One North. Just thought if one day One North needs more space for expansion... And by the way, if I need to rent out a room or the whole flat for income, I think those FTs working in One North would be interested? It's good to have options! Also, opposite my flat are those black and white bungalows from our colonial days where there's huge development potential many years down the road. Only one catch - we were separated by the Malaysian railway track... I remember thinking we cannot let this "anomaly" continue where another sovereign country has a dagger that stabs right into our city center. Was cautiously optimistic that in 20 years time, we should be able to get the land back from Malaysia - especially with Mahatir out of the way. Was pleasantly surprised we got it back so much sooner! Now that's new Malaysia/Singapore relationship for you! So location wise, wearing the lens of a city planner, the HDB estate where I bought my flat looks very likely to be in the way of future development. Yesterday, I got a pleasant visit by HDB officials personally knocking on my door. It's to inform me that I just won the SERS lottery! It was in the TV news yesterday. I'll be part of the New Beginning at Dawson en-bloc development. The 5 new development sites are near Commonwealth Avenue and Margaret Drive. I know that area well. My old Hua Yi Primary School was torn down for this development. It's always nice to exchange old for new. Especially when I remember being a bit sore that as a single, I can't buy a new BTO flat directly from HDB. I guess my turning a lemon to lemonade vision has panned out well. Now I will have a brand new HDB flat in Queenstown just like you all married couples. Hmm. The new HDB flats got fight with Pinnacle - got roof top gardens and sky bridges. As I've always said, I prefer to be lucky than smart! P.S.  I'll explain in another post why it's a vision and not a plan or goal.
Singapore Man of Leisure (welcome to my blog; just google it!)
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2 responses to “My vision for SERS came true!”

  1. Wendi says:

    Hi Singapore Man of Leisure, I am happy that you got your vision of SERS realised!
    I wonder do you have any vision on the en bloc potential for the Henderson Crescent estate which is almost 46 years old.
    I plan to buy a resale flat there to stay for good and off course like you hoping that it would be selected for the SERS programme!
    Would be glad to hear your views!

    • Hello Wendi,

      Hmm… There’s a property agent with the same name as you too ;)

      You buying or selling the flat at Henderson Crescent? LOL!

      The whole of Queenstown and Bukit Merah are being rebuilt and revitalised to avoid them becoming old folks estates…

      Redhill close is already en-bloc.

      Opposite you at Henderson you can see the new en-bloc replacement flats.

      Prince Philip Ave is the corridor for future condominiums.

      I suspect if there’s an en-bloc at your place, it will be linked to the Delta Sports Complex. Similar to what they have done to Buona Vista Swimming Pool at Holland V.

      However, if I’m a betting person, I’ll bet on the older 10 storey Beo Crescent flats would go first before your turn.

      Who can predict the future? Not me!

      But if you like the fantastic location of Henderson Crescent and will be happy to live there forever, then en-bloc is just the icing.

      Head you win; tail you win too!

      Cheers!

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