Commentary: Condo en bloc rules are changing, and neighbours will feel it first

Commentary: Condo en bloc rules are changing, and neighbours will feel it first


NOT A TRIAL RUN FOR VERS

During the debate in parliament, several Members of Parliament (MPs) asked if changes to en bloc rules will have implications for the Voluntary Early Redevelopment Scheme (VERS), which will allow owners of HDB flats aged 70 years or older to vote on whether the government can buy back their homes before the 99-year lease expires.

Speaking in parliament in September last year, National Development Minister Chee Hong Tat said his ministry is still working out how the VERS vote will run.

The latest changes should not be seen as a trial run for VERS, because the amendment Bill tabled expressly excludes any development on HDB land from the new class of collective sale it creates.




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