Overview
- The government has no plans for more Selective En bloc Redevelopment Scheme projects and is focusing resources on VERS with a framework due by September 2030.
- Under VERS, residents in precincts around 70 years old will vote on early redevelopment offers, with initial pilots slated for the first half of the 2030s.
- Home Improvement Programme II is being expanded to include corrosion-resistant repairs and microwave scanning to keep older flats liveable until VERS launches.
- Experts say securing collective approval may be difficult because compensation under VERS could be less generous than SERS and residents’ needs vary widely.
- Clear compensation packages, priority rehousing in existing towns and proactive public consultation are cited as critical factors for VERS’s success.