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flag Singapore plans new VERS scheme for gradual renewal of old public housing, replacing SERS.

flag Singapore plans to launch the Voluntary Early Redevelopment Scheme (VERS) in the early 2030s to gradually renew older public housing estates, avoiding mass relocations. flag This replaces the Selective En bloc Redevelopment Scheme (SERS). flag VERS will start with select sites, and a fair compensation package will be developed. flag Additionally, older flats will receive extensive upgrades through HIP II, with new technologies to detect and repair structural issues. flag The scheme details will be finalized after public consultation.

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