Older Flats for VERS may be redevelop by private developers.
Minister for National Development Lawrence Wong said in Parliament (Sept 10) that he “will not rule (private developers) out”. Minister Wong was responding to a suggestion made by Ms Cheryl Chan. Prime Minister Lee Hsien Loong introduced the new Voluntary Early Redevelopment Scheme (VERS) at last month’s Nation Day Rally. The government plans to redevelop […]