[FULL] Chee Hong Tat on Voluntary Early Redevelopment Scheme

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The Voluntary Early Redevelopment Scheme (Vers) should not create a lottery effect or be viewed as a wealth-generating programme, said Minister for National Development Chee Hong Tat on Sept 24. Chapters: 00:00 MND and HDB adopting a multi-pronged approach to keep older estates vibrant 01:48 Purpose of Vers to facilitate the redevelopment of aging HDB estates 03:15 3 key considerations taken to firm up Vers scheme 06:35 Difference between Sers and Vers 07:47 MND will work on firming up Vers to ensure it does not create a lottery effect 08:38 Andre Low on how the Government can reassure seniors financially and voting process 13:48 Foo Cexiang on what levers are in place to ensure success in the voting process Follow our blog for live coverage: https://www.straitstimes.com/live-singapore-parliament-sept-2025 Follow The Straits Times on YouTube: https://str.sg/ytsub Turn on notifications 🔔 to stay updated. -------------------- WEBSITE ➤ https://www.straitstimes.com WHATSAPP ➤ https://str.sg/whatsapp TIKTOK ➤ https://www.tiktok.com/@straitstimes INSTAGRAM ➤ https://www.instagram.com/straits_times FACEBOOK ➤ https://www.facebook.com/TheStraitsTimes TWITTER ➤ https://twitter.com/straits_times TELEGRAM ➤ https://t.me/TheStraitsTimes PODCASTS ➤ https://str.sg/stpodcasts #straitstimes #singapore #parliament #housing #vers #hdb