For those that have paid fully for their house and when they get compensated, instead of getting themselves into some trouble of servicing a new loan and paying for renovation, wouldn't it be these people choose their new house + renovation all in well within the compensated value? In this case, its like breakeven.
I mean, we are staying on state's land. Even if you paid up your unit, you didn't pay for the entire land; we are paying only a tiny portion.
The authority being authority has the final say. SG is small. We know HDB is constantly renewing estates and houses. We see many old, stagnant land suddenly became a vibrant living space. People who buys second hand property cannot have myopic view when deciding on a unit. If the estate is old, just be prepared 1 day it be enbloc.