How can I increase my chances of getting into BTO?

Stay Within 4km of Your Parents – Married Child Priority Scheme (MCPS)
Or Better Yet, Live With Them – Married Child Priority Scheme (MCPS)
Apply for the Same BTO Project As Your Parents – Multi-Generation Priority Scheme (MGPS)

How does HDB balloting done?

HDB manages HDB BTO applications through a computerised balloting system that randomly assigns you with a queue number. You are then invited to book (or select) a flat based on the order of the queue number. And the earlier you can book a flat, it means the greater the selection of HDB units to choose from.

What are my chances of getting BTO?

TL;DR: Probability of Getting an HDB BTO Flat Queue Number Here are the chances of getting a queue number based on the statistics provided by HDB for the last 10 BTO exercises, excluding the May 2021 launch. This means that if you’ve gotten to that stage, there’s only 1.6% chance of failing to secure a unit.

How long does HDB balloting take?

The balloting time for BTO launches was reduced from 6 weeks to 3 weeks, starting from the BTO launch in May 2019. The lower the queue number you get, the better it is. The HDB website explains in detail how the balloting process is carried out.

Why is BTO unsuccessful?

An application is only considered unsuccessful if you are not invited to select a flat, e.g. not successful in the ballot, or the flats were all taken up before your queue number was due. Additional chances are not given for SBF and BTO sales launches in mature estates as the supply of those flats is limited.

Can I apply for 2 BTO?

The BTO process is really quite robust. And HDB won’t put you in a situation where you’ll lose out, because you can definitely apply to more than one sales launch — as long as you’ve not booked a flat yet.

Can I BTO If I own a HDB?

Yes you still can purchase the BTO, but there are condition to match. Do take note that you will first need to serve the 5-year MOP before you are eligible to apply for a BTO. You will also need to pay a resale levy (from $30-50k, depending on your flat size) in CASH, upon the sale of your current HDB flat.

How many BTO can you apply?

Which is better BTO or resale?

BTOs are always cheaper than resale flats, as they aren’t being sold by owners looking for capital gains. That said, even taking different apartment sizes into account, BTOs are still substantially cheaper than resale flats. Sure, both of them have grants, but BTO still wins in cost.

How long does HDB BTO take to complete?

BTO Projects – wait time of about 3-4 years for standard BTO projects. BTO Projects (with shortened waiting time) – wait time of approximately 2.5 years. Balance Flats – typically shorter than that of BTO projects since balance flats are usually close to completion or are already completed.

What happens if you reject 2 chances for HDB BTO?

For first-timers, rejecting 2 chances to book a flat means your first-timer priority will be suspended for 1 year. FYI: you can still apply for an HDB BTO flat during that 1 year, you just don’t have your first-timer priority.

Are there more ballots for first timers on BTO?

If you are a first-timer you are allotted more ballots as compared to repeat homebuyers. Also, more flats are allotted for first-timers. But what if you’re a BTO first-timer but the person you’re applying with is not, or vice versa?

What are the requirements for a HDB BTO flat?

To apply for a HDB BTO flat, you have to meet these eligibility criteria set out by HDB. Most notably, your average gross monthly household income cannot exceed $14,000 if you are looking to apply for a 4-room or bigger flat. Here are 8 ways you can improve your HDB BTO ballot chances.

When to apply for HDB build to order?

Applying for a HDB Build-To-Order (BTO) flat has seemingly become a rite of passage for couples in Singapore. This application represents a commitment towards the next stage of your lives together. With the May 2020 exercise having been deferred, the next HDB BTO application in August will feature two sales exercises in one.