{"id":103777,"date":"2019-02-08T10:10:15","date_gmt":"2019-02-08T03:10:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shorter-waiting-time-to-book-hdb-flats\/"},"modified":"2019-02-08T11:03:01","modified_gmt":"2019-02-08T04:03:01","slug":"shorter-waiting-time-to-book-hdb-flats","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shorter-waiting-time-to-book-hdb-flats\/","title":{"rendered":"Shorter waiting time to book HDB flats"},"content":{"rendered":"


\nFlat buyers can now book unsold units from the Re-Offer of Balance Flats pool at any time of the year.
\nHome buyers can look forward to shorter waiting times to book HDB flats as the government has unveiled a new scheme to secure a flat.
\nIt allows flat buyers to book unsold units from the Re-Offer of Balance Flats (ROF) pool at any time of the year.
\n\u201cThis open booking will start around the middle of the year, with the first batch of about 120 flats,\u201d wrote National Development Minister Lawrence Wong in a blog post on Thursday (7 Feb).
\n\u201cIn other words, flat buyers can apply online anytime on a first-come, first-served basis, and book a flat by the next working day. This will effectively reduce their waiting time to book a flat to just one day.\u201d
\nHe noted that some 20,000 Singaporean households purchase a flat from HDB every year, mostly via the Build-To-Order (BTO) or the Sale of Balance Flats (SBF) exercises.
\nIn 2017, the government introduced the ROF exercise, where all unsold HDB units are offered in a common pool.
\nApplicants under the ROF exercise are not required to indicate the flat type and location they prefer and can book any available units based on their eligibility. This benefits buyers with urgent housing needs or who are less particular about the location and other flat attributes.
\nWith this, ROF sales exercises \u2013 which are offered twice a year \u2013 have become popular with buyers.
\nIn fact, around 2,500 households have booked a flat since the scheme was first launched, of which nearly two-thirds have collected the keys to their units.
\n\u201cWith the increased range of options available, I hope that it will be easier and more convenient for potential home buyers to find a flat that meets their different needs, preferences, and budget,\u201d said Wong.
\nFind\u00a0HDB flats for sale\u00a0or read our\u00a0HDB guides. Can you afford an HDB flat? Check your\u00a0affordability\u00a0now.\u00a0
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Shorter waiting time to book HDB flats<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Flat buyers can now book unsold units from the Re-Offer of Balance Flats pool at...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-103777","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qZP","jetpack-related-posts":[{"id":61276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-offer-bto-flats-with-shorter-waiting-time\/","url_meta":{"origin":103777,"position":0},"title":"HDB to offer BTO flats with shorter waiting time","date":"July 20, 2017","format":false,"excerpt":"\r \u00a0 To help young couples get their new homes sooner, the Housing and Development Board (HDB) will introduce a new sales mode for balance flats and will start the construction of select build-to-order (BTO) projects ahead of their launch. The Housing Board plans to launch for sale the first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80973,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-re-offer-of-balance-flats-exercise-sees-robust-take-up\/","url_meta":{"origin":103777,"position":1},"title":"First Re-Offer of Balance Flats exercise sees robust take up","date":"February 26, 2018","format":false,"excerpt":"\r The HDB scheme aims to help young couples acquire their first home more quickly. The first Re-Offer of Balance Flats (ROF) exercise held last August witnessed a strong take up rate of 93 percent, reported Channel NewsAsia citing the Housing and Development Board (HDB). Out of the 1,394 flats\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/over-5000-flats-offered-in-hdbs-august-sales-exercise\/","url_meta":{"origin":103777,"position":2},"title":"Over 5,000 flats offered in HDB\u2019s August sales exercise","date":"August 29, 2018","format":false,"excerpt":"\r The Housing and Development Board (HDB) has launched 5,101 flats for sale under the August 2018 Build-To-Order (BTO) and Re-Offer of Balance Flats (ROF) exercise. \u00a0The 4,375 BTO units on offer are spread across four projects in Punggol and Yishun, said the HDB in a release on Tuesday (28\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdbs-inaugural-re-offer-of-balance-flats-exercise-highly-oversubscribed\/","url_meta":{"origin":103777,"position":3},"title":"HDB\u2019s inaugural re-offer of balance flats exercise highly oversubscribed","date":"August 8, 2017","format":false,"excerpt":"\r \u00a0 The first Re-offer of Balance Flats (ROF) exercise by the Housing and Development Board (HDB) was oversubscribed when it closed on Monday (7 August), with 5,587 applications received for the 1,394 units offered, reported Today Online. First-time applicants accounted for almost 50 percent of the buyers at 2,647,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-hdb-option-allows-buyers-to-book-balance-flats-at-any-time\/","url_meta":{"origin":103777,"position":4},"title":"New HDB option allows buyers to book balance flats at any time","date":"June 12, 2019","format":false,"excerpt":"\r HDB home buyers can now submit their application and select a unit by the next working day.\u00a0 Starting Tuesday (11 June), home buyers looking to purchase a balance flat from the Housing and Development Board (HDB) can view online listings of such flats at any time of the year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121243,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-sets-aside-800-more-rental-flats-under-pphs-and-introduce-new-eligibility-conditions\/","url_meta":{"origin":103777,"position":5},"title":"HDB sets aside 800 more rental flats under PPHS and introduce new eligibility conditions","date":"August 4, 2021","format":false,"excerpt":"\r HDB will finetune its eligibility conditions and allocation process for PPHS, and also introduce a new\u00a0$7,000 income ceiling for such flats.\u00a0\u00a0 The HDB on Tuesday (3 August) announced that 800 more rental flats will be set aside over the next two years for families awaiting the completion of their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/HDB-flats-in-Bukit-Panjang-scaled.jpg?fit=1200%2C406&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103777"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=103777"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103777\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}