{"id":108014,"date":"2019-06-12T09:58:19","date_gmt":"2019-06-12T02:58:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-hdb-option-allows-buyers-to-book-balance-flats-at-any-time\/"},"modified":"2019-06-12T10:03:09","modified_gmt":"2019-06-12T03:03:09","slug":"new-hdb-option-allows-buyers-to-book-balance-flats-at-any-time","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-hdb-option-allows-buyers-to-book-balance-flats-at-any-time\/","title":{"rendered":"New HDB option allows buyers to book balance flats at any time"},"content":{"rendered":"


\nHDB home buyers can now submit their application and select a unit by the next working day.\u00a0
\nStarting 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 and book a unit the day after they make an application.
\nThis open booking option of unselected flats from the Re-Offer of Balance Flats (ROF) pool \u201cenables more flat buyers to move into their homes earlier\u201d, said HDB.
\nIt noted that a total of 123 flats will be made available for application from 18 June, comprising 105 flats in mature towns such as Bukit Merah, Ang Mo Kio and Toa Payoh as well as 18 flats in non-mature towns such as Jurong West and Bukit Batok.
\n\u201cThe one-week period gives interested applicants time to gather information on the flats offered, before submitting their application,\u201d explained HDB.
\n\u201cApplicants will be able to select and book a flat on a first-come-first-served basis. During the flat selection appointment, applicants will be assessed for eligibility before they book a flat.\u201d
\nLooking to buy a private condo? Get more insights on the right locations for your new home at\u00a0AreaInsider.
\nHDB revealed that a fresh supply of ROF flats will be offered for open booking twice a year \u2013 in February and August. To give home buyers time to prepare, online applications will be suspended for around two weeks before each inject of new flats.
\n\u201cDuring each suspension, HDB will publish the dates for the next inject and when it will start accepting online applications, so that home buyers can plan ahead for their purchase,\u201d it added.
\nIntroduced in 2017 to help young couples secure their first home sooner, the ROF exercises have become popular with buyers.
\nIn fact, HDB has offered close to 3,400 units via the ROF exercises since August 2017, with around 3,000 households booking a flat. Of these, 62 percent or 1,850 households have already collected the keys to their units.
\n\u201cThe new open booking of ROF flats, together with the existing sales modes, will provide more options for home buyers to find a flat that meets their budget and needs. HDB will continue to monitor the response and make refinements to our sales processes where necessary,\u201d said HDB.
\nFiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0fiona@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…New HDB option allows buyers to book balance flats at any time<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HDB home buyers can now submit their application and select a unit by the next...<\/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-108014","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-s6a","jetpack-related-posts":[{"id":62404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-5291-flats-in-august\/","url_meta":{"origin":108014,"position":0},"title":"HDB launches 5,291 flats in August","date":"August 1, 2017","format":false,"excerpt":"\r Artist\u2019s impression of West Scape @ Bukit Batok. (Source: HDB) The Housing and Development Board on Tuesday (1 August) launched 5,291 flats for sale in its latest Build-To-Order (BTO) and inaugural Re-Offer of Balance Flats (ROF) exercise. They comprise 3,897 BTO units spread across three projects in the non-mature\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/08\/Aug-2017-BTO-flat-prices-1024x447.jpg?fit=1024%2C447&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/5-room-bidadari-flats-more-than-75-times-oversubscribed-by-2nd-timers\/","url_meta":{"origin":108014,"position":1},"title":"5-room Bidadari flats more than 75 times oversubscribed by 2nd timers","date":"February 29, 2016","format":false,"excerpt":"\r Artist\u2019s impression of the Alkaff Oasis BTO project in Bidadari. Source: HDB As of 5pm on Monday (29 Feb), the 236 five-room and 3Gen flats at Alkaff Oasis in Bidadari have emerged as the most popular units in the February Build-To-Order (BTO) exercise, with an application rate of 7.6\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118234,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-flats-in-hdbs-latest-bto-exercise-oversubscribed\/","url_meta":{"origin":108014,"position":2},"title":"All flats in HDB\u2019s latest BTO exercise oversubscribed","date":"August 14, 2020","format":false,"excerpt":"\r HDB has received a total of 17,947 applications a day after launch.\u00a0 The 7,862 new flats launched by the Housing and Development Board (HDB) on Wednesday (12 August) received robust interest from buyers, with all flats types being oversubscribed. 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