Guide to Applying for a SBF

When it comes to new BTO launches, first-time homeowners can probably attest to the anticipation, stress and a whole lot of finger crossing that comes with balloting for a new flat. Depending on location, some areas such as Telok Blangah can see up to 23x oversubscription, meaning you have a 1/23 chance of getting the flat you want.

If you still prefer to get a newly-built flat as compared to an existing one from the resale market, but don’t really want to deal with all the anxiety – and possible heartbreak – of the BTO lottery, you can consider going for the Sale of Balance Flats (SBF) instead.

[Sourced from Uchify]

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