Which sbf to use

One of the main reasons why people choose to apply for SBF instead of BTO flats is the relatively shorter waiting time. As its name suggests, many of the flats sold under the SBF exercise are balance flats remaining from earlier BTO sales launches. These units are either undergoing construction, or already completed. While SBF is definitely an option to consider, here are some things to take note before you submit your application. SBF comprises a variety of flat types located across different estates.

Information about the available flats is released during the sales launch. These include the flat type, location and number of units available. Home buyers have a week to make their decision — from selecting a flat to submitting the application for the SBF exercise. More details on CPF housing grants here. As there is usually a smaller number of SBF flats available as well, your chances of successfully applying for a flat will vary. The SBF exercise is a good option for home buyers looking to shorten the waiting time for a flat.

This sales mode also offers more flexibility in terms of choice, thus suiting home buyers with specific housing needs. However, as SBF exercises are typically open twice a year, home buyers who are unable to wait may want to consider resale flats.

This article was adapted from Check out the original article here. By There is often a very strong interest in SBF units, and the chances of getting a flat can be slim. Unused elderly quota will be distributed amongst the other households.

If there are fewer than 20 units available for public application, all of the flats will be set aside for first-timer applicants. Second-timer applicants will only be invited to select a flat if there are any flats remaining after all of the first-timers have been invited to select a flat. Flat buyers can apply online anytime and receive a queue number for flat booking on a first-come-first-served basis, and book a flat as early as the next working day, where possible.

This option enables more home seekers to move into their homes earlier. A fresh supply of flats will be made available for open booking twice a year. To allow time for the preparation, online applications will be suspended prior to each inject of fresh supply of flats.

DBSS flats are built and sold by private developers, with better designs and finishes. When a DBSS flat development is launched, the developer will manage the marketing and sales. Pasir Ris site map.

ECs are built and sold by private developers, and are comparable to private condominiums in terms of design and facilities. ECs are attractive options for higher-income Singaporeans. New ECs are launched by the developers, and you can contact them directly if you wish to buy one. Please check these eligibility conditions for buying an EC unit. You need to engage a solicitor to handle conveyancing matters. EC owners can put up their unit for sale on the open market once they have met the minimum occupation period from the date of Temporary Occupation Permit TOP.

If you are looking to purchase an EC unit on the open market, please check if you meet the following eligibility conditions. Please note that these are considered private properties and the resale transaction will be completed at your solicitors' office, not at HDB. Private property buyers are not eligible for an HDB loan or any CPF housing grants; second-timers are not required to pay a resale levy when buying an EC unit on the open market. From announcement to key collection, this is how a BTO flat becomes yours.

Distribution of flat supply We will allocate more new flats to first-timers as they have a more pressing need for a home. How the SBF process works This sales launch usually offers you a wide range of flat types, locations, and prices. Distribution of flat supply We will allocate more flats to first-timers as they have a more pressing need for a home.

For sales enquiries, please contact the developer directly. Before you decide to buy a DBSS flat, find out about the eligibility conditions and how you can apply for an HDB housing loan to finance your purchase. You can also have us perform the conveyancing services for a fee. Sale of EC units on the open market EC owners can put up their unit for sale on the open market once they have met the minimum occupation period from the date of Temporary Occupation Permit TOP.

Overview of eligibility conditions Family nucleus There is no requirement to form a family nucleus.