The balloting for HDB flats can be fickle and cruel to some; and if you’re running out of time, your best bet for a new flat may be from the Sale of Balance Flats (SBF) exercise, or an open booking flat. But how exactly do these work? Here’s 6 factors any HDB flat buyer needs to consider:

1. Balance flats may sometimes cost a bit more
2. All usual eligibility requirements still apply
3. Generally wider range of locations to pick from
4. You may not have the best remaining units to pick from
5. Shorter time to secure financing
6. Shorter waiting time to get your flat

For the full article, please visit: https://stackedhomes.com/editorial/cant-get-a-bto-try-a-sales-of-balance-flat-sbf-or-open-booking-flat/?utm_source=youtube.com&utm_medium=description&utm_campaign=ep47

Chapters
00:00 - Intro
00:32 - Sales of Balance Flat
01:41 - Open Booking Flat
02:17 - First Factor: Balance Flats May Cost More
02:43 - Second Factor: All Usual Eligibility Requirements Apply
02:54 - Third Factor: More Locations to Choose From
03:22 - Fourth Factor: May Not Have The Best of Picks
04:18 - Fifth Factor: Shorter Time to Secure Financing
05:57 - Outro

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Stacked is an online editorial aimed at helping Singapore home buyers, sellers and renters make better decisions. By regularly conducting research and publishing our findings, we hope to give our readers a much better perspective on buying, selling or renting Singapore real estate.

Editorially independent, our articles are published in-house and do not receive sponsorship. We hope to provide unbiased, reliable content that our readers can use.

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