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L H

29 Nov 2019

āˆ™

Property

How many times should I try for a BTO/SBF before looking for a resale flat instead?

Tried about 4 times already. Haven't had luck as not looking at non-mature estates.. need to live close to parents as only child.

Discussion (2)

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Elijah Lee

29 Nov 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi LH,

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I have friends who tried 8 times before they got their BTO.

I also have friends who got it on their first try.

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So I would say, you should look at the urgency factor. If you are ok to wait, you'll eventually get your first BTO. If it is slightly urgent, SBF can be a good option to move in quicker, but it is likely that they are low floor, so you will have to take that into consideration. The fastest is still resale, but you must be able to pay the price premium as compared to BTO, and also put up with the fact that it will not be a brand new flat, or a flat with a 99 year lease.

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Good luck!

Pang Zhe Liang

27 Nov 2019

Lead of Research & Solutions at Havend Pte Ltd

It depends on urgency and cashflow.

If you are looking to move urgently and can afford, then go for resale.

If you are not looking to move urgent and can afford, then consider resale.

If you are looking to move urgently and cannot afford, then wait for BTO.

If you are not looking to move urgently and can afford, then consider BTO.

I have friends that tried more than 9 times. Hence, it really depends on individual needs.

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