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Anonymous

05 Dec 2020

∙

Should I wait 5-7 years for a BTO? Resale in between then? EC/Condo after 7 years?

Hi,

I'm sitting on a crossroad. We are currently approaching our 30s, working for 0 and 2 years. Assuming that I have an opportunity to get a unit for Nov 2020's BTO, would it be better to.

Wait 5-7 years to wait for the unit to be built. Stay with parents in the mean time.
Forgo the BTO, save up money and buy a resale between now and 5-7 years.
Forgo the BTO and disregard resale, buy an EC/Condo at around 5-7 years mark.

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Caleb Seah Hua Xiang

05 Dec 2020

If you can wait, go for bto.

If you can't wait, go for sbf. Otherwise, go for resale hdb.

If you can afford, then go for EC that's going to be ready soon

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Amanda

30 Nov 2020

Like what Sheng Sheng and Justin mentioned, you can consider sales of balance. However as sales of balance is by a balloting system as well so you will need a bit of luck. Alternatively you can try open booking of flat! Usually there will be an announcement of the launch date. Open booking is similar to sales of balance but it goes by first come first serve basis. So when the clock strikes 12midnight your queue number will be allocated based on fastest fingest first.

For me I managed to get a flat during the OBF 😁

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Su

30 Nov 2020

SBF can be a good option if you are not very particular in location/floor level, and indeed to upgra...

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