BTO Housing

Did Your BTO Queue Number Exceed? (What To Do Next)

Getting a BTO can be really tough, especially if the application rate for that particular flat is really high!

For my first application, I received the sad news that my queue number was higher than the number of available flats.

BTO Queue Number Exceed

Here’s what will happen next if you have exceeded your queue number:

What happens when your BTO queue number exceeds the number of available flats?

If your queue number is greater than the number of available flats, this would mean that you will not be able to go down for an appointment to book a flat. However, there could be people who receive a low queue number but eventually skip the appointment to book their flat, which may give you a chance if your queue number is slightly higher than the flat supply.

Your BTO queue number will determine the order that you can pick your flat. This means that if your queue number is greater than the flat supply, you would not have the opportunity to book a flat.

However, around 40% of applicants who are invited to book a flat may decline to go down for the appointment.

This would mean that there is still a chance for you to get an appointment, especially if your queue number is just above the total flat supply!

HDB also states in their application rate webpage that a flat with a rate of 1.7 should mean that most applicants should be able to book a flat, after considering these dropouts.

BTO Application Rate Best

For example, if the number of available flats is 600, assuming a 40% dropout, this would mean that if your queue number is between 601 – 840, there is a chance that you may still be called up!

You may have limited choices in your booking

The disadvantage of being one of the last few to book your flat would mean that the choices of flats that are available to book may not be that many.

This is because most of the good units may have already been taken by the applicants with lower queue numbers.

However, there could be some ‘hidden gems’ that may be a perfect fit for you!

You are also able to forgo your appointment if you feel that the units left are not favourable.

However, this will result in some penalties:

BTO Skip Application Penalty

You will be notified of your appointment 2 weeks in advance

If you are lucky enough to get called up to book a flat, HDB will notify you 2 weeks in advance of your booking appointment date.

The chances may be lower to get called for an appointment if your queue number is quite high, so the best would be to wait until HDB notifies you.

Can I apply for a second BTO flat during the next exercise if I already have a queue number?

It is still possible for you to apply for a second BTO in the next exercise, even if you received a queue number in the previous BTO exercise. You are only unable to apply for a BTO if you have already booked a flat.

HDB may give out queue numbers up to 3 times of the flat supply. However, if your queue number is more than 2.5x of the total supply, it can be very hard for you to get called up to book a flat!

If you have a queue number, you are still able to apply for a flat in the next exercise, so long as you have not booked a flat in the previous one.

Apply For Second BTO

For example, if you applied for the exercise in May and received a high queue number, it is still possible for you to apply for a flat in the August exercise.

This is possible, even if the booking exercise only starts in September! However, once you book a flat, you won’t be able to apply for a BTO in subsequent exercises.

Conclusion

Even if your queue number exceeds the total flat supply, there is still a chance that you may be able to book a flat.

However, the available units that you can choose from may be quite limited!

Nevertheless, you are still able to apply for another BTO exercise, as long as you have not booked a flat yet!

Once you have received your appointment, you may want to have a look at these next articles on the Deferred Income Assessment and calculating your Income Ceiling.

If you’re looking for furniture to spruce up your home, you can check out the latest deals on Noa Home (Singapore).


undraw pcsocial 16rw

Do you like the content on this blog?

To receive the latest updates from my blog and personal finance in general, you can follow me on my Telegram channels (Personal Finance or Crypto) and Facebook.

Are you passionate about personal finance and want to earn some flexible income?

You Might Also Like

    Total
    0
    Share