Is HDB balloting truly random ?

Sforthought

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or they do sort out certain criteria themselves but they announce it as randomly selected by computers.

Criteria like : income. job stability.

After all, HDB is afterall giving a housing loan right ? Really random then housing loan to a no job stability gig worker vs a full time employed worker with good salary. Chance of gig worker not being able to repay loan is much higher right ?


I mean really ? So much money involved, so many commitments involved over many years. "It`s random"

Up for discussion.
 

ashethen

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Need HLE letter approved then can ballot. So you definitely need an income to get HDB loan. If no income and no cash then when you collect key and can't pay, then you are rejected lor. Your booking will go to open selection or sbf balloting
 

Laneige

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or they do sort out certain criteria themselves but they announce it as randomly selected by computers.

Criteria like : income. job stability.

After all, HDB is afterall giving a housing loan right ? Really random then housing loan to a no job stability gig worker vs a full time employed worker with good salary. Chance of gig worker not being able to repay loan is much higher right ?


I mean really ? So much money involved, so many commitments involved over many years. "It`s random"

Up for discussion.
Are we having exams ah
Why always have things liked up for discussion

like har????
 

CanIsayNo

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basically in sg, u are supposed to be a worker.. as long as you work, you get to have a roof over your head. so keep working
 

sseasea

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Ministry of Digital Development and Information

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Ministry of Digital Development and Information, formerly named Ministry of Communications & Information, invites you to do a poll tomorrow on housing. To verify, contact MDDI hotline: 1800 837 9655.

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This is an automated message sent by the Singapore Government.
 

justln

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Need HLE letter approved then can ballot. So you definitely need an income to get HDB loan. If no income and no cash then when you collect key and can't pay, then you are rejected lor. Your booking will go to open selection or sbf balloting
Now HFE liao, no HFE letter can't apply, everything needs to be in order, less cases of rejection cause they filter out.
 

eAtNeAt

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Posting Misinformation (Unverified / Inaccurate / Debunked / Fake News / Conspiracies)
Grassroot leaders and hdb staffs got priority lor.s
That's why many of those million dollar flats are owned by pappies cronies. Can retire very early
 

justln

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Grassroot leaders and hdb staffs got priority lor.s
That's why many of those million dollar flats are owned by pappies cronies. Can retire very early
Can choose first but their selection very very limited and random. Might be top floor corner unit, might be 2nd floor corridor unit.
Cannot anyhow suka suka choose.
 

simon_84

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No stable job, no talk.
My secondary school friend was an IT help desk in an insurance firm for yrs, never upgrade his career, got a BTO in buona vista area.
Was considered ex to him at that time 600k onward, at least he got many yrs of cpf savings to tank.
 

Tyrian

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I think quite random. Heard a chao Keng fellow in my company got low single digit in a Yishun BTO.
 

IAmChiobu12M

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or they do sort out certain criteria themselves but they announce it as randomly selected by computers.

Criteria like : income. job stability.

After all, HDB is afterall giving a housing loan right ? Really random then housing loan to a no job stability gig worker vs a full time employed worker with good salary. Chance of gig worker not being able to repay loan is much higher right ?


I mean really ? So much money involved, so many commitments involved over many years. "It`s random"

Up for discussion.
From my experience I truly believe not pure chances and random. Just that is a secret that no one will share.
 
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