March BTO 2012

[Milo-Dino]

Do we really need to fill in all the credit cards/credit lines loans and amount ?? Credit card where got exact want..

I didn't fill in any for credit cards when I filed my HLE

but if u have any other more "solid" loans, better fill in.

 

[Kevin10]

I didn't fill in any for credit cards when I filed my HLE

but if u have any other more "solid" loans, better fill in.

Solid like ?? Car loan confirm..any others ?

 

[Milo-Dino]

Solid like ?? Car loan confirm..any others ?

other kinds of loans (with the banks )
-ready credit if used, I think should declare

if got loan from loan shark.... up to you la

 

[Kevin10]

other kinds of loans (with the banks )
-ready credit if used, I think should declare

if got loan from loan shark.... up to you la

Hmm.. ok. thanks !
When will be the time where we apply for HLE ?

 

[Kaylin]

The way you calculate how many people applying for your flat is like this:

Take t as the allocation percentage and you get the following:
A) Mature estates
i) first timers: t = 0.95
ii) second timers: t = 0.05
B) Non-mature estates
i) first timers: t = 0.85
ii) second timers: t = 0.15

Now the formula to calculate how many applicants are fighting for the units available is:

Number of units for a specific flat type x Application rate for first/second timers x t

And the formula to calculate the number of flats available in your category (eg 3 room) is:

Number of units for a specific flat type x t

For your case the value of applications received are 214 x 8.1 x 0.15 = 260 and the number of units available are 214 x 0.15 = 32

So in conclusion there are 260 couples fighting for 32 units.

Now your question ask for number of chances and this is impossible to calculate with the info provided by hdb given the fact that you don't know how many of these couples are applying under the MCPS.

So, the best you can do is make assumptions. Assuming that 50% of the applications received fr second timers falls under the MCPS, which gives 2 chances instead of 1, then the number of balloting tickets would be (260 x 0.5 x 2) + (260 x 0.5 x 1) = 390.

You get 2 chances out of 390 to apply for one of the 32 units available.

errr 2 chances out of 390 means what? so is it good or bad? it doesnt sound very optimistic haha. anyway at the bottom of this page :

HDB InfoWEB e-Service : Flat Supply & Applications Received

it says "However, some flats are also set aside for quota-based priority schemes, where HDB does not differentiate between first-timers and second-timers." so does that mean we 2nd timers with priority might also be one of the 85% and not 15%? lol

 

[all4none]

Let's just say so long as the application rate is not less than 1, you are pretty much relying on fate

 

[tnqhome]

Same here^^

I calculated the IL benefits is an opportunity cost that outweighs staying in a mature and near town estate.

But i think Bukit Panjang is a potential town as there is downtown line when the BTO completed. Meaning the price will increase somehow, so buying at this price for this BTO is really cheap.

 

[hwaa]

when will the results be released?

 

[ckleow79]

Hmm.. ok. thanks !
When will be the time where we apply for HLE ?

You can apply HLE during flat selection. (I did that for my sept 2011 bto)

 

[Kevin10]

You can apply HLE during flat selection. (I did that for my sept 2011 bto)

oic,thanks !

 

[all4none]

But i think Bukit Panjang is a potential town as there is downtown line when the BTO completed. Meaning the price will increase somehow, so buying at this price for this BTO is really cheap.

I guess this is what they call an investment.

 

[frozened]

when will the results be released?

should be out by end of this week or next week latest.

 

[Kevin10]

should be out by end of this week or next week latest.

I think is next week..

 

[rojak-]

I think is next week..

i hope is this week =P

 

[GamerZ]

Results most likely will be out next week, called HDB

 

[rain_myth]

But i think Bukit Panjang is a potential town as there is downtown line when the BTO completed. Meaning the price will increase somehow, so buying at this price for this BTO is really cheap.

bukit panjang = potential town? LMAO. sorry.

http://www.h88.com.sg/article/Fajar+Hills+BTO+review/

 

[3G SAINT]

Results most likely will be out next week, called HDB

Why so impatient
If the flat is yours will be yours...
Juz like you buy 4D, the more you want to strike, the more you will not get it...take it naturally...

 

[Elnin0]

So the result is out.... we need to go down to sign and choose the unit I want?

 

[LiangZzZ]

So the result is out.... we need to go down to sign and choose the unit I want?

they will assign u a date to go select the unit and pay the option fee. after about 2-3 months they will invite u again to pay the downpayment lor.

 

[all4none]

bukit panjang = potential town? LMAO. sorry.

Location-wise it's not the best BTO of the lot, but it has got some good things going for it and the price is affordable too. If you live or like living in the north-east north-west, then this is good for you. Bukit Panjang is an upcoming estate, thanks to a new MRT and new mall, the value of the estate should increase with time.

This is written by the same site just months ago, judge yourself