6 application failed. Hmmm. Wonder does anyone know hdb balloting algorithm notwithstanding the no of chances etc.
6 application failed. Hmmm. Wonder does anyone know hdb balloting algorithm notwithstanding the no of chances etc.
Based on the application rate for first timer for 5 room cck, i heard that first timers sure get a number within the total number of units. but number may still not be good. means might be the last number also.
is lidat meh? i thought based on the 1st timer, 2nd timer thing, not possible that a first timer is the last number..
dont know how this works.
hmm no leh, i 1st time in Mar BTO, also get number out of total number of units...
was it the same rate as cck 5 room? the first timer application rate is only 0.7
6 application failed. Hmmm. Wonder does anyone know hdb balloting algorithm notwithstanding the no of chances etc.
Not accurate de...
I 1st timer ballot 4 times liao number all exceeded. Even the mar got 6 balloting chances oso exceeded
..
& all applications r being ballot under 1pool so if there r more 2nd timers, u might nt b in range oso..
really? I heard from HDB side via email is that if first timer rate 1.0 or less, chances of getting it is almost a certain.
HDB reserves 85%/95% for 1st timers... so if total units is 100, abt 95 units will be for first timers.
this means that if the BTO first timer ratio is less than 1.0 (undersubscribed), there are less than 95 first timers for the BTO exercise. That is almost impossible as every exercise it is always oversubscribed.
HDB reserves 85%/95% for 1st timers... so if total units is 100, abt 95 units will be for first timers.
this means that if the BTO first timer ratio is less than 1.0 (undersubscribed), there are less than 95 first timers for the BTO exercise. That is almost impossible as every exercise it is always oversubscribed.

reddevil82,
care to share how does hdb calculate the ratio for the punggol 5 room?
422 units
1049 applications
1.3 first timer
9.0 second timer
85% of 422 = 358.7 flats reserved for first timer
15% of 422 = 63.3 flats reserved for second timer
1.3 * 358.7 = 466.31 first timer applicants
9.0 * 63.3 = 569.7 second timer applicants
total = 466.31 + 569.7 = 1036.01 which is still short of the 1049 applicants
HDB reserves 85%/95% for 1st timers... so if total units is 100, abt 95 units will be for first timers.
this means that if the BTO first timer ratio is less than 1.0 (undersubscribed), there are less than 95 first timers for the BTO exercise. That is almost impossible as every exercise it is always oversubscribed.
Adding on ,
Example 100 Units
95% goes to 1st timer,
5 % goes to 2nd timer.
means : 95 units will be allocated to 1st timer & 5 units to 2nd timer
From number 101 onward, There will not be 1st timer priority already... all mixed up.
AS for the ratio.
Example 100 Units
95% goes to 1st timer,
5 % goes to 2nd timer.
1.0 for 1st timer, 100 applications are 1st timer, which means 5 couples will be out of the 100 range Q number.
Hope it helps & Correct me if im wrong.
Cheers
Any idea when the result will be out?
for march ,ruselt was out on FRI 20apr12Any idea when the result will be out?