Official November 2016 SBF

[Jolibee]

I think loan and grant amount will be affected, with the final amount dependent on how much you are earning in your new job.

So the more i earn, the more the grant??

 

[RadEoNic]

So the more i earn, the more the grant??

inverse relationship lah...........

 

[RadEoNic]

For SBF

https://services2.hdb.gov.sg/webapp/BP13AWFlatAvail/BP13SEstateSummary?sel=SBF

yah sbf.......but why no sembawang one?
or is it cos selection haven't start?

 

[dominowee]

yah sbf.......but why no sembawang one?
or is it cos selection haven't start?

Yep they recently just added Pasir Ris in. Prob the selection hasn't started for sembawang

 

[Jolibee]

inverse relationship lah...........

Oh sorry i mean for loan. Cos my friends earning higher, so they got higher loan, whereas i got a lower amount

 

[Franzz]

Oh sorry i mean for loan. Cos my friends earning higher, so they got higher loan, whereas i got a lower amount

Yes for loan the higher you earn you more you get... but also depend on other factors such as employment type (part time vs full time, employed vs self employed)

 

[eternal-snow]

Queenstown has been added to the SBF nov 2016 flat selection list

 

[cavalry.knight]

I was wondering if the selection is based on alphabetical order? E.g Amk, Bedok, Clementi ... Pasir rise and Queenstown added but some areas like Geylang or Kallang/Whampoa not added yet.

Just a question for you guys, will people generally select ready units first or units ready in 1-2 years time? My area has some units keys ready for collection.

 

[plusOne83]

Seems like this time they let those area with a lot of completed flats to select first?

I will go for key ready units, I think most going for SOBF want to get a flat fast.

Btw did the neighbour told you about kumantongs or you saw it? Abit scary if the spirits will come your house to play haha.

 

[l3golas82]

yah sbf.......but why no sembawang one?
or is it cos selection haven't start?

Dropped by HDB today, current selection for Nov SOBF is Ang Mo Kio and Clementi.

Seems like they are in alphabetical order.

LOL!

 

[cavalry.knight]

Tried to observe the pattern how people select in Amk now. Seems like there is a mix of people going for ready flats and some going for flats ready in 1-2 years time.

At this rate I think selection in AMK will be done in this 2 weeks.

Anyone going for Geylang? My appointment is April, haven't get the exact date yet

 

[RafflesFarquar]

When is the earliest mop of kallang Trivista houses?

Lost out at sobf. Now hunting for resale after Mop finish

Neighboring kallang heights flats demanding high money for inward facing houses. Such morons

 

[meshpenstand]

When is the earliest mop of kallang Trivista houses?

Lost out at sobf. Now hunting for resale after Mop finish

Neighboring kallang heights flats demanding high money for inward facing houses. Such morons

Trivista?
The one just in front of Kallang MRT?
They just collected keys mid last year. So.. earliest MOP is Mid 2021.

Kallang Heights have been around for a while, that estate is possible.
Morons are those who wants to buy when they think the units is over-priced.

 

[algernonster]

it seems like alphabetical order. Most likely next will be sembawang and Sengkang to the list

 

[tesseradecades]

I was wondering if the selection is based on alphabetical order? E.g Amk, Bedok, Clementi ... Pasir rise and Queenstown added but some areas like Geylang or Kallang/Whampoa not added yet.

Just a question for you guys, will people generally select ready units first or units ready in 1-2 years time? My area has some units keys ready for collection.

I can assure you that those with keys ready will be the ones that will get picked first.

 

[RafflesFarquar]

Trivista?
The one just in front of Kallang MRT?
They just collected keys mid last year. So.. earliest MOP is Mid 2021.

Kallang Heights have been around for a while, that estate is possible.
Morons are those who wants to buy when they think the units is over-priced.

Hahaaaa. Moron me

I think kallang trivista got some who collected keys in late 2015

 

[meshpenstand]

Hahaaaa. Moron me

I think kallang trivista got some who collected keys in late 2015

Even late 2015 means late 2020. Would not be anytime soon either.
But honestly, that is the market right now.
No one is letting it go cheap. I understand how frustrating that can be, but sometimes you need to lower your expectations to meet your budget (or up your budget to meet the expectations)

Everyone, treats HDB as a profit making tool. And given Trivista is priced at around 500 K (or more), it would be foolhardy to expect flat owners just opposite a 500 K ++ plot to price at 300+ K. Moreover, I expect Trivista after MOP will price close to 700-800K. That is the norm mark up from a BTO to a after MOP flat. Even punngol flats see similar increment for such cases.

With this kind of market, it will be unlikely the prices will be looking to go on a downwards trend. So, relook at your budget, or relook at your expectations.

Good luck

 

[plusOne83]

Congrats! We are the last of the current system. Sobf game changed!!!

http://www.hdb.gov.sg/cs/infoweb/press-releases/more-help-for-first-time-home-buyers

Quicker access to balance flats

4 Balance flats offered under the Sale of Balance Flats (SBF) exercise, currently held twice-yearly, are popular among first-time home buyers as these flats are closer to completion or already completed. To enable those with more urgent housing needs and are less particular about location to have quicker access to a flat, HDB will introduce a new sales mode for unsold balance flats. Unsold flats that remain after SBF exercises will be offered for sale at regular intervals via ballot, with priority given to first-timer households.

5 HDB will offer these flats for balloting in one common pool, instead of separate selection queues for each town and flat type. HDB will launch the first such exercise in the second half of this year. More details will be announced nearer the date.

 

[RafflesFarquar]

Even late 2015 means late 2020. Would not be anytime soon either.
But honestly, that is the market right now.
No one is letting it go cheap. I understand how frustrating that can be, but sometimes you need to lower your expectations to meet your budget (or up your budget to meet the expectations)

Everyone, treats HDB as a profit making tool. And given Trivista is priced at around 500 K (or more), it would be foolhardy to expect flat owners just opposite a 500 K ++ plot to price at 300+ K. Moreover, I expect Trivista after MOP will price close to 700-800K. That is the norm mark up from a BTO to a after MOP flat. Even punngol flats see similar increment for such cases.

With this kind of market, it will be unlikely the prices will be looking to go on a downwards trend. So, relook at your budget, or relook at your expectations.

Good luck

Yep that's right man. I rather 800k trivista than 750k kallang heights.

Kallang heights layout is like an octagon.many inwards facing units.feels claustrophobic



Kallang trivista is like 3 point blocks.atleast not completely covered by concrete all side.

Hdb is rolling out more and more bto than before. Clearly advantageous to buyers than sellers.

 

[xtwis7]

So this means sobf won't be lumped with another BTO in the same exercise within the same month right?

That to me is a crazy rule.