Check eligibility and plan your finances
Before you jump into buying an HDB flat, you gotta check if you’re eligible first. Use the eligibility check e-service to see if you can apply for housing grants and take a loan from HDB. Plus, you can also plan your finances and budget with HDB budget calculator to make sure you can afford it.
Apply for a new HDB flat online through the HDB Flat Portal when a new batch of flats is up for sale. You can learn more about the different modes of sales and flat applications. Don’t forget to sign up for the HDB eAlert Service to stay updated on the latest sales launches.
After you submit your application, the ballot results will be sent to you via email.
Book a flat
Once you are shortlisted, you can book a flat through a booking exercise which takes place 4 weeks after the ballot results are released. The booking process can take a few months depending on the flat supply and demand. You will receive an invitation to book a flat based on your queue position and get the details 2 weeks before your booking appointment. Find out more about booking a flat and get ready to move into your dream home.
Sign Agreement for Lease
Once you’re selected to get a flat, it’s time to sign the Agreement for Lease. This usually happens 6 months after booking a flat. Learn more about it here.
Get the keys
Congratulations, your new flat is ready! You’ll be invited to collect your keys once it’s completed. Find out more about key collection.
Tighter restrictions for BTO applicants who fail to select flat from August 2023
The move is aimed at making the allocation process more efficient and ensuring that those who need a home can secure their flats more quickly. Currently, about 40% of BTO applicants do not book a flat when invited to do so, either because they do not turn up or decline the offer.
Starting from August 2023, first-time applicants who fail to choose a flat once will be deemed second-timers for a year in the computer ballot. Second-timers who accumulate one non-selection count, down from the current two counts, will have to wait one year before they can apply for a flat again.
This means that non-selecting first-time applicants will lose their priority status for a year, while second-timers will face stricter penalties. Currently, first-time family applicants have a better chance at balloting as they get two ballot chances, while second-time family applicants are given one. Additionally, up to 95% of HDB’s BTO or Sales of Balance Flat (SBF) supply is set aside for first-timer families.
This policy change is meant to make the BTO allocation process more fair, but it may also have unintended consequences. For example, the number of second-timers vying for each BTO flat is typically much higher than the number of first-time applicants. This can make it much more difficult for second-timers to secure a flat, even with a shorter waiting period.
It’s important for BTO applicants to understand these new rules and plan their applications accordingly. If you’re a first-time applicant, make sure to select a flat during your appointment to maintain your priority status. And if you’re a second-timer, try to accumulate as few non-selection counts as possible to avoid a longer waiting period.
Other commonly asked questions ;
The Process of BTO
The BTO process starts with the announcement of a new sales launch by HDB. Interested applicants can apply online through the HDB Flat Portal during the sales launch period. Before applying, it’s essential to check your eligibility using HDB’s eligibility check e-service. You can also use HDB’s budget calculator to work out your finances and budget.
After the application period, HDB will hold a ballot to select the successful applicants. Successful applicants will be notified of the outcome of the ballot results via email. The shortlisted applicants will then be invited to book a flat based on their balloted queue position.
Timeline of Getting a BTO
The timeline for getting a BTO varies depending on several factors, including the availability of flats and the construction progress of the development. Generally, it takes around three to four years from the time of application to the collection of keys.
After booking a flat, you will be invited to sign the Agreement for Lease from six months after booking. The final step is to collect the keys when the new flat is completed.
Downpayment on BTO
When booking a flat, successful applicants are required to pay a downpayment. The downpayment is 10% of the purchase price for first-timer families, while it’s 20% for second-timer families. The downpayment can be paid using your CPF Ordinary Account savings or cash.