Yahoo Finance Is it getting harder to get a BTO as a second-timer?
Last month, HDB announced it’s increasing the quota for first-timer families and singles applying for a BTO flat in non-mature estates. The increase is due to the strong demand for housing among first-timers.
The change took effect from the August 2022 BTO exercise onwards.
Flat allocation for first-timer families | New allocation | Previous allocation |
3-room flats | At least 85% | At least 70% |
4-room and larger flats | At least 95% | At least 85% |
For first-timer singles, up to 65% of the non-senior 2-room Flexi flats will be set aside for them. This is an increase from up to 50%.
BTO flat allocation breakdown
Here’s the revised breakdown of the BTO flat distribution for applicants applying in the non-mature estates.
Flat type | First-timer | Second-timer | |||||
Families (PPS) | Families (MCPS) | Other families | Singles | Families (ASSIST) | Families (MCPS) | Other families | |
2-room Flexi | 5% | 5% | 10% | 65% | 5% | 5% | 5% |
3-room | 30% | 30% | 25% | NA | 5% | 5% | 5% |
4- and 5-room | 30% | 30% | 35% | NA | NA | 3% | 2% |
PPS: Parenthood Priority Scheme
MCPS: Married Child Priority Scheme
ASSIST: Assistance Scheme for Second-Timers
There’s no change in the flat allocation for those applying in mature estates. At least 95% of the BTO flat supply is set aside for first-timer families.
Flat type | First-timer | Second-timer | |||
Families (PPS) | Families (MCPS) | Other families | Families (MCPS) | Other families | |
2-room Flexi to 5-room | 30% | 30% | 35% | 3% | 2% |
But who are considered second-timers?
You’re considered a second-timer if you have received a housing subsidy before. This means either of the following:
You’ve bought a flat directly from HDB
You’ve bought a resale flat with CPF housing grant
You’ve bought a DBSS flat from a property developer
You’ve bought an EC from a property developer
You’ve received other forms of housing subsidy (eg. from SERS, the privatisation of HUDC estate, etc.)
So if your first home is a resale flat, and you bought it with resale grants, you’ll be considered a second-timer when you apply for a BTO flat.
What does the increased BTO allocation for first-timers mean for second-timers then?
To begin with, the BTO flat supply is already way lower for second-timers, whether they’re applying in a non-mature or mature estate.
The recent increase in allocation for first-timers applying for a flat in a non-mature estate means that a lower quota is set aside for second-timers. For those applying for 3-room flats, the flat supply has been decreased from 30% to 15%.
The flat supply is even lower for those applying for 4-room and larger flats. It’s reduced from 15% to 5%.
It’s also why we’ve seen that the application rates for second-timers for the various BTO projects are always way higher than those for first-timers.
For instance, in the recent August 2022 BTO exercise, the application rate for first-timers applying for 4-room flats at Woodlands South Plains stood at 9.3. This means that 9.3 families are competing for each available flat.
There are 268 4-room flats available at the Woodlands BTO. With 95% of the flat supply for first timers, this means that 9.3 households are competing for each of the 255 flats available.
The competition is even tougher for second-timers, as the application rate among them was 58.8. This is because the flat supply for second-timers is lower at 5% or 13 flats.
The odds are even lower for second-timers applying for a project in a mature estate.
For instance, only around 7 four-room flats have been set aside for second-timers applying at Sun Plaza Spring BTO. Because of the high number of second-timers applying, this led to an application rate of 127.4.
To put it simply, as a second-timer, you need to be really, really lucky to get a BTO queue number.
Nevertheless, HDB sets aside part of the supply for second-timers that need subsidised housing the most.
For instance, under the Assistance Scheme for Second-Timers (Assist), HDB has set aside 5% of 2-room Flexi and 3-room BTO flats in non-mature estates for divorced and widowed parents with children.
This quota is shared with the 15% quota for second-timers.
Tenants of HDB rental flats (of at least two years) also get priority when they apply for a flat. Up to 10% of 2-room Flexi and 3-room BTO / SBF flats are set aside for them.
Read more about the priority schemes and their eligibility criteria.
What options do second-timers have then?
Apply for a BTO in a non-mature estate
If you die die want to get a BTO flat, you can try your luck by balloting for a flat in a non-mature estate. The odds are still higher compared to balloting for a flat at a mature estate.
If we look closely at the application rates of the respective projects in the recent August 2022 BTO launch for second-timers, the application rate is generally lower for non-mature estate projects.
In fact, apart from the Bukit Merah BTO projects, the second-timer application rate for 4-room flats for Woodlands (58.5) – the most popular non-mature estate project in this launch – is still lower than the application rate for similar flat types at the Ang Mo Kio BTO (90.8) and Tampines BTO (127.4).
Apply under MCPS to live with your parents
Besides applying in a non-mature estate, consider applying under the Married Child Priority Scheme (MCPS).
This entails
Applying for a flat with your parents, in which your parents have to live together with you, or
Applying for a flat in a project that’s within 4km of your parents’ house
Among those applying under this scheme, the first priority goes to those applying together with parents.
Submit your application after 5pm on the last day of the BTO exercise
The BTO exercise is not on a first-come, first basis. It’s a balloting process. Submitting your application earlier won’t increase your chances of getting a BTO queue number.
Plus, HDB updates the application rates a few times daily throughout the one-week application period. So take advantage of this information and monitor it throughout the application period. See which project has the highest and lowest application rates for second-timers to know which project you’ll get a higher chance of getting a queue number.
The last update before the application closes is usually 5pm on the last day. So you might want to apply after 5pm. Take note that it closes at 11.59pm.
Otherwise, if luck hasn’t been on your side, maybe it’s time to consider going for a resale flat or an EC instead.
HDB resale flats for sale
452 Sin Ming Avenue
Singapore 570452 · D20
4
4
1,571 sqft
$1,250,000
193 Rivervale Drive
Singapore 540193 · D19
3
2
1,194 sqft
$599,000
292C Bukit Batok East Avenue 6
Singapore 653292 · D23
3
2
990 sqft
$799,000
65 Telok Blangah Drive
Singapore 100065 · D4
2
2
883 sqft
$450,000
694C Woodlands Drive 62
Singapore 733694 · D25
3
2
1,216 sqft
$648,000
111 Jurong East Street 13
Singapore 600111 · D22
3
2
1,291 sqft
$628,000
463 Ang Mo Kio Avenue 10
Singapore 560463 · D20
2
2
731 sqft
$408,000
273A Jurong West Avenue 3
Singapore 641273 · D22
3
2
1,195 sqft
$568,000
442C Bukit Batok West Avenue 8
Singapore 653442 · D23
3
2
1,205 sqft
$788,888
59A Geylang Bahru
Singapore 330059 · D12
3
2
1,087 sqft
$799,998
Executive Condos for sale
The Amore
57A Edgedale Plains · D19
3
2
990 sqft
$1,288,000
The Rainforest
341 Choa Chu Kang Ave 3 · D23
3
2
947 sqft
$1,300,000
Bellewaters
29 Anchorvale Cres · D19
4
3
1,163 sqft
$1,700,000
The Topiary
21 Fernvale Lane · D28
3
2
1,055 sqft
$1,450,000
The Rainforest
345 Choa Chu Kang Ave 3 · D23
3
2
958 sqft
$1,250,000
The Tampines Trilliant
17 Tampines Ctrl 7 · D18
3
3
1,130 sqft
$1,490,000
Sol Acres
20 Choa Chu Kang Grove · D23
3
2
926 sqft
$1,288,000
The Criterion
15 Yishun St 51 · D27
4
2
1,119 sqft
$1,595,000
Sol Acres
10 Choa Chu Kang Grove · D23
3
2
850 sqft
$1,150,000
Sol Acres
20 Choa Chu Kang Grove · D23
3
2
926 sqft
$1,249,999
Have you applied for a BTO flat as a second-timer? Let us know in the comments section below.
If you found this article helpful, 99.co recommends Singapore Consumer Sentiments Study Q2 2022 and November 2022 HDB BTO overview: Bukit Batok, Kallang/ Whampoa, Queenstown, Tengah, Yishun.
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