It may be time to stop being choosy or gaming the system, as HDB clamps down with a new “choose it or lose it” policy. Those who fail to show up at BTO selection won’t just lose their chance at the current development – they’ll find themselves joining the second-timers all the way at the back of the queue. But...
Besides this, first-timers have two chances to succeed during balloting, whereas second-timers have only a single chance.There are some people who are just trying their luck. For example, someone who ballots for a highly desirable BTO launch just to see if they could get one; they’re only semi-serious about it, and figure they’ll “think about it if they win.”Another group of buyers may just be pickier.
However, industry professionals we spoke to said this is unlikely to work. One realtor, who works primarily in the HDB market, says:You have to consider that not everyone is thinking to sell at MOP – if it’s a place where they intend to spend the rest of their life, or even a long time like 20 to 30 years – they will want to ensure they get the best flat. If they have to forfeit even thousands of dollars to do it, they probably will.
The reader likened this to prior arguments over some buyers getting high-value mature-area flats, whilst others are stuck with less developed options. However, some readers had equally strong opinions that support the new measures; with one reader asserting that:
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