HDB recently launched the May 2021 BTO last Tuesday 25 May for 3,879 new flats across four estates: Bukit Merah, Geylang, Tengah and Woodlands. The application period runs for a week and will end on Monday 31 May at midnight.
Over the week, HDB will update the application rate daily at 8 am, 11 am, 2 pm and 5 pm, allowing applicants to gauge their BTO chances.
Here are the application rates for the 2-room Flexi flats, as of 28 May at 11 am.
And here are the application rates for bigger flats, as of 28 May at 11 am.
If you’re keen on balloting for a 4-room flat in Bukit Merah, you might want to note that you’ll be facing very stiff competition. Within three days, the application rate for these flats has reached a whopping 30.3. As we’ve predicted in our Bukit Merah BTO review, flats here will be the most oversubscribed.
On the other hand, so far the Geylang BTO isn’t as oversubscribed as the previous launch last August, which had an application rate of 19.1 for 4-room flats.
To increase your chances of getting a BTO this time, you might want to try your luck at Geylang, Tengah or Woodlands instead. Flats at these estates generally have lower application rates for now.
Still considering which estate to ballot for? Check out our May 2021 BTO reviews here:
Looking to sell your property?
Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.
One easy way is to send us a request for a credible and trusted property consultant to reach out to you.
Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.
If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.
Meanwhile, if you have an interesting property-related story to share with us, drop us a message here — and we’ll review it and get back to you.
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