{"id":40616,"date":"2021-06-03T11:28:17","date_gmt":"2021-06-03T03:28:17","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=40616"},"modified":"2022-09-21T15:25:45","modified_gmt":"2022-09-21T07:25:45","slug":"old-flats-sold-through-sbf-heres-what-you-should-know","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/old-flats-sold-through-sbf-heres-what-you-should-know\/","title":{"rendered":"Old flats sold through SBF? Here\u2019s what you should know."},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p>On Monday 31 May, someone <a href=\"https:\/\/www.reddit.com\/r\/askSingapore\/comments\/norjmc\/old_flats_in_sbf\/\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">posted on Reddit<\/span><\/a> saying that they noticed 20- to 30-year-old flats being put up for sale via the <a href=\"https:\/\/www.99.co\/singapore\/insider\/sale-hdb-of-balance-flats\/\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">Sale of Balance Flats (SBF)<\/span><\/a> exercise. (Monday was the last day of application for the May 2021 BTO and SBF exercise).<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-reddit.png\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-reddit.png\" alt=\"Screenshot of a Reddit post on older flats sold through SBF\" class=\"wp-image-40614\" width=\"700\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-reddit.png 1094w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-reddit-150x37.png 150w\" sizes=\"(max-width: 1094px) 100vw, 1094px\" \/><\/a><figcaption>Source: Reddit<\/figcaption><\/figure><\/div>\n\n\n<p>A <a href=\"https:\/\/forums.hardwarezone.com.sg\/threads\/may-2021-sbf.6492983\/page-2\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">post on HardwareZone<\/span><\/a> also showed that older flats were being put up for sale via SBF.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-hardwarezone.png\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-hardwarezone.png\" alt=\"Screenshot of HardwareZone post on SBF flats\" class=\"wp-image-40613\" width=\"700\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-hardwarezone.png 892w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-hardwarezone-150x99.png 150w\" sizes=\"(max-width: 892px) 100vw, 892px\" \/><\/a><figcaption>Source: HardwareZone<\/figcaption><\/figure><\/div>\n\n\n<p>Since the May 2021 SBF exercise has ended, we weren\u2019t able to check the details for the flats sold in the recent launch.<\/p>\n\n\n\n<p>But we found flat details of those put up for sale during the previous <a href=\"https:\/\/esales.hdb.gov.sg\/bp25\/launch\/20nov\/bto\/20NOVSBF_page_9483\/about0.html\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">SBF exercise in November 2020<\/span><\/a>. Turns out, there were flats <b>as old as 43 years old available for selection<\/b>. Like this flat built in 1978 in Ang Mo Kio.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-ang-mo-kio.png\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-ang-mo-kio.png\" alt=\"Screenshot of details of Ang Mo Kio flat put up on SBF\" class=\"wp-image-40612\" width=\"700\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-ang-mo-kio.png 477w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-ang-mo-kio-150x199.png 150w\" sizes=\"(max-width: 477px) 100vw, 477px\" \/><\/a><figcaption>This Ang Mo Kio flat was put up for the November 2020 SBF. Source: HDB<\/figcaption><\/figure><\/div>\n\n\n<p>When we looked for those in Singapore\u2019s oldest estate, Toa Payoh, we found an even older flat that\u2019s sold.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-toa-payoh.png\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-toa-payoh.png\" alt=\"Screenshot of Toa Payoh flat put up for SBF\" class=\"wp-image-40615\" width=\"700\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-toa-payoh.png 385w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2021\/06\/older-flats-sbf-toa-payoh-150x245.png 150w\" sizes=\"(max-width: 385px) 100vw, 385px\" \/><\/a><figcaption>This Toa Payoh flat put up for the November 2020 SBF is nearly 47 years old! Source: HDB<\/figcaption><\/figure><\/div>\n\n\n<p>A common misconception is that flats sold under SBF are BTO leftovers. The truth is, these flats include those that have been <b>returned to the HDB for various reasons<\/b>, such as not being able to keep up with the payments or couples breaking up.<\/p>\n\n\n\n<p>So if you\u2019re planning to ballot in the next SBF in November, keep in mind that there might be older flats for sale. Older flats are generally bigger than newer ones, <strong>but they may also require further renovation.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-about-hdb-s-open-booking\"><b>How about HDB\u2019s Open Booking?&nbsp;&nbsp;<\/b><\/h2>\n\n\n\n<p>Another way you can ballot for flats is through the <a href=\"https:\/\/www.99.co\/singapore\/insider\/hdb-open-booking-of-flats-vs-resale-cheaper\/\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">Open Booking of Flats<\/span><\/a>, in which the flats are SBF leftovers. Unlike BTO and SBF, <b>applications for Open Booking are open at any time of the year<\/b>.<\/p>\n\n\n\n<p>On the other hand, Open Booking is suspended twice a year for HDB to inject a fresh supply of flats. As of writing, all flats under this scheme have been <a href=\"https:\/\/homes.hdb.gov.sg\/home\/landing\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">booked<\/span><\/a>. HDB will announce the next batch available on Friday 13 August at 12pm. In the meantime, you can sign up for <a href=\"https:\/\/services2.hdb.gov.sg\/webapp\/BF08CESS\/\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\">HDB\u2019s alert<\/span><\/a> to be notified about the new batch.<\/p>\n\n\n\n<p>Found the waiting time too long? Consider going for resale flats as you\u2019ll have more options, be it location, flat type or remaining lease.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-will-you-select-an-older-flat-through-sbf-or-open-booking-let-us-know-in-the-comments-below\"><b>Will you select an older flat through SBF or Open Booking? Let us know in the comments below.&nbsp;<\/b><\/h2>\n\n\n\n<p>If you found this article helpful, 99.co recommends\u00a0<a href=\"https:\/\/www.99.co\/singapore\/insider\/things-must-know-before-apply-sale-of-balance-flat-sbf\/\" target=\"_blank\" rel=\"noreferrer noopener\">5 things you must know before you apply for HDB\u2019s Sale of Balance Flats (SBF)<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.99.co\/singapore\/insider\/scenarios-disqualify-hdb-bto-first-timer-applicant-benefits\/\" target=\"_blank\" rel=\"noreferrer noopener\">5 scenarios that can disqualify you from getting HDB BTO first-timer applicant benefits<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday 31 May, someone posted on Reddit saying that they noticed 20- to 30-year-old flats being put up for sale via the Sale of Balance Flats (SBF) exercise. (Monday was the last day of application for the May 2021 BTO and SBF exercise). A post on HardwareZone also showed that older flats were being&hellip;<\/p>\n","protected":false},"author":111,"featured_media":59434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"41518,55407,38733,41211,35292,6493","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53631,53632,57131],"tags":[54082,54813,54084],"persona":[57126],"class_list":{"2":"type-post","14":"entry","15":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Old flats sold through SBF? 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