If the long wait to acquire a BTO flat in Singapore is putting a toll on your home ownership plan, exploring Sale of Balance Flats (SBF) sale exercises may offer just as good alternatives. These exercises happen twice a year for eligible new flat applicants to apply for balance flats from previous BTO launches, surplus Selective En Bloc Redevelopment Scheme.
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Given the pandemic-induced delays in the current crop of Built-to-Order (BTO) flats, homeowners seeking to buy property in Singapore would understandably be looking at other ways to buy a home. The two main routes to home ownership are applying for a BTO, or buying a flat from the resale market. But there are actually two other lesser-known schemes that aspiring.