Saturday, December 22, 2007

B3768 / 316



3768 is the Queue No we got for the total 316 units for December Balloting Exercise (BE). I have seen the application was far more above the available unit for the previous BE recently, it might be explained to be the high booming re-sale price in the open market right now. Couples or flat buyers therefore turned their consideration through HDB direct purchasing.

This is definitely another headache for the going-to-marry couples. We had tried balloting on the BTO (Build to Order) before but later on drop the idea after considering the unit will only be ready 4-5 years later. We then look around for the re-sale unit at east area which near dear’s parent house. Though purchasing for the re-sale unit would have larger floor area and more flexibility, but the re-sale prices were rising very fast for the past 1 year.

One thing good for the bi-monthly BE is that there were units with keys available, which mean ready to move in anytime. But seeing the overwhelming responses for BE, we have to search from re-sale market again.

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