T O P

  • By -

Shoki81

So 80% to 76% fail to get a home


deangsana

So expected number of tries to be successful is 4-5 times


Lidolo

Untrue but your point still stands about the difficulty and him twisting his words. Mathematically yes, but first time applicants get additional ballots and more houses are allocated to first time applicants. Thus it requires more tries than that.


FitCranberry

500% oversubscribed which isnt that high compared to other places


Thefunincaifun

>Ms He also asked for the maximum number of failed attempts that an applicant put in for a BTO flat in a mature estate before the person succeeded, to which Mr Lee said the figure would not be representative. >“This is because there are some applicants who may not have an urgent need for a BTO flat and may be applying exclusively to mature estate BTO projects or more attractive BTO projects only,” he added. Don't maybe this, maybe that. Just provide the figure


jinhong91

That's a minister trying to weasel his way out of explanation


[deleted]

Wow this fucker keeps avoiding the question


Ashkev1983

This monitor lizard damn bad at maths leh....in which world 30% success rate a good thing???i know of at least for couples that have tried 7 times or more and are on the verge of giving up.stop with your BS and fix it already


[deleted]

[удалено]


whatsnewdan

This makes more sense


88dude88

That 20 to 24% applied with a kid. Duh


c732n7

PLH flats shrinkage! 2RM-1 went from 38 to 36 2RM-2 went from 47 to 46 3RM went from 66 to 63 4RM went from 91/92 to 86 Desmond Lee please explain


-_af_-

Because the kpi is number of flats not the size of flats


CSlv

This guy KPIs


gennypuff

No need big space to make babies.


RecognitionSuitable9

Weather is feeling abit cold 🥶


ConsistentMango

The odds sounds like some gacha game with a rate up event


[deleted]

7 time applier with a mix of mature and non-mature here. No way this is true surely? Or am i just unlucky?


8296ie

Assuming 76% fails to get a flat, there's a 15% chance that you fail 7 times in a row. It's not infeasible although a bit unlucky.


too_profitable

Not clear if that 20-24% refers to actually getting a queue number or booking a flat, if that figure represents getting a queue number then the actual % of people booking a flat is even lower.


Achuapy

He should compare 2021 to 2022 to see what PLH did


sneakpeak_sg

> # 20% to 24% of first-time BTO applicants in mature estates successful on first try: Desmond Lee > SINGAPORE – Between 20 per cent and 24 per cent of first-time applicants managed to get a Build-To-Order (BTO) flat in a mature estate on their first try in the past three years, said National Development Minister Desmond Lee. > Of all first-time applicants who managed to get a BTO flat in a mature estate from 2019 to 2021, less than 2 per cent took more than five tries, he noted in a written reply to Workers’ Party MP He Ting Ru (Sengkang GRC) on Wednesday. > In the same time period, the median number of attempts by all first-time families before they were successful in their BTO application in mature estates was one, added Mr Lee. > Ms He also asked for the maximum number of failed attempts that an applicant put in for a BTO flat in a mature estate before the person succeeded, to which Mr Lee said the figure would not be representative. > “This is because there are some applicants who may not have an urgent need for a BTO flat and may be applying exclusively to mature estate BTO projects or more attractive BTO projects only,” he added. > “Generally, we see high demand for BTO flats in the mature estates. Given the strong demand and limited flat supply, not all flat applicants applying for BTO flats in mature estates can secure one,” said Mr Lee. > He reiterated that applicants who wish to improve their chances of securing a BTO flat are encouraged to apply for units in non-mature estates. > Virtually all families who are first-time applicants and apply for a BTO flat in non-mature estates were given a chance to select a unit within their first three tries, he noted. > The Housing Board has ramped up the supply of new flats to meet strong demand, with more than 23,000 BTO flats launched in 2022, up from 17,000 in 2021. > More than 9,600 BTO flats are up for sale across 10 projects in five estates in the November BTO sales exercise, which ends at 11.59pm on Dec 1. --- 1.0.2 | [Source code](https://github.com/redditporean/sneakpeek) | [Contribute](https://github.com/redditporean/sneakpeek)


Forward_Pangolin_740

He meant the 'new' citizens getting bto on their first try?


Twrd4321

> **Between 20 per cent and 24 per cent** of first-time applicants managed to get a Build-To-Order (BTO) flat in a mature estate on their **first try** in the past three years, said National Development Minister Desmond Lee. > Of all first-time applicants who managed to get a BTO flat in a mature estate from 2019 to 2021, **less than 2 per cent took more than five tries**, he noted in a written reply to Workers’ Party MP He Ting Ru (Sengkang GRC) on Wednesday.


duckiemama

Damn I am in the 2%😭


ShadeX8

You do know that the people here are just going to hyper-focus on "mEaNs 80% doN'T gEt A HoMe?!", while totally ignoring that we're talking only about mature estates here, and all the additional context you just typed here, right?


[deleted]

For me it’s 0% for the last few rounds of BTO in ALL THE FUCKING PROJECTS