HOW CAN A YOUNG COUPLE GET A UNIT AT BIDADARI BTO...AT A HIGHER CHANCE?

Now that everyone is gunning for the Bidadri BTO, how can you, as one half of a young couple ensure that you have a higher chance at getting a unit?

This checklist comes in handy:

1. Are you a 2nd-timer as a HDB home buyer?
2. Do you intend to have a child at all?
3. Do you intend to have a child within the next 5-10 years?
4. Do you intend to live with your parents/siblings/grandparents at Bidadari?
5. Do you intend to sell your unit when the Minimum Occupation Period is up?

If you had answered 'No' to all four questions, then you should right-size now to a 3-room. This enables you to have a higher chance of getting a better shot at a unit at Bidadari.

95% of 3-room units at a Mature estate BTO are allocated to 1st timers. That's you. And that's the reason why there is currently 10 units for every 6 applicants in the current BTO exercise as of now.

Judging from history, the application numbers for 3-roomers may go up a bit at the end of the close of applications, but it sure beats the low chances of the 4 and 5-room applicants.

I half-suspect the higher pricing of the overall Bidadari exercise is turning off some people too.

So, there you have it. Right-size and stand a higher chance. You have less than 24 hours.

Good luck.

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BIDADARI BTO - NOV 2015

Ok. HDB's launched the latest May 2015 BTO. But seriously, the happy bits are not there. It's in the Upcoming Launch section where it featured Bidadari Estate as one of the two areas on offer in Aug Sep Nov 2015.

The key phrase which you have to take note of is: In Toa Payoh Town.

This probably makes it a mature estate. And prices commensurate to that of mature estates i.e; more expensive.

Over 2000 units are on offer. But they are not the choicest of all. One plot is pretty near a mosque. All require the crossing of a road to get to Woodleigh MRT station. But this could be an over or underpass.

If you take a look at the URA masterplan and HDB provided map, the plot with 530 units of 3R and 4R is overlooking the lake. That is if the flats have units facing the lake. It should be quite the top pick amongst early selectees.

The only upside for Woodleigh MRT is it's a stop away from Serangoon MRT, which is the interchange between NEL and NSL. Otherwise nothing much.

It's also anybody's guess as to what the blue 3.5 commercial/residential plot would be in the future. 

The pricing as listed on HDB's website is appended above. It seems to be about 15-20% more expensive compared to the recent mature estate BTO at MacPherson Spring. I am not sure what commands this premium. Proximity to town maybe? Bidadari's Woodleigh MRT Station is 5 stops away from Dhoby Ghaut (via NEL) while MacPherson is 5 stops away from Bencoolen and 6 from Fort Canning (via DTL). You decide.

Cheerios.

Update: The income ceiling has been raised by HDB to $12,000 with effect from this BTO launch onwards. You are likely to see more applicants in the pool from now onwards. So what can you do? Nothing. Just pray harder.

Update 2: This BTO has been postponed till Nov 2015. Why? Probably to allay concerns that there are no more affordable homes per BTO exercise?

Update 3: Have included the pricing as listed on 17 Nov 2015 on HDB's website. 

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