The government recently introduced a new scheme for Singapore citizens applying for HDB flats. Known as the Re-offer of Balance Flats (‘ROF’), it pools all unsold flats after a Sale of Balance Flats (‘SBF’) exercise. Heartland Boy thought this was a very interesting scheme. The public seemed to agree too as more than 5,500 applications were received for the 1,394 flats that were available. Here is Heartland Boy’s review of the ROF scheme and how aspiring home-owners can benefit from HDB Re-Offer Of Balance Flats.

What Is The Re-offer Of Balance Flats?

According to HDB, the Re-offer of Balance Flats is a sales exercise conducted twice yearly, in February and August. The ROF sales exercise will pool all flats that remain unsold after a Sales of Balance exercise. Since the SBF exercise is also conducted twice yearly in May and November, the upcoming February 2018 ROF exercise shall absorb all …