So the Astrea V balloting results are out and they’re pretty interesting.

This is Astrea V:

The Issuer received nearly S$820 million in valid applications as at the close of offer, 12 noon yesterday, from a total of 30,816 applicants. This equals 4.5 times subscribed.

By contrast, Astrea IV was:

The Issuer received nearly S$890 million in valid applications as at close of offer by noon
yesterday. This equals 7.4 times subscribed.

So both Astrea V and Astrea IV received roughly the same number of applications, but becuase Astrea V has a much larger offering size, it was less oversubscribed. Which is pretty amusing because it seems like everyone who applied for Astrea IV, probably came out