You would probably have heard of HDB’s Build-To-Order (BTO) and resale flats. But did you know of the third option in the public housing market: Sale of Balance Flats (SBFs)? If you can’t afford to wait four to five years for a new BTO flat or pay for the ever-increasing HDB resale flat prices, another option is to purchase a flat via HDB’s SBF or under the new open booking system. HDB SBF launches happen twice a year - typically during May and November. The flats here are unsold units from previous BTO launches, surplus Selective En Bloc Redevelopment Scheme (SERS) replacement flats, and any flats repurchased by HDB. Any remaining unsold units after SBF will then be available under the HDB Open Booking system, with the next Open Booking scheduled to take place this September 2022. The latest May SBF exercise was launched on 27 May 2022, consisting of...