This is a proposal to HDB to revert back to the queue system instead of the current balloting system for the sale of flats.
Current balloting system has been a source of consternation among buyers for the lack of transparency and unpredictability. There are many cases where applicants were not successful even after many attempts. Having more chances is negated as balloting is still dependent on the luck factor.
QUEUE NUMBER SYSTEM
1. To kick start the queue system again, interested parties will have to register with HDB within a stipulated period of time for the initial phase of queue number allocation.
2. After the cut off date of the initial phase, all registrants will be put to a ballot where a queue number will be permanently assigned to them.
3. Those who registered after the initial phase will be assigned a permanent queue number based on the first come first serve basis.
4. Registrants with a queue numbers can opt to participate in any future sales launch where priority is given based on the queue number.
5. Registrant who do not participate in a sales launch will automatically move up the priority list for the next launch, based on his queue number.
6. Queue number can be revoked if chances to book a unit are not accepted.
7. Those who had their queue number revoked will need to register for a new queue number and join at the back of the queue.
1. When there is a sales launch, all applicants with a queue number can register their interest within a stipulated period of time.
2. After the registration cut off date, HDB will publish the list of applicants who registered in order of their queue number and demarcate those who has 100% chances of getting a unit (based on number of available unit) and those who do not.
Available number of unit - 10
Registered applicants (in order of queue number) - 1, 3,4,5,6,8,10,11,12,15,16,17,19
Group A (applicants with 100% chances) - 1,3,4,5,6,8,10,11,12,15
Group B (applicants on waiting list) - 16,17,19
3. Applicants in Group A can choose their unit and priority will be given based on their queue number.
4. Applicants in Group A who do not book a unit at the end of the exercise will have his queue number revoked.
5. Once the list has been published and registered applicants informed accordingly of their grouping, another stipulated period of time will be given to those in Group A to book a unit.
6. Number of applicants to be placed in Group B can be fined tuned based on statistics.
7. Applicants in Group B has to the choice to opt out of this exercise at this point of time and still retain their their queue number.
1. Selection process will continue as it is now
2. Any applicant who choose not to select a unit after he have accepted the offer to select will have his queue number
3. Available flat can then be offered to those on the waiting list.