https://www.youtube.com/watch?v=NyM2dTSieTk
Singapore’s Public Housing Revealed: The Secrets Behind BTO Balloting | Ep 4
Singapore may boast one of the highest rates of homeownership in the world. But it is a complex balloting system through which most people get their public housing flats. We demystify this closely guarded process, and answer the question, can supply ever catch up with demand?
00:00 Why is it so hard to get a BTO flat? 01:36 How BTO balloting used to work 02:52 How does BTO balloting work today? 09:23 Why can’t I get my flat? 10:11 How the BTO balloting system came to be 15:11 Housing allocation systems over the years 16:14 Will supply ever catch up to demand? 17:22 Why can’t singles have more access to flats? 19:15 Planning public housing for the future
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from CNA