Single guy never gave up on someday owning his own HDB BTO flat

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'Honestly, I expected to ballot 20 more times at least, because from what I've heard from other singles who are older than me, they only started seeing success in their 40s,' Loo share with Yahoo Finance Singapore. trueHDBstories

In Loo's case, his ballot number was in the 800 range – there were more than 1,100 2-room flats available during the November 2022 Yishun BTO launch. He had hoped to secure a unit on the higher floors to avoid insects but acknowledged that he was not in much of a position to choose given his ballot number. In the end, Loo secured a unit on the ninth floor although he would have preferred a unit on a higher floor which he said came with a better view.

"That's just how it is. We have to share the living space," said Loo. "I'm so old already, yet I still have to stay with my family. Lucky for me, they are understanding, and they are okay with me staying till I get my own place. That's the only option that makes financial sense." "For some of the launches, I felt limited by the location choices, so I didn't bid," Loo recalled. "I guess it's supply and demand. Relocate if you want to get a flat."On whether he thinks the public housing policies in Singapore are fair towards singles like him, Loo said that he understands why they have been oriented that way. "I understand why the government does it. Fair or not fair, I am just an individual," he said.

 

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