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With this whole saga on the lady that applied 13 times the BTO and getting outed by HDB, I just want to point out my family was also a victim of HDB's bs. Don't wanna get outed so not sharing but basically on their point on why no one wanna take SBF, SBF is more expensive than BTO. More ex, for the same freaking flat that was built and launched and people paid for 5 years ago during initial exercise. See if 400k is pre BTO price, and now that it's built and immediately ready its 20% more, why would I take a smaller, more expensive flat plus give up their first-time BTO rights vs getting resale? If there is no markup from BTO prices more people will take for sure. Anyway why is it more expensive?? Isn't HDB just trying to profit from citizens? Don't give me that percieved value, land value doing up BS, that's none of our business. And a % of the SBF flats are from ppl breaking up and forfieting downpayments, that definitely covers the cost of building to some extent so how dare you mark up some more. Explain the economics before you accuse people of wanting to flip housing. The main flipper is YOU! The government! You cannot tell me our housing prices are justified. Not every young person is working in tech making 10k salaries and a DINK couple. We have NORMAL families NORMAL people making 8k combined income with kids. How can they justify a 300k mortgage, let alone 400k, while raising kids properly with the additional resources required to set them up in our competitive environment? There are a lot of SBF bc HDB's rules are stupidly strict and not everyone qualifies. It's not because people want to be picky, the reality is also very much we don't have a choice in that matter. Put the SBF flats in open market, see who are the takers. Then you will see the disparity between how wealth affects personal choices.