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Changes in the Re-Offer of Balance Flats Scheme (ROF)

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As Singapore’s first one-stop property solution that offers a free DIY platform as well as fixed-fee agent services, we have received many questions from our clients and friends over the years regarding housing policy changes and property tips to help them navigate their home transaction journey. This led us to start our very own Facebook Live series that covers everything from policy rule changes to property selling tips in a fun and engaging way. Thus, Property with D & Z and J & J (Mandarin format) was born!

In this episode of Property with D & Z, Ohmyhome’s Senior Real Estate Consultants Douglas Quah and Zen Lim take viewers through the changes in the Re-Offer of Balance Flats Scheme (ROF) and showed how it is an even faster way for buyers to get their hands on the previously elusive balance flat.

D & Z explained how buyers can now book an unselected flat from the ROF pool at anytime of the year as compared to the past where buyers need to wait one week to find out their application results. They also answered questions from viewers which was:

  1. What is the application process for unselected flat from ROF?
  2. Are there any tradeoffs that we can expect? What are those?
  3. Who will benefit the most from the ROF scheme?
  4. Is there an levy involved for ROF?

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