Allowing the work permit holders to stay in HDB is also driving up the demand? Pple who had the ability to upgrade to private property and hold the flat will renting them out instead. Having had my experience in balloting last sept, I will say the current ballot system is really based on pure luck.
Had 2 other buddies also applying for a BTO in the west last sept. Buddy A was a veteran of BTOs, that was like his 6th or 7th BTO. Each previous attempt, he did not even get to choose the leftovers. His Q no. was like at least 2 or 3 times the no. of units available.
That sept 08 attempt, he had like 6 0r 7 chances. Buddy B and myself had 4. As we are 1st timers, and the BTO was within 2km of our parents. Both of us got 4 chances.
No. of units available, 284. Buddy A's Q number was like 600++. Buddy B & myself got Q no. of less than 50. Pure luck.
Buddy A went on for further BTOs with same fate. And he even dun mind taking up Ponggol BTO, although its nowhere near either parents.