In his latest blog entry, Mr Khaw said when an application rate is about 2, which means two applicants for one unit, almost all applicants will get a chance to select. This is because not all who are asked to select do so.
For the January BTO, practically all first-timers got to select a flat. Even second-timers got an 84 per cent chance to select.
But when the application rate increased to 5 or 8, the chances fell significantly, especially for second-timers.
Mr Khaw said that the HDB is ramping up BTO launches to reduce the application rate, and hence raise the chances for applicants.