23 Aug '11, 3am

Estates with the highest, lowest COVs | Fit to Post Property - Yahoo! via @yahoosg

Estates with the highest, lowest COVs | Fit to Post Property - Yahoo! via @yahoosg

COV is a much discussed topic across different HDB estates. (iProperty) By Sheena Chua Following up on iProperty.com.sg's coverage on National Development Minister Khaw Boon Wan's comment that Cash Over Valuation (COV) cannot be abolished, here are the ten estates with the highest and lowest median COVs for the first half of 2011 based on statistics from property information website StreetSine. Top 5 Estates with the Highest COV Top 5 Highest COV (Source: StreetSine's Property Analytics) Bukit Timah comes in first place with a staggering $43,000 median COV. The consistently expensive district has commanded a cash premium $13,500 higher than that of the second highest estate in Singapore, Bishan. The high median COV of Bukit Timah is hardly surprising, and there may be a few contributing factors. One of which is this characteristic of the district, which has a population of...

Full article: http://sg.news.yahoo.com/blogs/property-blog/estates-high...

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