13 Feb '14, 9am

What is dwelling in the HDB sector? #Hdbproperty #hdbsellers #sellinghdb #COV

Feb 13, 2014 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share The days of COV (cash-over-valuation) are already coming to an end as incidents of CUV – cash-under-valuation transactions – become more common in all sectors of Singapore’s property resale market. Examples of property buyers having to pay as much as S$100,000 above valuation were fairly common until recently. Now the balance is shifting and there are increasing numbers of transactions involving sellers accepting offers below, and in some cases significantly below, the valuation price of their property. One Singapore real estate agent cited recent examples where sellers were willing to accept offers significantly less than the valuation price. One private property, valued at S$1.42 million, is likely to be transacted at S$1.25 million, the agent told PropertyGuru on condition of anonymity. Evan Ch...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

Welcome to the world of CUV (cash under valuati...

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Comment E-mail to friend Bookmark & Share The days of COV (cash over valuation) are already coming to an end as incidents ...

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