5 Things about Cash Over Valuation for HDB Flats

The Latest rules by HDB is going to change the way HDB sales are going to be handled. There will be some unhappiness during the teething stage of this new policy, but it is what it is trying to eradicate is the COV for flats. Given that there always be a premium for flats that are nearer amenities, MRT and certain schools, those that are nearer to the city will also command a premium. It is understandable and expected. Again it is always willing buyer willing seller.

But for sure, this has a major impact on the HDB Resale Market. If you are now feeling a little distressed because of this, and need further understanding of how this impacts you, feel free to contact us at 82884499, my team and I will be there to elaborate.

 

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