HDB COV for August sinks to 4 year low - The Asian Commercial Sex Scene

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HDB COV for August sinks to 4 year low

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09-09-2013, 11:30 AM

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HDB COV for August sinks to 4 year low

An honorable member of the Coffee Shop Has Just Posted the Following:

RESIDENTIAL PROPERTY | Staff Reporter,
Singapore Published:
43 sec ago
valuation hit 4-year low

It dropped to $18,000.

According to SRX, overall HDB Cash-Over-Valuation (COV) dropped $2,000 in Aug to reach $18,000 - the lowest since Jul 2009, when the overall COV was $10,000.

The lowest COV by region is in Punggol HDB Executives where 2 out of a total of 3 transactions last month were sold below valuation. The median COV was -$13,000. On the flip side, the highest COV is seen in Bishan HDB Executives where the median COV was $120,000.

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