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Cash upfront for HDB resale flats doubles in a month
THE amount of cash needed upfront to buy an HDB flat resale roughly doubled last month as the exuberant sentiment in the private homes market spilled over into public housing. Three property agencies...
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Flat-hunters feeling COV pinch
HDB flat buyers need to have cash in hand as cash-over-valuation premiums soar because of strong demand and low supply. Sky-high prices The headline-grabbing COV sums started to be noticed only during...
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Minister: Bridging loans will increase flat prices
Loans to help buyers pay cash-over-valuation? ARE HDB resale prices rising too quickly, a situation worsened by exorbitant cash-over-valuation (COV) requests? That is the hot topic among many...
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Married, but no place of their own
Mr Jayce Ng and his wife Jacelyn, both 30, live in separate homes as they wait for an affordable flat. — ST PHOTO: ALPHONSUS CHERN Each time after a movie or dinner date, married couple Jayce Ng and...
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Are homes affordable?
About a year ago, in a special report, I waded into the debate over the affordability of public flats. The prices of Pinnacle@Duxton’s five-room units, which hit $645,000, sparked the debate on the...
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COV shoots up to $12,000
HDB resale market hits new marks Be ready to cough up even more hard cash if you are planning to buy a resale HDB flat any time soon, say analysts as the bouyant public residential market – in parallel...
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Resale flat prices increase, but COV premiums drop 9% in Q1
The price of resale flats went up in the first quarter of 2011, but Cash-Over-Valuation premiums fell to S$21,000 – a 9 per cent drop from the previous quarter, according to data from the HDB....
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COV down 9% in Q1
HDB resale prices went up in the first quarter of this year, but Cash-Over-Valuation (COV) premiums fell during the same period. COV premiums for HDB resale flats dropped 9 per cent, or a S$2,000...
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Largest-ever BTO launch
The HDB is offering homebuyers close to 4,000 new flats in six Build-to-Order (BTO) projects launched on Friday – the largest supply of BTO flats in a single launch. It surpasses the 3,185 BTO flats...
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Analysts expect COVs and private home prices to fall gradually
The flurry of housing announcements in recent days has increased optimism among home-seekers, especially those who have been unsuccessful in their house-hunting efforts. Property analysts who spoke to...
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HDB’s Q2 Resale Price Index up 1.3%
The Housing and Development Board’s (HDB) Resale Price Index (RPI) in the second quarter of this year is 194, an increase of 1.3 per cent over the previous quarter when it was 191.6. According to data...
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HDB, private resale markets continue decline
The resale property market remained lacklustre last month with fewer transactions in both the Housing and Development Board (HDB) and private segments, indicating the latest round of cooling measures...
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Calls for COVs to be scrapped during dialogue on housing
Some participants at the latest “Our Singapore Conversation” dialogue session on housing have called for the Cash-Over-Valuation component of HDB resale flats to be scrapped. It was suggested that such...
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HDB resale prices up 0.5% on-quarter in Q2
Prices of private homes and Housing and Development Board (HDB) resale flats hit a new all-time high in the second quarter of the year. According to flash estimates from the Urban Redevelopment...
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Resale prices of non-landed private residential units up 1.8 per cent in...
Resale prices of non-landed private residential units showed an overall increase of 1.8 per cent in June 2013. This is according to a flash report by the Singapore Real Estate Exchange (SRX). An...
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COV falls to lowest in about a year
The overall cash premium or Cash-Over-Valuation (COV) for HDB resale flats has fallen to its lowest in about a year. This is according to flash estimates by the Singapore Real Estate Exchange (SRX)....
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Forget COV, welcome to CUV
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....
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Striking a precious housing balance
FEWER applicants for new flats and five consecutive quarters of resale price falls have seen the Housing Board market going off the boil. The operative word is “going”, denoting an incomplete market...
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Thinking outside the shoebox
Is Singapore going towards the Hong Kong way of living? I am at the point in my life where I am trying to think outside the shoebox. Yes, I am at the crossroads deciding between buying a resale public...
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Lower COVs driving demand for resale flats
After falling more than 20 percent in Q1 of this year, cash-over-valuation (COV) figures for resale HDB flats seem to be stabilising and luring buyers back into the market, according to experts. In Q2,...
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