This is a discussion on COV is madness within the HDB, DBSS, Executive Condominium Discussion forum, part of the Home Planning Forum category; Punggol houses all asking high cov. Reason: mostly nicely Reno & move in condition!...
Punggol houses all asking high cov.
Reason: mostly nicely Reno & move in condition!
Channel NewsAsia - HDB resale prices hit record high again rising by 4.1% in Q2 - channelnewsasia.com
"SINGAPORE: DB resale flat prices have hit record highs again. Prices rose by 4.1 per cent in the second quarter of 2010 compared with the previous quarter. This makes it the fifth straight quarter of increase.
According to the latest data from HDB, the median COV is now some S$30,000 for all resale transactions. But market watchers said the market could be reaching a threshold soon..."
This is like so.... LAST quarter....
reaching threshold??? ya right....
it is gonna drop soon.
im also looking for a resale flat...gonna give up on the BTO applications which is really a waste of time n $...you have any agent to recommend?
I agree with all of you. COV is madness!! We just got our HLE letter stating we can get loan upto 500.000 so we started to look for agents to help us in buying our very 1st flat! When we told the agent our COV is not more than 20k-25k, he said its not enough! I was like "wht the hell"... Our cpf is about 10k. And thats not includin my hubby cpf! He just got his PR so no cpf!
And also need to pay agent or not we are not sure!!! Buying a flat is a big HEADACHE!!!
Any advice for me?
I want near book keng - sengkang area. Near Amenities. Mid floor/corner unit. Simple and well reno. Dnt have to be expert.. is my budget ok?? Or too little??? Any good nice agents to refer me???
For those of you who is short of cash, have you thought of balloting Sales of Balance Flats system? Buying direct from HDB itself, you pay zero COV.
Just checked yesterday for Sales of Balance flats, all is booked already.