This is a discussion on Less cash upfront (COV) for HDB flats... within the HDB, DBSS, Executive Condominium Discussion forum, part of the Home Planning Forum category; Less cash upfront for flats " THE Housing Board (HDB) has released fresh figures that show the bulk of resale ...
Less cash upfront for flats
"THE Housing Board (HDB) has released fresh figures that show the bulk of resale flat sales - about seven in 10 - in the past six months were done with less than $30,000 cash upfront needed.
More than half, or 54 per cent, of home buyers paid less than $25,000 cash upfront for their resale homes.
And about 40 per cent of flats sold in the September to March period were transacted with cash-over-valuations (COV) of below $20,000..."