Search
Keywords
Latest topics
Who is online?
In total there are 2 users online :: 0 Registered, 0 Hidden and 2 Guests None
Most users ever online was 181 on Mon Apr 12, 2021 10:09 am
Flat sellers grow desperate and slash COV to zero
Page 1 of 1
Flat sellers grow desperate and slash COV to zero
[You must be registered and logged in to see this image.]
Following the major changes introduced by the Government last Tuesday in a bid to stabilise the property market here, sellers are reducing their asking cash over valuation (COV).
Some sellers are panicking, five property agents said.
Agents specialising in HDB flats said they have seen COVs plummet by up to $60,000 over the past few months and they expect the numbers to dip some more.
Property agent Raymond Eu said some sellers are so desperate for "whatever they can get" that they are even agreeing to sell their flats at zero COV.
Read the full report in The New Paper on Sept 2 (Monday).
[You must be registered and logged in to see this link.]
Following the major changes introduced by the Government last Tuesday in a bid to stabilise the property market here, sellers are reducing their asking cash over valuation (COV).
Some sellers are panicking, five property agents said.
Agents specialising in HDB flats said they have seen COVs plummet by up to $60,000 over the past few months and they expect the numbers to dip some more.
Property agent Raymond Eu said some sellers are so desperate for "whatever they can get" that they are even agreeing to sell their flats at zero COV.
Read the full report in The New Paper on Sept 2 (Monday).
[You must be registered and logged in to see this link.]
Darkmen- ironmen
- Posts : 420
Join date : 2013-08-24
Similar topics
» Man arrested after five-hour standoff with police at Chai Chee flat
» Napoleon Hill - Think And Grow Rich - ORIGINAL Full Length
» Napoleon Hill - Think And Grow Rich - ORIGINAL Full Length
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Sun Dec 15, 2013 2:37 am by makimwa
» Interesting GIF
Sat Nov 09, 2013 1:28 pm by Hello我猜我猜我猜猜猜!
» come join us for badminton game at bt gombak sports hall.
Thu Oct 31, 2013 8:56 am by roni here
» CLIMATE CHANGE: IPCC ISSUES STARK WARNING OVER GLOBAL WARMING
Sun Sep 22, 2013 3:14 pm by Darkmen
» HOMELESS IN SINGAPORE’S ISLAND PARADISE
Sun Sep 22, 2013 3:12 pm by Darkmen
» JEM ACCIDENT IS DUE TO POOR QUALITY FT NOT TIGHTENING OF FT POLICY!
Sun Sep 22, 2013 10:53 am by Darkmen
» Imagine a life without the PAP
Sun Sep 22, 2013 4:49 am by Darkmen
» WHAT AN OPPOSITION MEMBER SHOULD DO AND SAY TO WIN SWING VOTERS OVER
Sun Sep 22, 2013 4:23 am by Darkmen
» PAP half-heartedly cleaning up the mess they started?
Sat Sep 21, 2013 6:01 pm by Darkmen