Archive for the ‘Opinions’ Category

COVs: Does Mah Bow Tan know what he is talking about?
OPINION There is much debate recently if cash-over-valuation (COVs) are squeezing ordinary Singaporeans out of the resale market. With the prices of resale HDB flats hitting a record high in June 2009, sellers are capitalizing on the inflationary market by asking for ridiculously high COVs. A 30 year old 3-room flat at Toa Payoh...
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