The housing market in Singapore is slowly inching towards becoming a “buyer’s market” as the cash over valuation (COV), the cash demanded by resale flat sellers, falls to 10 percent in the period from July to September this year. In a survey conducted by three leading property agencies on 20 Housing Development Board (HDB) towns in the island state revealed that the Bukit Timah area has seen the biggest drop in COV figures, falling by 32 percent. Read full story here.
URL: http://business.asiaone.com/Business/My%2BMoney/Property/Story/A1Story20101219-253518.html
Tags: Singapore property, Singapore property market, HDB Singapore, Singapore apartments
