Asked by Ran
Hi Gurus
Due to the bumper supply and cooling measures, it is not surprise to see recent reports of slow resale transactions, and fallinf COV
However recent checks with agents still show upbeat 50k and some 110k COV!
Why is this still happening? Is it due to higher expectations on future prices?
It doesn;t take a rocket scientist to figure, I for 1 would rather pay a bit more for private than to be held ransom to such unrealistic high COV. It is still a HDB afterall.
Not to mention that the income to housing valuation has widen considerably.
Due to the bumper supply and cooling measures, it is not surprise to see recent reports of slow resale transactions, and fallinf COV
However recent checks with agents still show upbeat 50k and some 110k COV!
Why is this still happening? Is it due to higher expectations on future prices?
It doesn;t take a rocket scientist to figure, I for 1 would rather pay a bit more for private than to be held ransom to such unrealistic high COV. It is still a HDB afterall.
Not to mention that the income to housing valuation has widen considerably.
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