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Hi Gurus,

Last week we went for Open House , HDB 5 room flat , Jurong East .

The Valuation is 485 K and COV as 65 K.

so high .... and my budget is 10 to 15 K cov :-(

why the valuations and COV are so High this year ?

what are the reasons ?

my collegues and friends asking me to wait till the market cool down.

is that possible ? or go ahead and Buy now .

pls assist .

Thanks ,
Rann
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2 Answers

Ken Tan
Replied
Hi Rann,

The COV and valuation are dependent on the region and locality that you are looking for.
For example, units in Woodlands will have a lower COV as compared to units in punggol.

Basically, if you can wait..
you can keep a close eye on new listings and i am sure that you will be lucky enough to get a unit at low price. For eg, there was a unit at tampines, low floor, 15 mins from MRT sold at value, sold on Tuesday night.

This will require a lot of chance and effort.

Good luck.

Ken Tan
 96461490 
ken_tankw@yahoo.com.sg Read More
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Catherine PANG
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engage an agent to hep you... show you all the units, calculate financial plans..banker, 9680 4288 

www.catherinepang.com Read More
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