Hi Lim,
Do not expect the sky high COV like the past. Typically if COV for a 4 or 5 room HDB unit exceeds $40k, be prepared for the unit to be out in the market for sometime unless the renovation and condition is indeed nothing short of fantastic.
I just transacted a unit in Punggol near to Punggol Plaza for COV of $35k this afternoon and marketing period takes about 3 weeks.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile:
+65-81577565
Email: lim.geryl@yahoo.com.sg
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