With a slew of policy tweaks over the past decade, the property market in 2022 is almost unrecognisable to those who bought in 2012 or earlier. One common gripe we hear is that long-term plans, laid out over 10 or 15 years, have now been derailed by factors such as ABSD and TDSR. Whether you're returning to the property market.
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It has been a while since many of us last heard of Cash Over Valuation, but in 2021, COV has returned for a rousing encore. Cash Over Valuation, colloquially known as COV, is now back under the spotlight, especially after HDB resale prices rose for the ninth straight month. What exactly is COV? And why is it happening now? For.
April 29, 2021
Stackedhomes
The Circuit Breaker seems to have had the strange effect of slowing Covid-19, and accelerating property sales.
We like to think the trauma of being stuck at home for so long has made everyone realise they really need their own place (either that or expensive therapy, should another lockdown be needed) – whether or not there’s any way to prove that.
In any case, anyone hoping for cheaper homes due to Covid-19 fall out can probably throw in the towel.
Both public and private housing sectors are booming:
What’s happened to the property market in Q1 2021?
URA flash estimates previously put new condo prices at an increase of 2.9 per cent, for Q1. As it turns out, the actual increase was 3.3 per cent for Q1.
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