Median cash-over-valuations for HDB resale units up 15% in 4Q

Check out median COVs across towns.

3-month SIBOR remained at 0.38%, marking another year of low interest rates.

CIMB notes that while bank margins appear to have inched up by 5-10p, mortgage rates remain in the 1.1-1.2% range.

Median cash-over-valuations for HDB resale units meanwhile has gone up by another 15% in 4Q12 to reach c.S$35,000 on average, fuelling
upgrader demand for private property.

"Prolonged low interest rates are likely to continue supporting prices and volumes, but we expect some moderation in investment demand following higher additional buyers’ stamp duty and tighter loan-to-value measures that will increase equity outlay by 15-20% or S$150k-200k on a S$1m property, for any citizen or PR buying a second property and who has an outstanding housing loan."

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.