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#1
19-05-2014, 10:00 PM
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New HDB Resale Rules – A Disaster in the Making?
An honorable member of the Coffee Shop Has Just Posted the Following:
What is the impact of such a measure? Cash-over-valuation was previously criticized as it gave the impression that the valuations of HDB flats were “micro-managed”. For example, how could the valuation be correct if the Cash Over Valuation (COV) is consistently different from that of the official valuation by a large margin and for an extended period of time? Would it not make sense for the valuation to eventually catch up based on large COV premiums or discounts? If the valuation did not catch up, would it not give the impression that the valuations are somehow managed? But if it was managed, by who? So the question is: Would it not What is the impact of such a measure? Cash-over-valuation was previously criticized as it gave the impression that the valuations of HDB flats were “micro-managed”. For example, how could the valuation be correct if the Cash Over Valuation (COV) is consistently different from that of the official valuation by a large margin and for an extended period of time? Would it not make sense for the valuation to eventually catch up based on large COV premiums or discounts? If the valuation did not catch up, would it not give the impression that the valuations are somehow managed? But if it was managed, by who? So the question is: Would it not What is the impact of such a measure? Cash-over-valuation was previously criticized as it gave the impression that the valuations of HDB flats were “micro-managed”. For example, how could the valuation be correct if the Cash Over Valuation (COV) is consistently different from that of the official valuation by a large margin and for an extended period of time? Would it not make sense for the valuation to eventually catch up based on large COV premiums or discounts? If the valuation did not catch up, would it not give the impression that the valuations are somehow managed? But if it was managed, by who? So the question is: Would it not https://sg.news.yahoo.com/hdb-resale...081053937.html Click here to view the whole thread at www.sammyboy.com. 
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