New HDB Resale Rules – A Disaster in the Making?

[Confuseous]

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-rules-disaster-making-081053937.html

 

[tanwahtiu]

this man has the answer:

“They say people can think for themselves? Do you honestly believe that the chap who can’t pass primary six knows the consequence of his choice when he answers a question viscerally, on language, culture and religion? But we knew the consequences. We would starve, we would have race riots. We would disintegrate.”
- Lee Kuan Yew, The Man & His Ideas, 1997

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-rules-disaster-making-081053937.html

 

[zhihau]

always wondered what actually contributed to the bank valuation... awfully ridiculous amount of money for a "resale" HDB these days. less years left on the lease yet priced sky high... %!?€£}||!^

 

[Tuayapeh]

It all boils down to perceptions and impressions.....if you believe this country will be great and stay steady forever, then you have to invest in it.....but if you are caught up in the hyperbole and bullshit then its just a question of time......

 

[kaipoh]

Bro, you are a bit too late. In the late 70, you can have a flat and cash to buy your flat, example: you like this flat and willing to pay 50K only, you tell the seller in the sales & purchase agreement the purchase price is 80K, use the same lawyer to handle the sales process and hold sales proceed as stakeholder (if seller not agree no deal), when sales completed money go into lawyer client's account, the lawyer will split the proceed, seller 50K, buyer 30K. seller happy, lawyer happy, buyer very very happy!
Later, levy scheme induced, seller sell below market price (the revert) to avoid paying more levy & pocket more cash (levy is 20-25% of selling price).
Current COV scheme, 还是可以变把戲的, 找一个認識你的仲价can oredi. 遲些才告訴你,我要去銀行拿錢了!

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-rules-disaster-making-081053937.html