Cash-Over-Valuation
   HOME
*





Cash-Over-Valuation
Cash-Over-Valuation, or COV for short as it is commonly known in Singapore, was a prevalent feature in the resale market for HDB (Housing Development Board) flats in Singapore for years until it was reviewed on 10 March 2014."A Stable Housing Market, Better Homes for All"
HDB, retrieved 30 Oct 2015.
COV can be defined as the difference between the resale price and the market value of the flat (HDB) that is paid by the buyer upfront.

[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Housing Development Board
The Housing & Development Board (HDB) (; ms, Lembaga Perumahan dan Pembangunan; ta, வீடமைப்பு வளர்ச்சிக் கழகம்) or often referred to as the Housing Board, is a statutory board under the Ministry of National Development responsible for Singapore's public housing. Founded in 1960 as a result of efforts in the late 1950s to set up an authority to take over the Singapore Improvement Trust's (SIT) public housing responsibilities, the HDB focused on the construction of emergency housing and the resettlement of kampong residents into public housing in the first few years of its existence. This focus shifted from the late 1960s, with the HDB building flats with improved fittings and offering them for sale. From the 1970s, it initiated efforts to improve community cohesion in its estates and solicit resident feedback. In the 1990s and 2000s, the HDB introduced upgrading and redevelopment schemes for mature estates, as well as new ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Housing And Development Board
The Housing & Development Board (HDB) (; ms, Lembaga Perumahan dan Pembangunan; ta, வீடமைப்பு வளர்ச்சிக் கழகம்) or often referred to as the Housing Board, is a statutory board under the Ministry of National Development responsible for Singapore's public housing. Founded in 1960 as a result of efforts in the late 1950s to set up an authority to take over the Singapore Improvement Trust's (SIT) public housing responsibilities, the HDB focused on the construction of emergency housing and the resettlement of kampong residents into public housing in the first few years of its existence. This focus shifted from the late 1960s, with the HDB building flats with improved fittings and offering them for sale. From the 1970s, it initiated efforts to improve community cohesion in its estates and solicit resident feedback. In the 1990s and 2000s, the HDB introduced upgrading and redevelopment schemes for mature estates, as well as new ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


New Towns Of Singapore
The new towns of Singapore are planned communities located across Singapore that are designed to be self contained. Designed to house up to 300,000 residents, these new towns contain areas zoned for housing, recreation and employment, and are composed of multiple neighbourhoods, each of which is further subdivided into multiple precincts. Amenities in these new towns are provided through a multi-tiered system, and based on Housing and Development Board (HDB) guidelines. As of 2022, the country has 24 new towns. New towns were first constructed in Singapore in the 1950s by the Singapore Improvement Trust (SIT), similar to British planning concepts and at low densities. Subsequently, after the HDB took over public housing development in the 1960s, the densities of new towns were increased and more amenities were included, and the HDB's first new town, Toa Payoh, contained industrial areas and a town centre with amenities. From the 1970s, new towns were built further from the city ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Public Housing In Singapore
Public housing in Singapore is subsidised, built and managed by the Government of Singapore. Starting in the 1930s, the country's first public housing was built by the Singapore Improvement Trust (SIT) in a similar fashion to contemporaneous British public housing projects, and housing for the resettlement of squatters was built from the late 1950s. In the 1960s, under the SIT's successor the Housing and Development Board (HDB), public housing consisting of small units with basic amenities was constructed as quickly and cheaply as possible at high densities, and was used for resettlement schemes. From the late 1960s, housing programmes focused more on quality, public housing was built in new towns, and a scheme allowing residents to lease their flats was introduced. Throughout the 1970s and 1980s, more public housing options were provided for the middle class and efforts to increase community cohesion within housing estates were made. From the 1990s, the government began portra ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Public Housing Precincts In Singapore
Public housing in Singapore is subsidised, built and managed by the Government of Singapore. Starting in the 1930s, the country's first public housing was built by the Singapore Improvement Trust (SIT) in a similar fashion to contemporaneous British public housing projects, and housing for the resettlement of squatters was built from the late 1950s. In the 1960s, under the SIT's successor the Housing and Development Board (HDB), public housing consisting of small units with basic amenities was constructed as quickly and cheaply as possible at high densities, and was used for resettlement schemes. From the late 1960s, housing programmes focused more on quality, public housing was built in new towns, and a scheme allowing residents to lease their flats was introduced. Throughout the 1970s and 1980s, more public housing options were provided for the middle class and efforts to increase community cohesion within housing estates were made. From the 1990s, the government began portra ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Executive Condominium
Public housing in Singapore is subsidised, built and managed by the Government of Singapore. Starting in the 1930s, the country's first public housing was built by the Singapore Improvement Trust (SIT) in a similar fashion to contemporaneous British public housing projects, and housing for the resettlement of squatters was built from the late 1950s. In the 1960s, under the SIT's successor the Housing and Development Board (HDB), public housing consisting of small units with basic amenities was constructed as quickly and cheaply as possible at high densities, and was used for resettlement schemes. From the late 1960s, housing programmes focused more on quality, public housing was built in new towns, and a scheme allowing residents to lease their flats was introduced. Throughout the 1970s and 1980s, more public housing options were provided for the middle class and efforts to increase community cohesion within housing estates were made. From the 1990s, the government began portra ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Housing And Urban Development Company (HUDC) Flats
Public housing in Singapore is subsidised, built and managed by the Government of Singapore. Starting in the 1930s, the country's first public housing was built by the Singapore Improvement Trust (SIT) in a similar fashion to contemporaneous British public housing projects, and housing for the resettlement of squatters was built from the late 1950s. In the 1960s, under the SIT's successor the Housing and Development Board (HDB), public housing consisting of small units with basic amenities was constructed as quickly and cheaply as possible at high densities, and was used for resettlement schemes. From the late 1960s, housing programmes focused more on quality, public housing was built in new towns, and a scheme allowing residents to lease their flats was introduced. Throughout the 1970s and 1980s, more public housing options were provided for the middle class and efforts to increase community cohesion within housing estates were made. From the 1990s, the government began portra ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]