How to Deter Speculation in HDB Resale Flats?
Prices of HDB Resale flats shot up by 20% in year 2009. Prices of HDB Resale Flats continued to rise, with the median Cash Over Valuation (COV) climbing to over S$24,000. Minister Mah Bow Tan also expressed concerns about the possible speculation of HDB flats.
What can be done to deter Speculation in HDB Resale Flats? Are there any loopholes being exploited by investors currently?
These and more questions were asked and discussed on Channel 8’s早安您好! Dennis Ng, co-founder of www.HousingLoanSG.com was invited to share his comments with TV audience.
Here’s Part 1 and Part 2 of the discussion on TV.
Part 1:
Part 2: