Overall HDB COV $20,000 in July; lowest since January 2011

SINGAPORE - Overall HDB COV, or cash premiums over a flat's valuation, has also dropped 43 per cent in the half a year since it peaked at $35,000 in January 2013. Overall HDB resale prices also dropped for the third consecutive month, slipping 0.5 per cent.

Get the full story from The Straits Times.