COVs at lowest level in nearly a year; experts attribute slowdown to cooling measures

COVs at lowest level in nearly a year; experts attribute slowdown to cooling measures
PHOTO: COVs at lowest level in nearly a year; experts attribute slowdown to cooling measures

The overall median cash paid above a flat's valuation (COV) has gone down from $35,000 in January to $27,000 in the first three weeks of May, according to preliminary data from the Singapore Real Estate Exchange (SRX).


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