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COV for HDB resale flats hits four-year low

But overall prices up 0.2% in Sept, Real Estate Exchange flash figures show

CASH-OVER-VALUATION (COV) for resale flats extended their decline last month, shedding another $3,000 to hit $15,000 - the lowest level since July 2009, according to flash estimates released by the Singapore Real Estate Exchange yesterday.

Despite this, overall resale public-housing...