4 factors that affect COV for HDB resale flats
$180,000 x 1%=$1,800Total BSD amount: $1,800 + $3,600 + $5,100=$10,500Now you know: the actual COV amount cannot be determined until a buyer and seller agree on a purchase price, it cannot be covered by home loans and CPF, and it is considered for stamp duty.
Apartments that are near MRT stations or have many bus routes are attractive prospects. The same goes for apartments that are near the CBD or city centre.Everyone loves convenience. An apartment in a location that boasts many facilities nearby such as supermarkets, food courts, and sports centres can command a higher price. Parents with young children may also be willing to pay a premium for locations with good schools in the vicinity.
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