Good-value HDB

Based on COV (Cash-Over-Value), property agents pick out Queenstown, Marine Parade, Clementi & Bukit Merah as some towns where flats may be overpriced, many are old districts (aged 20 years or more).

Good buys can be found in more low-key towns surrounded by amenities, such as Woodlands, Jurong West, Choa Chu Kang and Pasir Ris.

Agents expect the climb of resale flat prices islandwise to slow over the next 12 months, after the heady rise in the 3rd quarter. The rentals of HDB flats, meanwhile, is still expected to grow over the next year, as more foreigners take up residence in Singapore and find private homes too expensive to live in.

---- abstracted from The Sunday Times Property Buying Guide.