We’re seeing a resale flat revolution. As of Q3, resale prices are rising at their fastest pace since around 2012, and transaction volumes are at a 10-year high. We have a more detailed discussion of this in our previous article. Now, our guys on the ground have commented that they have been seeing higher Cash Over Valuation (COV) as of recent times. More specifically, even in further out regions, such as Yishun and Woodlands, we are seeing more people willing to pay this. As a quick recap, back in the day, the valuation was done before the OTP was signed, so people could negotiate the COV. Today, the valuation is done only after the OTP is signed. Given the slow market for years, prices have never really gone far beyond the valuation, but given the recent exuberance, we’re now observing more of this. If you’re thinking of getting a resale flat soon – or selling yours –  here’s what you should know about it:...