HDB sold for more than $1m
Sept, 23 units
Oct, 20 units

2021 prices already above 2013 peak

Look like HDB lost control when they remove COV.

Before they remove COV all HDB need to do valuation before they are on the market.

So buyer and Seller know how to price the unit.

Some very smart people think removing it will lower the price.

They forget once they remove it market pricing take over.

When they stop the COV and only let some unit which need to do valuation they lost the sense of the market.

HDB staff cannot think, they only good in following instruction.