What is the cash on value the seller received?

To determine the Cash Over Valuation (COV) that a seller received for an HDB resale flat, you need to know two key pieces of information:

1. The agreed sale price of the flat.
2. The actual valuation of the flat as determined by HDB.

The COV is the difference between these two amounts. Here’s a simple example to illustrate this:

- If the agreed sale price of the HDB resale flat is $550,000.
- And the actual valuation by HDB is $520,000.

The COV would be $30,000, which is the amount the buyer has to pay in cash because it is the difference between the sale price and the valuation.

To find out the COV for a specific transaction, you would need to look at the sale price and the HDB valuation for that particular flat. You can check past resale transactions on EdgeProp Singapore to get an idea of how COV is calculated and what typical COV amounts might be for similar properties in the area.