The Housing and Development Board said on Monday that its latest Build-To-Order (BTO) project, Yishun Riverwalk, received a total of 3,225 applications for the 1,408-unit development. Observers said demand was not as overwhelming since the new housing measures to cool the property market kicked in. Property agents said they expect cash-over-valuation (COV) to fall by 20 to 25 per cent this year. So some...
