Thank you all for the detailed replies. I did view more than 15 flats with different agents in the same area and considered their prices, locations, and conditions, and finally fixed on this one. The price for this one, as compared to other flats I viewed, is reasonable, especially with its conditions. That's how I made my decision on signing the OTP. However, today I just heard that the resale price listed by HDB _includes_ the COV. That's why I feel paying too much. With your comments, I can see: 1. The listed resale prices might be manipulated. 2. Latest prices might not be reflected in the HDB list. 3. No one said I'm paying too much. Now I feel much better =) Thanks again!