Observed data, not a forecast

HDB lease decay and resale prices

Calculate approximate lease runway and compare observed transaction bands—without pretending lease is the only factor behind price.

Lease commencement year

Reference year

Lease runway

68 years

Approximate expiry: 2094. Check the exact lease record before relying on this.

Observed band: 60–69 years

Band median · 36 monthsS$608kAll towns and flat types

Band median per sqm$5,79813,952 registered sales

This is not a lease-decay valuation curve. Town, flat type, model and floor area differ between bands, so the observed price gap is not caused by lease alone.

36-month evidence

Observed prices by remaining lease

National medians combine towns, flat types and models. They are context, not a causal estimate.

Remaining lease	Median price	Median per sqm	Transactions
90+ years	$668,000	$7,366	17,140
80–89 years	$675,000	$7,584	9,399
70–79 years	$629,000	$5,782	16,247
60–69 years	$608,000	$5,798	13,952
50–59 years	$478,000	$5,932	15,811
Under 50 years	$377,000	$5,857	4,139

Why there is no automatic depreciation percentage

A shorter lease can affect eligibility, financing and buyer demand, but transaction prices also reflect location, flat type, condition, storey and supply. Comparing broad lease bands cannot isolate lease as the cause.

For a specific flat, inspect the exact block and similar transactions with comparable remaining lease. Policy and financing rules can change; verify current requirements with HDB, CPF and your lender.