1 Answer

Jay Lim 林俊哲
Hello!

I have done a search for you. Your current flat have a remaining lease for 57 years (as of today), with the lease starting from 01 Oct 1980.

To share further, for older flats, I will always educate my clients on the potential lease decay affecting their HDB flat prices. On top of the recent cooling measures to control HDB prices, when the flat reaches a certain amount of lease left (e.g. 40 years), your potential buyers might have problems financing the purchase as there will be a cap of the type of financing they can use.

Feel free to reach out to me to understand more without any obligations. I believe in transparency in serving my clients.

Jay Lim
Associate Marketing Director
 +65 8885 6761  | jaylim.jz@gmail.com
The Mindful Space | https://themindful.space Read More
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