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Hi, appreciate your sharing over PropertyGuru, yes possible for negative sale in the event if the CPF OA and interest outgrow the property pricing.
Looking forward to assist you at WhatsApp +65 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart
PropNex Senior Associate Division Director Read More

Hi

When the balance lease goes to zero, the property and the land that it sits on reverts to the State, so in theory the property value goes to zero, from the homeowner's perspective.

But in practice we haven't really seen much examples except for the private terrace houses at Geylang

https://www.straitstimes.com/singapore/all-191-units-at-geylang-lorong-3-vacated-sla

So I guess nobody can really give you a good answer Read More

Hi Sir/Mdm,

When the lease runs out, the value may go to zero but definitely wont go into negative range. The govt will take back the land and refresh to lease back to 99 years again and redevelop for other purposes.

Please feel free to contact me if you have any other questions.

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Nick Tan
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✔1 When a property lease fully expires, its market value can drop to zero, but it will not become negative.

✔2 Once the lease ends, ownership returns to the government, and the land is taken back.

✔3 The site may then be refreshed, redeveloped, or reissued with a new 99 year lease for future use.

✔4 This process is part of long term land planning and redevelopment, not a penalty to owners.

As Lee Kuan Yew once said, “In the end, what matters is not what you have, but what you build.”
WhatsApp me at >> ✔✔9856 9255 or through this link.:https://wa.me/6598569255.

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When lease balance is 0, basically the property has $0 value and has to be returned to the original land owner. Read More

Most financial projections assume a curved-shaped relationship between lease balance and resale prices.

I'll be happy to show you the financial models that will allow you to estimate what fraction of the 'freehold' value a particular property will be priced at depending on its remaining lease. I use these models commonly to identifying undervalued assets across Singapore for clients to purchase, or derive suitable exit timings for properties to go on sale.

I'm a Harvard graduated real estate agent with a degree in economics, and have supported clients on more than $1 billion in transactions. Would love to connect to discuss further.

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More

Good day to you.

To put it simply, when individuals "buy" a residential unit, they are essentially prepaying the "rent." This is because leasehold units are situated on land owned by the landlords.

For instance, if someone buys a 70-year lease HDB 4-room flat for $800k, they are, in effect, paying about $950 each month as "rental." With a shorter lease duration, along with the regulations surrounding HDB and CPF, the buyer's loan amount and CPF OA usage may be adjusted, leading to a higher cash expenditure.

Returning to your question, when the lease term ends, the landlord is entitled to reclaim the land for redevelopment without needing to compensate the leaseholder. Therefore, you can view this as "negative".

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Hi,

1) The lease balance and resale price are not directly proportionate in theory.
2) There is no value of a property that has no lease balance.
3) In Singapore, the property will be return to the state. I can't say what happened outside of Singapore.
4) There were a few properties in history that had ran out of lease, and the state took back the property and redevelop accordingly.
5) The fact is once a property has less than 20 years leasehold, the value would have a steep dropped rather than depreciated in a constant depreciation rate.
6) The main reason is due to MAS policy that no bank is allowed to provide any financial loan to these properties.
7) In actual situation, the bank would already relentant to give out loan to properties with less than 30 years lease.

All The Best!!!

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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