Are you sitting on a 99-year time bomb? | Singapore Property News

Are you sitting on a 99-year time bomb?

06 Feb 2017
How To

We know that HDB flats come with a lease of 99 years. During a Parliamentary session on 20th January 2014, then Minister of National Development Mr. Khaw Boon Wan confirmed that, at the end of their 99-year lease, HDB flats will revert back to the landowner (HDB). The land will then be turned over to the state. This means the value of a HDB flat at the end of the lease is zero.

Toa Payoh

Do people still buy HDB flats that are older than 30 years?

In the last 3 years, 2016 showed a record-high transaction volume of 7,670 old HDB flats. Comparing with the overall total 19,369 HDB flats sold in 2016, old HDB flats managed to clinch a 29.6% of that.

Total old transactions 2014 2016

For a typical 4-room, 2,289 old HDB flats were sold in 2016 - the highest in the last 3 years.

Total old transactions 4 Room 2014 2016

Are old HDBs still worth the money?

We show you the most expensive old HDbs for 3-room, 4-Room, 5-Room and HDB Executive. A 3-room HDB flat was transacted even at a whopping $708,000!

Total old transactions 2014 2016 Expensive

If you are living in an old HDB flat, perhaps you would want to find out more about the market value and its historical trends. Check out

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X Value Trends


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