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At what remaining tenure will the price of a leasehold terrace house start to drop?

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For leasehold terrace houses in Singapore, the price tends to drop more significantly as the remaining tenure decreases, particularly when the lease falls below a certain threshold.
Generally, the price of a leasehold property starts to decline more noticeably when the remaining lease falls below 60-70 years. This is because the shorter lease term can make the property less attractive to buyers, especially those who are looking for a long-term investment or a place to live for an extended period.
Here are some key points to consider:
- Below 70 years: Prices may start to drop as the lease term shortens, but the impact might still be relatively mild.
- Below 50 years: The price decline becomes more pronounced. Buyers may be deterred by the shorter lease, and financing options might become more limited.
- Below 30 years: The price drop can be quite significant, as the property becomes less desirable and may require en bloc sale or redevelopment to maintain its value.
This trend is influenced by various factors, including the perceived value of the property, the availability of financing, and the overall demand for leasehold properties with shorter tenures.
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