What is the resale potential of a property in Singapore with a 60-year lease?

Resale potential for 60-year leasehold properties in Singapore is surprisingly strong in the short term, with data showing 86% of resold homes (289 out of 335 cases) outperforming the market when the remaining lease hits 60 years or less.

This counterintuitive strength stems from buyers viewing these properties as undervalued entry points, especially in desirable locations, before steeper lease decay kicks in below 30 years. Banks still offer loans (typically capped at the remaining lease tenure), and CPF usage remains possible for private condos, supporting decent liquidity.

However, long-term resale weakens due to:
- Shrinking buyer pools as financing tightens further with lease erosion.
- Heightened lease decay risk, where values drop non-linearly toward zero at lease end without en bloc redevelopment.
- Higher extension costs via differential premiums, pegged at around 80% of freehold value at the 60-year mark.

Prime districts or well-maintained condos with en bloc upside hold better potential than older HDB flats or fringe-area developments. Use EdgeProp Singapore's research tools to check transaction data, price trends, and lease calculators for specific projects before deciding.