First study on impact of declining HDB leases seen leaving out too many factors
UrbanZoom study should not be read as a depreciation curve for resale flats, says HDB
Add BT as a preferred source
Singapore
WHAT'S said to be the first attempt to quantify the price impact of declining leases on HDB flats has drawn criticism that the study ignores too many of the factors that operate in the Singapore property market.
The study by UrbanZoom, a homegrown artificial-intelligence-enabled research portal, found that HDB flats would depreciate, on average, 0.67 per cent per year across the first four decades as their leases run down. But this assumes a stagnant economy and property market with zero growth.
TRENDING NOW
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
After a strong Q2, what’s next for Singapore banks? Analysts see DBS, OCBC ahead on wealth
Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains
