Will you buy a 40 yrs old HDB flat?

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Posted by johntimber johntimber
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Hi,

A fren of mine just bought a 40 yo flats for close to $500k.
Taking into consideration that all flat are 99 yr lease.
She is now close to 50yr old.
Let says that if she will to sell her flat in 20 yrs time, her unit will be 60 yrs
old, with the lease remaining for 39 yrs.
How much do you think that her flat will fetch?
600K or less than 400K??

I didn't find the right solution from the Internet.

References:
http://www.mycarforum.com/topic/2675383-will-you-buy-a-40-yrs-old-hdb-flat/
Creative video studio

Thanks