Block 38 Lor 5 Toa Payoh

This block specifically

Gross yield ignores maintenance, tax and vacancy.

When the lease starts to bite

• CPF, in full: a buyer must be 54 or younger for this lease to cover them to 95, which is the test for using CPF up to the Valuation Limit. Older buyers get a pro-rated amount that CPF calculates individually.
• CPF, at all: once 20 years or less remain, CPF cannot be used for the purchase by anyone. This block reaches that point in 2047.
• HDB loan period: an HDB loan runs for at most the remaining lease less 20 years, so the full 25-year period needs at least 45 years of lease. This block is already below that, so the loan period is capped by its lease.

Where this block lands, decade by decade

Position on curve is where flats with that much lease left are trading TODAY relative to their peers. It is not a forecast: it does not carry today's prices forward, and it shows "—" where we publish no band. The CPF and HDB loan rules are current published rules and can change.