Record Price Despite 50-Year Lease | Toa Payoh

Record price despite 50-year balance lease.

Property Address

224 Lorong 8 Toa Payoh

Days on Market

36 days

Sold Price

S$480,000

Fee Tier

HDB $1,999

Fees Saved

Fees Saved vs 2%: S$21,778

Result

Sold above despite lease concerns.

Record Price Despite 50-Year Lease | Toa Payoh

With only 50 years of lease balance left, this Toa Payoh flat could have struggled. Instead, by using lifestyle-driven marketing, professional media, and targeted buyer outreach, the property sold in 36 days at a record price for its category.

Lessons / Takeaways

  • Lease issues can be offset by presentation.
  • Buyers value lifestyle, not just tenure.
  • Patience and strong marketing beat market doubts.

"We worried the short 50-year lease would scare buyers, but it still sold at record price. The video-first approach gave us confidence and results."

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