Singapore Property Decision Lab

Data Insight

The Oldest HDB Estates, and the Lease-Expiry Question

How many HDB flats are running low on lease, where they are, and what SERS realistically covers.

Key finding

About 39% of HDB flats — roughly 460,000 homes — have under 60 years of lease left, and 12% have under 50. The biggest concentrations are in Bedok, Ang Mo Kio and Yishun. SERS has only ever covered about 5% of HDB blocks.

HDB flats by remaining lease

Units, with share of the dated stock.

0100,000200,000300,000400,000137k · 12%Under 50 yrs323k · 28%50–59 yrs202k · 17%60–69 yrs189k · 16%70–79 yrs151k · 13%80–89 yrs174k · 15%90+ yrs

Remaining lease estimated from block completion year. Source: HDB Property Information.

Flats with under 60 years of lease left, by town

By town.

020,00040,00060,00049,590Bedok43,879Ang Mo Kio34,023Yishun33,503Bukit Merah29,594Tampines28,013Kallang/Whampoa26,198Hougang25,494Toa Payoh24,204Jurong West24,134Bukit Batok23,404Geylang19,052Clementi

Source: HDB Property Information.

The oldest towns

Share of each town's flats completed before 1990.

TownBuilt before 1990
Marine Parade100%
Ang Mo Kio84%
Central Area82%
Bedok78%
Serangoon73%
Jurong East68%
Kallang/Whampoa67%
Geylang67%
Yishun62%

Source: HDB Property Information.

What it means for a buyer

  • A 55-year-lease flat is not exotic — 28% of the stock sits in the 50–59 band. But it is a wasting asset on a fixed clock, and buying one is a bet on location and price, not on being rescued.
  • Financing tightens as the lease shortens: CPF use is pro-rated once the remaining lease no longer covers the youngest buyer to 95, and loan tenure is capped. See the lease-decay insight for the price side.
  • The upside of an older flat is usually a mature, central-ish location at a lower entry price. The question is whether that is worth a shorter horizon and a smaller pool of future buyers.

Data sources

  • HDB Property Information — HDB. Coverage: 10,796 residential blocks with a completion year, ~1.18M units. retrieved 2026-08-29.

Published 2026-08-29