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Should you invest in a 60-year leasehold property? A case study on Hillford

2073   The Hillford: Costs vs income I will be assuming the smallest unit here is purchased for investment given its low quantum and ease of renting it out. In this case the smallest unit at The Hillford is 398 sq ft, and data from URA indicates that the median price for such a unit is $475,000 in 2020. So $475,000 will be used as the starting price to extrapolate the price as the lease runs down. Using the depreciation table above, this means the 2021 prices would be $471,798. In 2022, it would be $465,054 and so on until $0 in 2073 when the lease runs to 0. Costs Breakdown of costs:

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