What Does It Mean?
Bala's Table is a leasehold valuation reference that estimates what a property's remaining lease is worth as a percentage of its freehold value. It shows that lease value does not decay in a straight line: a 99-year lease is worth about 96% of freehold, ~80% at 60 years remaining, ~60% at 40 years, and drops sharply below that. SLA and CPF use it as a guide when assessing lease top-ups and CPF usage for ageing leasehold homes.
Worked Example
Approximate leasehold value as a percentage of freehold, per Bala's Table:
| Remaining Lease | % of Freehold Value |
|---|---|
| 99 years | ~96% |
| 80 years | ~92% |
| 60 years | ~80% |
| 40 years | ~60% |
| 30 years | ~48% |
| 20 years | ~32% |
These figures are a valuation guide, not a market price — actual transacted prices also reflect location, demand, and en-bloc potential. Bala's Table is most often cited when computing lease top-up premiums and assessing CPF usage limits on ageing leasehold homes.
Why It Matters
Bala's Table shows why lease decay accelerates late: value holds well above 60 years but falls steeply below it. Buyers of ageing leasehold homes use it to sanity-check price and to estimate the cost of a lease top-up before financing and CPF restrictions bite.
Where to Find This on ShiokNest
- Lease Decay Calculator
- Property detail pages (tenure section)
Look for the tooltip icon next to this metric on ShiokNest for a quick reminder of its definition.
Official Sources
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Frequently Asked Questions
Is Bala's Table the actual market price?
Where is Bala's Table used?
This glossary article is auto-generated from ShiokNest's financial data and updated periodically. Rates and figures are current as of July 2026. Check official sources for the latest.