SLA leasehold table. The depreciation rate @ 50-40yrs is inconsistent with the rest of the trend of increasing depreciation… why? Are these numbers arbitrary?
Details:
Table and explanation from:
http://www.sla.gov.sg/faq/differential_premium.pdf
Term of Years: Percent of Freehold Value: change in value over last 10 yrs:
Term of Years: Percent of Freehold Value: change in value over last 10 yrs:
0yr- 0.0% 30.0
10yr- 30.0% 18.0
20yr- 48.0% 12.2
30yr- 60.0% 8.5
40yr- 68.5% 6.2
50yr- 74.7% 5.3
60yr- 80.0% 6.0
70yr- 86.0% 5.0
80yr- 91.0% 3.6
90yr- 94.6% 1.4
99yr- 96.0% na
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