Properties with expiring lease

From Straits Time, 14 May 2011

Banks are more stringent on loans for properties that are less than 60 years lease left. Maybe we can get a low price from these properties since the demand for them will be lesser? To find out, I extracted the PSF from propertyguru for reference.

Project / Location / Years left on lease/ PSF

Peace Centre Mansions / Sophia Road / 58 / $731
One Tree Hill Mansions / One Tree Hill / 61 / $1120
Orchard Court / Oxley Road / 61 / $1219
Lutheran Towers / Tan Kim Cheng Road / 62 / $757
Hillcrest Arcadia / Arcadia Road / 63 / $1066
Hollandswood Court / Holland Park / 63 / $745
Townhouse Apartments / Cavenagh Road / 65 / $916
The Arcadia / Arcadia Road / 67 / $1319
Horizon Tower / Leonie Hill Road / 67 / $1237
Orchard Bel Air / Orchard Boulevard / 68 / $1457
Chancery Court / Dunearn Road / 69 / $998