A lock subassembly for a padlock includes a housing, a locking element, and a locking mechanism. The housing defines an internal cavity and at least one shackle bore isolated from the internal cavity. The locking element is disposed in a first portion of the internal cavity and extends beyond an upper surface of the housing. The locking element is movable between a locked position for interlocking engagement with a shackle and an unlocked position for releasing the shackle. The locking mechanism is disposed in a second portion of the internal cavity and is operable between a locking condition securing the locking element in the locked position and an unlocking condition permitting movement of the locking element to the unlocked position.