Search results
Find 18,144 Properties for Sale - Freehold in Singapore with PropertyGuru Singapore, Asia's Top Influential Brands by Influential Brands.
- Ew23 Clementi MRT Station
"Freehold Condo 2250sqft Unit 1km To Nanhua Primary School"...
- Seletar / Yio Chu Kang
"Freehold Inter Terrace 4 storey 6 Bed all attached Brand...
- Ne13 Kovan MRT Station
Find 406 Properties for Sale near NE13 Kovan MRT Station...
- Ne9 Boon Keng MRT Station
Find 259 Properties for Sale near NE9 Boon Keng MRT Station...
- Tanglin / Holland / Bukit Timah
Find 2,988 Homes for Sale in Tanglin / Holland / Bukit...
- Ne14 Hougang MRT Station
Brand New Freehold Terrace, 5-Storey with Lift,...
- East Coast / Marine Parade
In the early part of the 20 th century, District 15 was...
- Sembawang / Yishun
There are 99 Properties for Sale, Freehold in Sembawang /...
- Ew23 Clementi MRT Station
- Leasehold Duration. The most obvious difference between freehold and leasehold condos is that freehold condos can be held in perpetuity while leasehold condos can only be held for as long as the lease is in effect.
- Cost of Property. A freehold condo is likely more expensive than its leasehold counterpart. For a property in a similar location, of a similar size and so on, a freehold condo might be 15% more expensive.
- Market Value. One of the most common reasons property buyers in Singapore opt to purchase a freehold property is because it’s perceived to be higher. But freehold properties do not always have higher market value.
- Maintenance and Available Facilities. Your freehold condo could also fall victim to age, which means you may need to spend more on maintenance and repairs.
There are 8,036 Condominiums for Sale Freehold. You can use our Elegant Property Search Tool to find the right New Condominium Launch and other resale properties with detailed information, including maps and photos.
Dec 12, 2023 · In Singapore, property ownership mainly comprises of freehold estates, leasehold estates, and estates in perpetuity. There are two main types of freehold estates. The first is the fee simple.
- Land Ownership Value. Singapore faces the problem of land scarcity. Thus, in a land-scarce Singapore, it is more valuable to own a freehold property, as it will not be “taken away” by the state after their lease tenure expires.
- Upfront Cost of Property. Leasehold Property generally has lower upfront costs of approximately 15% to 20%, compared to freehold ones. This is a large sum of money, especially for those who are looking at purchasing their first private property.
- Rental Yield and Resale Value. The rental yield is the annual rental income divided by the total cost of the property. As freehold property tends to cost more than leasehold ones, it is likely that your rental yield for leasehold properties will be higher.
- Loan Restrictions. Owners of leasehold property often face more trouble and restrictions in using their CPF or getting loans. Banks are more reluctant to lend money for leasehold properties, especially if the remaining lease is coming to an end.
- Dictionaryfreehold/ˈfriːhəʊld/
noun
- 1. permanent and absolute tenure of land or property with freedom to dispose of it at will.
adjective
- 1. held by or having the status of freehold: "freehold tenure"
Powered by Oxford Dictionaries
Oct 8, 2019 · In this article, we will review the differences between freehold and leasehold properties and why freehold units are better choices. Also, if you are buying a condominium as your 2nd property, here’s what you need to note when you take a 2nd home loan.
Sep 5, 2020 · Looking at the statistics, since Feb 2010, freehold condos as a whole gained by about 29.74 per cent; on the other hand, leasehold condos higher at 48.10 per cent. Leasehold properties have also outperformed freehold in RCR (Rest of Central Region) and OCR (Outside Central Region).
