Can a freehold property lose its freehold status?

People often mistakenly believe that owning a freehold condo means they can keep the property forever and pass it down through generations, as if the government cannot reclaim it. However, this is a myth. The status of a freehold property can change over time, especially in Singapore due to its constant redevelopment. Projects like the North-South Corridor and new MRT lines are reshaping the landscape, potentially impacting the freehold status of your condo. While the government may compensate you at market value, you may still need to find a new permanent residence.

Can a freehold property be put up for en bloc?

Some believe that freehold properties cannot undergo en bloc sales, but that is a misconception. In reality, if the majority of residents in a freehold development agree to an en bloc sale proposed by a developer, it can proceed, requiring all homeowners to sell their properties.

Do freehold properties fetch better prices during en bloc?

The en-bloc value of a freehold development is typically higher than that of a leasehold unit due to the perceived higher value of giving up freehold ownership. However, determining the value based solely on ownership type is oversimplified. En-bloc pricing is influenced by various factors including market conditions, zoning laws, and surrounding amenities. For instance, zoning regulations that restrict the height of a replacement condo can lower the en-bloc price of a freehold development. Additionally, amenities such as public transportation, shopping centers, and schools play a significant role in developers' considerations when bidding for en-bloc purchases. Thus, the strategic location and development potential of a property have a substantial impact on its en-bloc value regardless of ownership type.

Are freehold properties more expensive than leasehold properties?

A freehold condo is usually pricier than a leasehold condo of equivalent size and location. It can cost around 15% more. With rising interest rates and borrowing expenses, owning a freehold condo requires a significant financial investment.

How does tenure affect rental yield?

Leasehold units can offer higher rental yields due to their lower cost compared to freehold properties. The rental yield is calculated by dividing the annual rental income by the total property cost. It's important to note that rental income remains the same whether a property is freehold or leasehold. For example, if you buy a leasehold condo for S$1 million generating S$3,000 monthly rent (yielding 3.6%), and compare it to a freehold property costing 15% more at S$1,150,000, the rental income would likely remain unchanged at S$3,000. The lower purchase cost of leasehold properties often attracts landlords seeking higher yields, making them a preferred choice over freehold properties.

Freehold Condos in Singapore (Updated daily)

This is the most complete of freehold condos in Singapore (updated daily). You can filter the properties by sqft, timeframe, train stations and $/psf. Freehold properties technically grants buyers indefinite ownership rights, allowing them to have full control over the property without any time restrictions unlike leasehold properties (more commonly known as 99-year). Properties with 999-year leases, a remnant from the colonial era, are essentially equivalent to freehold properties unless life expectancy is drastically extended.

See the full price history of any condo unit

Property

Train station

Include condos with no transactions


seaview point	Dakota	1994	$1,642	$1,642	$1,642	1
airstream	Potong Pasir	2012	$1,489	$1,363	$1,687	16
novena suites	Novena	2004	$1,965	$1,738	$2,111	8
2 rvg	Great World	2006	$2,061	$2,052	$2,071	4
38 i suites	Paya Lebar	2014	$1,585	$1,014	$1,828	29
mandalay towers	Novena	1974	$1,276	$1,276	$1,276	1
d' palma	Kembangan	2007	$1,249	$1,249	$1,249	1
grange heights	Great World	1975	$1,842	$1,478	$2,069	7
the treeline	Kembangan	2008	$1,348	$1,281	$1,415	2
bella vista	Woodleigh	2009	$1,394	$1,348	$1,441	4

Showing 10 of 2465 results

1 of 164 pages

Freehold Condominiums

FAQs about Freehold Condos

Product

Directories

Status