Your search results

Top 5 : Reasons why Freehold Properties Cost More in Singapore

Posted by Jayson Ang on February 21, 2025

| 0

Freehold properties, a term often heard in the real estate market, are properties that are “free from hold” of any entity other than the owner. This means that the owner enjoys complete ownership for perpetuity and can use the land for any purposes, as long as it is in accordance with local regulations. In Singapore, freehold properties are highly sought after due to their perceived value and the freedom they offer. However, these properties come with a higher price tag.

Here are the top five reasons why freehold properties cost more in Singapore.

1. Perpetual Ownership:

The most significant advantage of owning a freehold property is the perpetual ownership it offers. Unlike leasehold properties, which have a fixed term of ownership, freehold properties can be owned indefinitely. This means that they can be passed down to future generations, adding to their appeal and consequently, their cost.

2. Freedom and Flexibility:

Freehold properties provide owners with more freedom and flexibility compared to leasehold properties. Owners have complete control over their property and can use it for any purpose that complies with local regulations. This level of freedom and control is a luxury that many are willing to pay a premium for.

3. Lower Risk of Government Acquisition:

In Singapore, freehold properties cannot be taken back by the government, unlike leasehold properties. This lower risk of acquisition adds to the allure of freehold properties and contributes to their higher cost.

4. High Capital Investment:

Purchasing a freehold property requires a high capital investment. The average price for islandwide freehold condominiums in Singapore is $2,031 per square foot, which is 16.2% higher than 99-year leasehold condominiums. This high initial cost is a significant factor in the overall higher cost of freehold properties.

5. Maintenance and Repair Responsibilities:

As a freeholder, you are responsible for all repairs and maintenance of the property. While this may seem like a disadvantage, it also means that you have complete control over the upkeep of your property, which can be seen as a benefit by some and thus, adds to the cost.

While freehold properties in Singapore come with a higher price tag, the benefits they offer such as perpetual ownership, more freedom and flexibility, lower risk of government acquisition, and complete control over maintenance and repairs make them a worthwhile investment for many. However, potential buyers should carefully consider these factors and their financial capability before deciding to invest in a freehold property.

If you would like to arrange a viewing appointment with us in Singapore, do send us a DM here

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …

All Buying Tips Opinion

Debunked! 6 Popular Property Myths of 2023, Including the 99-1 Loophole – Legal or Not?

Jayson Ang – January 4, 2024 –

TLDR This blog post delves into various aspects of the Singapore property market, including topics such as decoupling, 99-1 property...

All Buying Tips

When to Strike Gold: The Ultimate Guide to Selling Your House in Singapore!

Jayson Ang – June 28, 2024 –

TLDR When deciding the best time to sell your property, consider various factors such as market trends, financial goals, and...

Mandarin Top 5

Top 5 : Factors Influence Real Estate Investors’ Decisions when Investing in Singapore Condos?

Jayson Ang – December 11, 2024 –

Singapore's real estate market has always been an attractive investment option for both local and foreign investors. The city-state's stable...

All Opinion

URA’s Draft Master Plan 2025: A Blueprint for 80,000 New Homes Across 10+ Estates

Jayson Ang – April 23, 2026 –

TLDR The URA Draft Master Plan 2025 outlines the creation of 80,000 new homes across more than 10 estates over...

Mandarin Top 5

Top 5 Museums in Singapore for Art and History

Jayson Ang – February 29, 2024 –

Singapore, known for its vibrant culture and rich history, is home to a plethora of museums that cater to art...

All Buying Tips Opinion

Exciting News: Affordable Housing in Singapore by 2024?

Jayson Ang – May 31, 2024 –

TLDR The real estate market in Singapore is experiencing shifts in housing supply and demand, influenced by factors like mortgage...

All Buying Tips

What’s Next for HDB Owners?

Jayson Ang – December 7, 2022 –

Buying a home always seems daunting especially such it is a big-ticket item and the prices for private homes can easily...

All Opinion Selling Tips

3 Property Owners Reveal Their Major Mistakes: The Pitfalls of Ill-timed Home Sales

Jayson Ang – December 10, 2023 –

TLDR When it comes to navigating the ups and downs of the Singapore property market, timing is crucial. Three real-life...

All Buying Tips Reports Selling Tips

Exploring the Allure of Freehold Titles Among Singaporeans

Jayson Ang – October 16, 2025 –

TLDR Freehold properties remain highly attractive in Singapore due to their scarcity, lasting value, and legacy potential. Buyers are drawn...

Mandarin Top 5

Top 5 Japanese Restaurants in Singapore

Jayson Ang – September 14, 2024 –

Singapore, a melting pot of diverse cultures and flavors, offers an incredible array of dining experiences for food lovers. Japanese...

Mandarin Top 5

Top 5 Surprising Benefits of Investing in Singapore Real Estate for Foreigners

Jayson Ang – October 27, 2024 –

Singapore, a thriving city-state in Southeast Asia, has become an attractive destination for foreign investors looking to diversify their investment...

All Blog Posts Opinion

Discover the 7 Unique Attributes of Real Estate Investing

Jayson Ang – January 16, 2023 –

TLDR The post highlights the benefits of investing in real estate, such as high leverage, capital appreciation, income generation, usability,...

All Blog Posts Opinion

Should You Be Upgrading To A Condo In 2023?

Jayson Ang – April 24, 2023 –

TLDR The 2022/23 property market is experiencing high prices, making it challenging for individuals to decide whether to upgrade their...

All Buying Tips

Thinking About Investing In An Old Landed Property In Singapore? 7 Crucial Tips To Keep In Mind Before You Make Your Move

Jayson Ang – April 8, 2024 –

TLDR Older properties come with unique challenges due to outdated design elements, potential roofing issues, odd land shapes, basement drawbacks,...

All Buying Tips

Multiple Property Ownership in Singapore: A Different Landscape in 2025

Jayson Ang – July 22, 2025 –

TLDR Owning multiple properties in Singapore in 2025 is tougher due to higher Additional Buyer’s Stamp Duty (ABSD), stricter Loan-to-Value...

All Buying Tips

Downpayment For Condo: How Much Do First-Timers Need In Singapore?

Jayson Ang – March 12, 2024 –

TLDR The blog post delves into the complexities of condo downpayments in Singapore in light of the impact of Covid-19...

All Buying Tips

The Lifecycle of an HDB Flat: Essential Stages for Owners and Buyers

Jayson Ang – July 4, 2026 –

TLDR HDB flats in Singapore, home to 80% of residents, begin as state land acquired at fair market value. The...

All Buying Tips Opinion

Craving Dream Homes in the Urban Jungle: The Singaporean Dilemma Unveiled

Jayson Ang – May 10, 2024 –

TLDR The housing landscape in Singapore reflects evolving aspirations and desires, especially among the younger generation. Owning private property is...