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 …

Mandarin Top 5

Maximize Your Property Investment: 5 Questions to Ask Your Real Estate Agent in Singapore

Jayson Ang – March 23, 2024 –

Buying a property in Singapore can be a daunting task, especially for first-time buyers. It is important to have a...

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...

All Buying Tips

Crucial Facts : All First Time Buyers Need to Know

Jayson Ang – December 7, 2022 –

TLDR When it comes to property investment for first-time buyers in Singapore, careful planning and early action are key. Consider...

Mandarin Top 5

Top 5 Reasons Why Singapore’s Property Market Is A Haven For High Net Worth Investors

Jayson Ang – September 26, 2024 –

Singapore's property market has long been a magnet for high net worth investors, both local and international. The city-state's strategic...

Mandarin Top 5

From Overseas to Singapore Property: 5 Steps Guide to Remitting Funds

Jayson Ang – May 21, 2023 –

From Overseas to Singapore Property: 5 Steps Guide to Remitting Funds 1. The first step in remitting money to Singapore...

All Buying Tips

Purchasing Older HDB Resale Flats: Key Considerations When the Flat Outlives You

Jayson Ang – January 10, 2026 –

TLDR HDB flats have a 99-year lease, and key housing schemes require the lease to cover the youngest owner until...

All Blog Posts Opinion

Discover 7 Reasons to Sell and Right-Size Your Property

Jayson Ang – April 9, 2023 –

TLDR The increasing trend of right-sizing properties in Singapore is driven by various factors such as lifestyle changes, financial gains,...

All Buying Tips Top List

Finding the Perfect Match: Top 20 : A Guide to Choosing the Best Property Agent in Singapore

Jayson Ang – December 17, 2022 –

TLDR When it comes to buying or selling real estate in Singapore, having a professional and knowledgeable property agent is...

All Reports

Transaction Volumes Remained Subdued Due To The Dearth Of Inventory In Q4 2022

Jayson Ang – March 27, 2023 –

TLDR The Urban Redevelopment Authority (URA) Flash Estimates for Q4 2022 show a 0.1% increase in non-landed private home prices...

All Buying Tips Opinion

Larger Living Spaces: The New Demand Surge Post-Pandemic

Jayson Ang – January 13, 2025 –

TLDR We explore the significant impact of digital marketing strategies on business growth in today's competitive landscape. It highlights the...

All Reports

Increase in ABSD April 2023

Jayson Ang – April 27, 2023 –

TLDR The impending rise in ABSD (Additional Buyer's Stamp Duty) is expected to suppress investment demand, allowing local homebuyers to...

Mandarin Top 5

5 Homeowners Share Their Biggest Regrets Delaying Their Property Purchase in Singapore

Jayson Ang – September 12, 2024 –

In the fast-paced and ever-evolving property market of Singapore, making a timely decision to purchase a property can make all...

Mandarin Top 5

Building A World-Class Nation: Top 5 Facts About Singapore’s Developed Infrastructure

Jayson Ang – July 23, 2023 –

Building A World-Class Nation: Top 5 Facts About Singapore's Developed Infrastructure Singapore is known for its high standard of living,...

Mandarin Top 5

Top 5 Must-Do Experiences in Singapore for First Timers

Jayson Ang – January 18, 2025 –

Singapore, a vibrant city-state known for its diverse culture and rich history, offers an array of unique experiences for first-time...

All Buying Tips Opinion

The Sneaky Role of Property Appraisals in Shaping Singapore’s Home Prices

Jayson Ang – January 20, 2024 –

TLDR When it comes to the real estate market in Singapore, understanding property valuations and the impact on mortgage loans...

Mandarin Top 5

Top 5 Overlooked Features that Buyers are Looking for in Singapore Property

Jayson Ang – May 17, 2023 –

The top 5 overlooked features that buyers are looking for in the Singapore real estate market. These are the overlooked...

All Blog Posts Buying Tips Opinion

Why There’s No Perfect Time to Enter the Market

Jayson Ang – December 18, 2022 –

TLDR When it comes to property transactions, understanding the factors influencing rising prices is crucial. The pandemic has driven up...

All Buying Tips Opinion

Increased Seller’s Stamp Duty (SSD) Rates in Singapore: Implications for Buyers and Sellers

Jayson Ang – May 18, 2026 –

TLDR From July 4, 2025, Singapore reinstates Seller’s Stamp Duty (SSD) rates to 2017 levels, with rates of 16%, 12%,...

All Buying Tips Opinion

Unlock the Secrets of Property Investment and Transform Your Financial Future!

Jayson Ang – September 30, 2024 –

TLDR The Singapore property market has experienced fluctuations, impacting private home prices. Understanding your financial capacity is crucial when considering...