Analysis Freehold VS Leasehold Landed Property: Exploring The Gap And How Prices Have Moved Over The Years

  • September 29, 2021
  • 8 min read
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Ryan J

Ryan is an old school print journalist gone digital. He's lived in almost every type of housing in Singapore, from flats to landed homes. Over the past 18 years, he's been a content developer for companies large and small, a co-founder in an education business, and sometimes a voice on the radio. He also spends too much time and money on painting little plastic soldiers.

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Dy Francisco III
Dy Francisco III

If the house on leasehold landed property is the MAXIMUM allowable based on regulations, then the value of the property is in the built-up space (not the land) because it is often not worth it to demolish the house to build a new house of the same size. Therefore, leasehold landed property should be compared to other leasehold properties like HDB flats and leasehold condos. HDB flats are selling for as high as $1,170 per sq ft. This should be used as comparable (or point of reference) for leasehold landed property (if, as described above, it is the maximum built-up… Read more »

Stacked Homes
Stacked Homes

Hi! Thanks for your feedback! This article was written for those who want to stay in landed homes only, and we were asked about the performance of the different types of landed homes in Singapore. It was basically a choice between freehold/leasehold landed, or freehold/leasehold strata landed and so we presented the information as such since the alternative was not a leasehold condo or HDB (in a lot of cases, these were people who were also upgrading from HDBs). For another article, we can compare the performance of a leasehold landed home or leasehold condo if we do have such… Read more »

Francisco Dy
Francisco Dy

Thanks for the feedback! Choosing where to stay (landed vs stata, freehold vs leasehold) is only one issue. The other issue is price or value. Since all of them are basically housing it is appropriate for valuation purposes compare them to determine which one is better “value for money”. Valuation based on direct comparison (same type of property in the same estate) should be counter-checked with a “technical valuation” (properties in vicinity adjusted for type and land tenure). Those upgrading from HDB should consider both condos (leasehold and freehold) and leasehold landed property. It some cases the latter is better… Read more »

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