Analysis

Land ownership in Singapore – here is everything you need to know

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Stanley

Stanley loves crunching numbers in excel and analysing them. Naturally, he helps Stacked Homes generate articles based on his analysis as much as he can. When he’s not using Excel, he enjoys watching movies and eating chocolates.

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Jack Tan
Jack Tan
2 years ago

Hi Stanley
for residential 99 years lease landed property, so far in Singapore, is there any example of a property that the lease expire. what actually happen when the lease expire? do we need to remove all movable items? what is the handover process like?

Stacked Homes
Admin
2 years ago
Reply to  Jack Tan

Hi Jack, this happened to the leasehold landed homes in Geylang. More information can be found here: https://www.sla.gov.sg/articles/press-releases/2017/leases-at-lorong-3-geylang-to-expire-in-2020-and-land-to-be-redeveloped

The SLA basically assisted with this handover.

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[…] Land Purchase Act went effect in June 1967, giving the government the authority to acquire land for public infrastructure development by forced acquisition. The compensation paid to landowners’ properties was […]

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