Freehold Condo

A freehold condo in Singapore offers several advantages, making it an attractive choice for property buyers and investors.

Some people prefer freehold condos in Singapore for a variety of reasons, mainly tied to long-term ownership, investment security, and potential resale value. Here are the top reasons why buyers opt for freehold over leasehold:

1. Permanent Ownership & Legacy

• Freehold properties can be kept indefinitely and passed down to future generations without concerns about lease decay.
• Many buyers, especially those purchasing for their family, see freehold as a legacy asset.

2. Stronger Resale & Appreciation Potential

• Freehold condos hold their value better compared to leasehold properties, which depreciate as the lease runs down.
• Over time, buyers are willing to pay a premium for freehold properties, especially in prime areas.

3. En Bloc Advantage

• Freehold condos tend to attract higher en bloc sale offers, as developers don’t have to top up the lease.
• This makes them a more attractive investment for potential redevelopment.

4. No Lease Expiry Concerns

• Leasehold properties (especially those below 60 years left) may face difficulties in getting bank loans, reducing their market appeal.
• Freehold owners don’t have to worry about lease depreciation impacting future buyers or financing options.

5. Psychological & Perceived Value

• Some buyers simply prefer the peace of mind knowing they own the land indefinitely.
• Freehold status is often seen as more prestigious, especially for landed homes and luxury condos.