Freehold Condos in Singapore in 2025

What Is A Freehold Condo Property in Singapore

A freehold condo in Singapore means full and perpetual ownership of the property and the land it sits on, a concept that means a lot in a land-scarce country. This permanent ownership status distinguishes these properties from leasehold properties, which usually have 99- or 999-year leases.

In Singapore, freehold properties are highly sought after due to their perpetual ownership and long-term value appreciation.

“The fundamental appeal of a freehold condo is its inherent value preservation”, says Elaine She, founder of SHE Real Estate. “You’re not just buying a home, you’re buying a generational asset that can be passed down without the looming spectre of lease expiration.”

Freehold condos are also known for their efficient layout, which maximises space and makes them very attractive to potential buyers and renters.

Over the past decade, the price gap between freehold and leasehold condos has narrowed significantly. In 2013, freehold units commanded a premium of around 20%, but by 2023, that margin had shrunk to just 4.7%. While leasehold prices have caught up, freehold condos have still appreciated by 32%, maintaining their long-term value advantage.

Freehold properties hold many benefits, some already mentioned, including:

• Perpetual Ownership: Freehold properties can be passed down to future generations without restrictions, so the asset remains within the family.
• No Lease Renewal Worries: Unlike leasehold properties, freehold properties do not require lease renewal, which can be costly and time-consuming.
• Long-Term Value Appreciation: Freehold properties tend to increase in value over time, making them popular with investors and homebuyers looking for stable long-term growth. Conversely, land leasehold properties depreciate as the lease period draws nearer.
• Flexibility: Freehold properties can be sold, rented or passed down to heirs without restrictions, giving owners more flexibility in managing their assets and long-term planning.

Market Dynamics and Investment Opportunity in Singapore Property

The Singapore freehold condo market is a complex ecosystem influenced by location, development quality and broader economic trends. Prime districts like District 10 (Bukit Timah, Holland) and District 9 (Orchard, River Valley) dominate the high-end freehold condo segment, with many properties located near key transport links and amenities. However, other districts like Districts 15 and 16 (East Coast) and the emerging District 1 (the Marina precinct) are gaining traction. These areas offer strong lifestyle appeal, improving infrastructure and competitive pricing, making them more attractive to homebuyers and investors looking for long-term growth.

Pricing varies greatly, with entry-level freehold condos starting from S$1.5 million and premium developments exceeding S$5 million. In established areas, the per square foot (psf) price can range from S$2,000 to S$3,500, reflecting the inherent value of perpetual ownership.

“Investors are seeing freehold condos as a form of generational wealth management”, says She. “The ability to hold property indefinitely is a unique hedge against market volatility and inflation.”

Tax and Financial Considerations

Freehold condos have their unique financial implications. While offering perpetual ownership, they also come with an Additional Buyer’s Stamp Duty (ABSD) and other regulatory requirements. Foreign buyers face a 60% ABSD, so financial planning is crucial.

“The tax landscape shouldn’t scare off serious investors”, says She. “When correctly understood as a long-term asset, the benefits often outweigh the initial financial hurdles”.

Singapore’s strong economic fundamentals continue to support the freehold condo market. Despite global uncertainties, Singapore is a haven for property investments with transparent rules and governance.

Singapore’s Urban Renewal Authority (URA), the country’s land-use and conservation authority, ensures that freehold developments are well-integrated into the city’s evolving landscape, giving buyers confidence in their long-term investments.

A Strategic Approach

Freehold condos for sale in Singapore are more than just residential spaces. They’re strategic assets that offer permanence in a changing world. Whether for personal use or investment, these properties give you a piece of Singapore’s most valuable resource: land.

As the market evolves, those who approach freehold condo investments with strategic insight, research and long-term perspective will be best positioned to ride Singapore’s property wave.

Finding the perfect freehold condo is complex, nuanced and personal. It requires financial acumen and an understanding of urban living, investment strategies and Singapore’s property landscape. If you’re looking for a freehold condo for your family or investment, contact SHE Real Estate.