---
title: Freehold vs leasehold in Singapore
canonical_url: https://propertysignals.ai/guides/freehold-vs-leasehold
updated: 2026-09-01
---

# Freehold vs leasehold in Singapore

Canonical HTML guide: <https://propertysignals.ai/guides/freehold-vs-leasehold>

Tenure is one input to a property comparison, not a complete valuation. A sound comparison also considers location, condition, remaining lease, financing, price and the expected holding period.

## What tenure changes

- Freehold land is held without a fixed expiry date, subject to applicable law and planning powers.
- Leasehold ownership runs for the balance of a defined term. A resale purchase does not restart that term.
- A 99-year leasehold property can differ materially from another 99-year property when their remaining leases, location and market evidence differ.

## PropertySignals Fair PSF comparison

PropertySignals exposes an illustrative lease-adjusted comparison signal:

`Fair leasehold PSF = benchmark PSF × (remaining lease / 99)^0.6`

The HTML guide provides an interactive calculator. It is a comparison aid, not a valuation, financing decision or prediction of future price. Use recent local comparables for the benchmark.

## Before deciding

1. Verify the tenure, commencement date and actual remaining lease.
2. Compare recent local transactions with similar type, size, condition and age.
3. Check CPF and loan treatment for the particular property.
4. Read the [99-year leasehold guide](https://propertysignals.ai/guides/99-year-leasehold) and inspect [PropertySignals market context](https://propertysignals.ai/).

## Sources

- [Singapore Land Authority lease policy](https://www.sla.gov.sg/lease-policy/)
- [CPF housing usage calculator](https://www.cpf.gov.sg/member/tools-and-services/calculators/cpf-housing-usage)
- [PropertySignals methodology](https://propertysignals.ai/methodology)