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Freehold vs 99-year Leasehold

Median PSF for freehold vs 99-year private homes, district-by-district, plus a hold-period simulator using URA Bala's lease-decay curve. Live data: every Singapore private transaction from 2020-Q2 to 2026-Q2.

Latest FH median
2248 psf
Latest 99-yr median
2213 psf
Current premium
1.6%
Data window
2020-Q22026-Q2

Median PSF — Freehold vs 99-year leasehold

Freehold premium by district (last 7y)

Median FH PSF over median 99-yr PSF, last 7 years. A district appears below only when both cohorts have ≥5 sales in the window.

Districts where one cohort is too thin to compare honestly (last 7y):

  • D6: only 0 freehold sales.
  • D24: only 0 freehold sales.
  • D25: only 0 freehold sales.

Hold-period simulator (Bala's curve)

Project both freehold and leasehold over your holding period using URA Bala's residual-value table and your assumed appreciation.

FH at Y10: S$1,828,492
99-yr at Y10: S$1,720,793(price per sqft area dropped to 1721 psf)

Source: every Singapore private transaction in the last 7 years (URA via ValueAI). Showing all 112,190qualifying transactions. Bala's lease-decay table from URA / SLA published guidance.