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Should you buy freehold or leasehold condos?

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Years left on a 99-year lease decide how much CPF you can use

FreeFlowchart

Years left on a 99-year lease decide how much CPF you can use

Diagram. Applies to HDB flats and private homes

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Years left on a 99-year lease decide how much CPF you can useDiagram. Applies to HDB flats and private homesFreehold. You own it for an. indefinite periodFreeholdYou own it for anindefinite period99-year leasehold. The right to use it for. a fixed time99-year leaseholdThe right to use it fora fixed time999-year leasehold. A far longer fixed term. (not covered here)999-year leaseholdA far longer fixed term(not covered here)Does the lease left. cover the youngest buyer. to age 95?Does the lease leftcover the youngest buyerto age 95?CPF usable up to. the valuation limitCPF usable up tothe valuation limitCPF use is cut in line. with the shortfall. None at about 20 years or lessCPF use is cut in linewith the shortfallNone at about 20 years or lessyesnoExample: a buyer aged 35 needs 60 years left on the lease (95 - 35). Rules from May 2019 (MOM).

Source: MOM press release, 9 May 2019 (CPF use and the remaining lease).

View the data as a table
Years left on a 99-year lease decide how much CPF you can use
StepDetailLeads to
FreeholdYou own it for an. indefinite period
99-year leaseholdThe right to use it for. a fixed timeDoes the lease left
999-year leaseholdA far longer fixed term. (not covered here)
Does the lease leftcover the youngest buyer. to age 95?CPF usable up to (yes); CPF use is cut in line (no)
CPF usable up tothe valuation limit
CPF use is cut in linewith the shortfall. None at about 20 years or less
Topic
Should you buy freehold or leasehold condos?
Segment
Condos and apartments
Chart type
Flowchart
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Should you buy freehold or leasehold condos?

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