Sign inJoin

Landed property: freehold or leasehold?

MemberLine chart

Freehold terrace land averaged 46% above 99-year leasehold since 2021, against 10% before 2012

MemberLine chart

Freehold terrace land averaged 46% above 99-year leasehold since 2021, against 10% before 2012

Freehold median psf over 99-year leasehold median psf, less 1, in %. Data 1995 Q1 to 2012 Q1 and 2021 Q4 to 2026 Q3; nothing between

CSV download: members

Freehold terrace land averaged 46% above 99-year leasehold since 2021, against 10% before 2012A single quarter can move by 10 points or more: in 2024 the premium fell from 42.5% in Q3 to 22.4% in Q4. So read the average, not one point. The 99-year medians in 1995 rest on only 6 or 7 sales a quarter, so treat the early spikes with care.-30.0%-15.0%0.0%15.0%30.0%45.0%60.0%75.0%1995200020052010201520202025EqualPremium: 1995-Q1 to 2012-Q1Premium, 2012 Q1: 35.0%PremiumEqual1995-Q1: Premium 24.5%1995-Q2: Premium -16.3%1995-Q3: Premium -12.9%1995-Q4: Premium -5.3%1996-Q1: Premium -3.2%1996-Q2: Premium 7.9%1996-Q3: Premium 1.8%1996-Q4: Premium 5.7%1997-Q1: Premium 11.8%1997-Q2: Premium -0.4%1997-Q3: Premium 2.6%1997-Q4: Premium -4.8%1998-Q1: Premium 6.0%1998-Q2: Premium 1.8%1998-Q3: Premium 1.2%1998-Q4: Premium -0.7%1999-Q1: Premium -12.5%1999-Q2: Premium 5.7%1999-Q3: Premium 2.4%1999-Q4: Premium 1.9%2000-Q1: Premium -3.2%2000-Q2: Premium -3.6%2000-Q3: Premium 9.2%2000-Q4: Premium -1.3%2001-Q1: Premium 4.6%2001-Q2: Premium 4.8%2001-Q3: Premium 0.0%2001-Q4: Premium -7.2%2002-Q1: Premium -1.7%2002-Q2: Premium 9.7%2002-Q3: Premium 9.4%2002-Q4: Premium 13.4%2003-Q1: Premium 10.0%2003-Q2: Premium -11.4%2003-Q3: Premium 0.9%2003-Q4: Premium 5.9%2004-Q1: Premium -0.2%2004-Q2: Premium 16.5%2004-Q3: Premium 21.0%2004-Q4: Premium 17.1%2005-Q1: Premium 1.5%2005-Q2: Premium 18.0%2005-Q3: Premium 8.0%2005-Q4: Premium 18.1%2006-Q1: Premium 16.1%2006-Q2: Premium 12.0%2006-Q3: Premium 14.2%2006-Q4: Premium 15.3%2007-Q1: Premium 18.0%2007-Q2: Premium 24.8%2007-Q3: Premium 32.4%2007-Q4: Premium 25.0%2008-Q1: Premium 15.2%2008-Q2: Premium 14.0%2008-Q3: Premium 13.2%2008-Q4: Premium 11.0%2009-Q1: Premium 14.0%2009-Q2: Premium 11.1%2009-Q3: Premium 25.8%2009-Q4: Premium 26.9%2010-Q1: Premium 25.2%2010-Q2: Premium 24.0%2010-Q3: Premium 20.5%2010-Q4: Premium 22.6%2011-Q1: Premium 26.5%2011-Q2: Premium 33.1%2011-Q3: Premium 31.7%2011-Q4: Premium 33.1%2012-Q1: Premium 35.0%Members see the full history
Members see the full chartThe rest of the history, the data table and the CSV are for members.See plansSign in

A single quarter can move by 10 points or more: in 2024 the premium fell from 42.5% in Q3 to 22.4% in Q4. So read the average, not one point. The 99-year medians in 1995 rest on only 6 or 7 sales a quarter, so treat the early spikes with care.

Source: PropInsights calculation from URA transaction records (REALIS to Apr 2012, URA API from Sep 2021). Same transaction records and dates as the chart above. 999-year leases are left out. Preview only: the full chart, table and CSV are for members. Preview of the first part (to 2012 Q1). The full chart, table and CSV are for members.

Medians and counts only: no unit-level data.

Topic
Landed property: freehold or leasehold?
Segment
Landed homes
Chart type
Line chart
Access
Member chart: others see part of the history.CSV download is for members.

Landed property: freehold or leasehold?

More charts in this topic

Previous chartTerrace land reached S$2,483 psf for freehold and S$1,584 for 99-year leasehold in 2026 Q3Next chartA typical 99-year terrace house sold since 2021 had about 69 years of lease left